C4X DISCOVERY LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-06-09 (in 1mo)
Last made up 2025-05-26
Watchouts
None on the register
Cash
£8M
Latest balance sheet
Net assets
-£54M
Equity attributable
Employees
32
Average over period
Profit before tax
-£3M
Period ending 2025-12-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £24,840,000 | £6,736,000 | |
| Operating profit | £2,356,000 | -£2,925,000 | |
| Profit before tax | £2,585,000 | -£2,929,000 | |
| Net profit | £3,880,000 | -£2,004,000 | |
| Cash | £9,694,000 | £7,634,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | -£52,178,000 | -£53,919,000 | |
| Equity | -£52,178,000 | -£53,919,000 | |
| Average employees | 47 | 32 | |
| Wages | £6,893,000 | £2,808,000 | |
| Directors' remuneration | £1,281,000 | £713,000 |
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 2025-12-31 vs 2024-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 9.5% | -43.4% | |
| Net margin | 15.6% | -29.8% | |
| Gearing (liabilities / total assets) | 542.8% | 691.2% | |
| Current ratio | 0.18x | 0.14x | |
| Interest cover | 294.50x | -24.79x |
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 1 time since incorporation
- C4X DISCOVERY LIMITED 2013-07-04 → present
- CONFORMETRIX LIMITED 2007-07-25 → 2013-07-04
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having prepared management forecasts and made appropriate enquiries, the Directors are satisfied that the Company has adequate resources for the foreseeable future. Accordingly, they have continued to adopt the going concern basis in preparing the Company financial statements.”
Significant events
- “During the year, the Board approved a significant restructure of the Company to streamline operations and ensure sustainability.”
- “In April 2025, the second milestone of €8m was triggered, reflecting further pre-clinical progress, with receipt of payment in May 2025.”
- “During the year to 31 December 2025, the Company, as part of the restructure, moved premises and entered into a new lease agreement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLANEY, Emma | Director | 2024-12-30 | Jan 1978 | British |
| RAY, Nicholas | Director | 2024-12-30 | Jul 1965 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FAULKNER, Claire Jane | Secretary | 2007-07-25 | 2008-11-04 |
| HOY, Brad | Secretary | 2020-09-15 | 2024-12-31 |
| ALMOND, Andrew, Dr | Director | 2007-07-25 | 2015-10-26 |
| BARKER, Michael Gordon, Dr | Director | 2008-06-05 | 2011-05-17 |
| BLUNDELL, Charles Douglas, Dr | Director | 2007-07-25 | 2023-06-21 |
| DIX, Clive James | Director | 2015-11-19 | 2024-12-31 |
| DIX, Clive, Dr | Director | 2010-12-20 | 2015-09-08 |
| FINCH, Harry, Dr | Director | 2010-12-20 | 2015-09-08 |
| FOX, Justin Craig | Director | 2015-11-26 | 2022-01-31 |
| HOY, Brad | Director | 2017-12-13 | 2024-12-31 |
| MORGAN, Piers John | Director | 2014-05-27 | 2015-11-19 |
| WILLIAMS, Samuel Cameron | Director | 2009-09-29 | 2015-09-08 |
| AQUARIUS EQUITY DIRECTOR LIMITED | Corporate Director | 2008-10-25 | 2015-01-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| C4x Discovery Holdings Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 102 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-04-23 | AA | accounts | Accounts with accounts type full | |
| 2025-07-18 | AA | accounts | Accounts with accounts type full | |
| 2025-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-29 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-03-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-13 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-07 | AA | accounts | Accounts with accounts type full | |
| 2024-02-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-02 | AA | accounts | Accounts with accounts type full | |
| 2022-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-20 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.