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Next accounts due

2027-04-30 (in 11mo)

Last filed for 2025-07-31

Confirmation statement due

2026-11-04 (in 6mo)

Last made up 2025-10-21

Watchouts

None on the register

Cash

£2M

+30% vs 2024

Net assets

£736K

-75% vs 2024

Employees

Average over period

Profit before tax

-£2M

+39% vs 2024

Accounts

2-year trend · latest reflected 2025-07-31

Metric Trend 2024-07-312025-07-31
Turnover £12,017,649£11,306,833
Operating profit -£3,422,207-£2,204,611
Profit before tax -£3,620,994-£2,208,605
Net profit -£3,620,994-£2,208,605
Cash £1,387,947£1,804,601
Total assets less current liabilities £3,189,686£1,244,621
Net assets £2,944,694£736,089
Equity £2,944,694£736,089
Average employees
Wages
Directors' remuneration

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

Year-on-year

FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31

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

Ratios

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

Ratio Trend 2024-07-312025-07-31
Operating margin -28.5%-19.5%
Net margin -30.1%-19.5%
Return on capital employed -107.3%-177.1%
Current ratio 0.31x0.33x
Interest cover -6.82x-3.54x

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.

Name history

Renamed 2 times since incorporation

  1. IMPERIAL COLLEGE THINKSPACE LIMITED 2015-12-04 → present
  2. IMPERIAL BIOINCUBATOR LIMITED 2004-11-23 → 2015-12-04
  3. INTERCEDE 1974 LIMITED 2004-10-28 → 2004-11-23

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company has made a loss; however, the directors have a reasonable expectation that the company has access to adequate resources to continue its operations and have prepared budgets which indicate that profits will be made in future years. The directors have considered cashflow forecasts to the period to December 2026. They have also received assurances from the company's shareholder that it will continue to support the company's development for the foreseeable future. This is evidenced by the revolving credit facility that has been made available to the company from Imperial College London and recently extended July 2028.”

Significant events

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

People

2 active · 23 resigned

Name Role Appointed Born Nationality
ANDERSON, John Robert Director 2013-01-29 Jul 1972 British
COPEMAN, James Robert Director 2022-01-23 Aug 1966 British
Show 23 resigned officers
Name Role Appointed Resigned
GREEN, John Timothy, Dr Secretary 2004-11-23 2006-11-13
HAINSWORTH, Catherine Secretary 2006-11-13 2012-12-20
JONES, Claire Louise Secretary 2012-12-20 2014-03-05
MITCHELL, Catherine Anne Secretary 2015-08-12 2024-07-02
SOULIEUX, Justine Anne Secretary 2014-06-11 2015-08-12
MITRE SECRETARIES LIMITED Corporate Secretary 2004-10-28 2004-11-23
ALFORD, Neil Mcneill, Professor Director 2018-02-20 2023-07-04
ANDERSON, John Robert Director 2012-01-17 2012-11-30
ANDERSON, John Director 2006-11-13 2008-02-13
BROOKS WILSON, David Charles Director 2004-11-23 2006-11-13
BUCK, Nigel Director 2008-02-13 2010-05-25
FOLEY, Eugene Paul Director 2021-11-08 2024-07-02
HANCOCK, Jonathan Branwell Director 2010-06-25 2017-11-16
JENNINGS, Nicholas Robert, Professor Director 2018-02-20 2021-10-01
MAPP, Michele Linette Director 2012-11-30 2015-02-04
MURPHY, Andrew Charles Director 2006-11-13 2012-12-21
ROALFE, Nicholas Director 2006-11-13 2023-12-21
ROBERTS, Eulian John Foster, Dr Director 2015-02-04 2020-07-31
ROLAND-PRICE, Andrew Director 2012-12-20 2021-03-31
TOWLER, Christopher Malcolm, Dr Director 2005-04-26 2008-08-01
WILSON, Jennifer Claire Director 2021-11-08 2023-09-08
MITRE DIRECTORS LIMITED Corporate Director 2004-10-28 2004-11-23
MITRE SECRETARIES LIMITED Corporate Director 2004-10-28 2004-11-23

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 117 total filings

Date Type Category Description
2026-01-16 AA accounts Accounts with accounts type full
2025-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-22 AA accounts Accounts with accounts type small
2024-11-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-03 TM01 officers Termination director company with name termination date PDF
2024-07-03 TM02 officers Termination secretary company with name termination date PDF
2024-01-20 AA accounts Accounts with accounts type small
2024-01-02 TM01 officers Termination director company with name termination date PDF
2023-10-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-13 TM01 officers Termination director company with name termination date PDF
2023-07-04 TM01 officers Termination director company with name termination date PDF
2023-01-23 AP01 officers Appoint person director company with name date PDF
2023-01-06 AA accounts Accounts with accounts type small
2022-11-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-21 AA accounts Accounts with accounts type small
2021-11-11 AP01 officers Appoint person director company with name date PDF
2021-11-11 AP01 officers Appoint person director company with name date PDF
2021-11-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-10-14 TM01 officers Termination director company with name termination date PDF
2021-04-14 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

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.

Official Companies House page