BIODEXA PHARMACEUTICALS (WALES) LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.3 to the financial statements, which indicates that there is a material uncertainty in relation to the company's ability to continue as a going concern. As detailed in that note, the company's future viability is dependent on the ability of its parent company to raise additional funds and provide ongoing financial support.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  +250%

  £8,000 → £28,000

• Net assets

  -30.8%

  -£2,636,000 → -£3,448,000

• Employees

  -33.3%

  6 → 4

• Operating profit

  +3%

  -£828,000 → -£803,000

• Profit before tax

  +4%

  -£847,000 → -£813,000

• Wages

  -3.7%

  £218,000 → £210,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. BIODEXA PHARMACEUTICALS (WALES) LIMITED 2023-05-15 → present
2. MIDATECH PHARMA (WALES) LIMITED 2015-01-23 → 2023-05-15
3. Q CHIP LIMITED 2003-10-10 → 2015-01-23

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2.3 to the financial statements, which indicates that there is a material uncertainty in relation to the company's ability to continue as a going concern. As detailed in that note, the company's future viability is dependent on the ability of its parent company to raise additional funds and provide ongoing financial support.”

Significant events

• “The Company recorded a loss after taxation of £684k (2024: loss after taxation £818k) for the year and had net liabilities of £3,448k (2024: net liabilities £2,636k) at the date of the statement of financial position.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.