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Cash

£8.1M

+543.2% vs 2024

Net assets

£13M

+150.2% first positive since 2024

Employees

169

-16.3% lowest in 3 filed years

Profit before tax

-£18M

+22% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £2,081,255£3,192,272£5,324,900 +66.8%
Operating profit -£20,911,125-£23,292,474-£18,491,460 +20.6%
Profit before tax -£20,143,702-£23,160,723-£18,061,929 +22%
Net profit -£17,989,527-£19,523,293-£15,391,102 +21.2%
Cash £17,025,754£1,259,840£8,102,686 +543.2%
Total assets less current liabilities £23,083,134-£25,091,261£13,755,566 +154.8%
Net assets £21,352,361-£26,244,933£13,183,030 +150.2%
Equity £21,352,361£13,183,030
Average employees 191202169 -16.3%
Wages £10,619,905£12,009,261£11,515,465 -4.1%
Directors' remuneration £311,274£316,259£322,214 +1.9%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Return on capital employed -90.6%-134.4%
Gearing (liabilities / total assets) 19.4%336.3%23.1%
Current ratio 6.54x0.21x4.30x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. OWLSTONE MEDICAL LIMITED 2016-03-04 → present
  2. OWLSTONE LIMITED 2004-04-20 → 2016-03-04
  3. TIGER DAWN LIMITED 2003-11-06 → 2004-04-20

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
Grant Thornton UK LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“As stated in note 1, these events or conditions, along with the other matters as set forth in note 1, indicate that a material uncertainty exists that may cast significant doubt on the Group's and the parent Company's ability to continue as a going concern.”

Group structure

  1. OWLSTONE MEDICAL LIMITED · parent
    1. Omed Health Limited 100% · United Kingdom · Dormant company
    2. Owlstone Medical Inc. 100% · USA · Support services for sales and R&D

Significant events

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

People

8 active · 9 resigned

Name Role Appointed Born Nationality
TWEEN, Neil Andrew Secretary 2021-07-22
BADER, Bret Ian Director 2016-03-03 Jun 1966 American
BOYLE, Paul Director 2004-05-28 Oct 1978 British
CAPONE, Mark Christopher Director 2021-08-05 Jun 1962 American
MCCREADIE, Jessica Director 2026-05-07 Sep 1991 British
RICHARDS, Andrew John Mcglashan, Dr Director 2018-09-12 Mar 1960 British
TOUMAZOU, Christofer Director 2016-03-03 Jul 1961 British
ZHANG, Haorui Patrick Director 2021-08-05 Nov 1986 Chinese
Show 9 resigned officers
Name Role Appointed Resigned
BOYNE, Linden James Hastings Secretary 2004-04-15 2009-12-22
RUIZ ALONSO, David Secretary 2009-12-22 2021-07-22
SUBSCRIBER SECRETARIES LIMITED Corporate Secretary 2003-11-06 2004-04-15
BOYNE, Linden James Hastings Director 2004-04-15 2009-12-22
GITTINS, Magnus Director 2004-04-15 2008-11-28
KOEHL, Andrew Hampton Director 2004-05-28 2016-03-03
RUIZ ALONSO, David Director 2009-12-22 2016-03-03
WRIGHT, Douglas David Director 2018-02-26 2025-08-31
SUBSCRIBER DIRECTORS LIMITED Corporate Director 2003-11-06 2004-04-15

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 220 total filings

Date Type Category Description
2026-06-01 SH01 capital Capital allotment shares PDF
2026-05-14 AA accounts Accounts with accounts type group
2026-05-07 AP01 officers Appoint person director company with name date PDF
2026-01-05 SH01 capital Capital allotment shares PDF
2025-11-06 CS01 confirmation-statement Confirmation statement with updates PDF
2025-10-31 TM01 officers Termination director company with name termination date PDF
2025-08-26 SH01 capital Capital allotment shares PDF
2025-07-23 SH01 capital Capital allotment shares PDF
2025-06-06 AA accounts Accounts with accounts type group
2025-05-31 SH01 capital Capital allotment shares PDF
2025-05-30 SH08 capital Capital name of class of shares
2025-05-30 SH08 capital Capital name of class of shares
2025-05-30 SH08 capital Capital name of class of shares
2025-05-30 SH08 capital Capital name of class of shares
2025-05-30 SH08 capital Capital name of class of shares
2025-05-30 SH08 capital Capital name of class of shares
2025-05-30 SH08 capital Capital name of class of shares
2025-05-30 SH08 capital Capital name of class of shares
2025-05-21 SH01 capital Capital allotment shares PDF
2025-03-25 SH01 capital Capital allotment shares PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
15

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page