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Next accounts due

2027-06-29 (in 1y)

Last filed for 2025-09-30

Confirmation statement due

2026-10-24 (in 5mo)

Last made up 2025-10-10

Watchouts

1 item

Cash

£930K

-18.1% vs 2024

Net assets

£18M

+2% vs 2024

Employees

16

0% vs 2024

Profit before tax

£360K

+110.2% vs 2024

Watchouts

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

Accounts

5-year trend · latest reflected 2025-09-30

Metric Trend 2021-10-012022-09-302023-09-302024-09-302025-09-30
Turnover £1,330,594£5,425,375
Operating profit -£3,352,298£561,391
Profit before tax -£3,537,239£359,578
Net profit -£3,537,239£359,578
Cash £5,330,692£923,141£1,135,299£929,644
Total assets less current liabilities £20,843,221£21,801,879
Net assets £17,980,794£18,340,372
Equity £2,605,017£17,980,794£18,340,372
Average employees 1616
Wages £1,283,206£1,056,018
Directors' remuneration £475,753£0

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 2025-09-30 vs 2024-09-30

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 2021-10-012022-09-302023-09-302024-09-302025-09-30
Operating margin 10.3%
Net margin 6.6%
Return on capital employed -16.1%2.6%
Gearing (liabilities / total assets) 17.8%18.8%
Current ratio 3.17x4.44x
Interest cover -16.16x2.57x

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. 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 1 time since incorporation

  1. NEW ENGLAND BIOLABS LYOPHILIZATION SCIENCES LTD. 2022-11-30 → present
  2. FLUOROGENICS LIMITED 2011-08-26 → 2022-11-30

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Azets Audit Services
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“On 1 October 2024, the Company transitioned to a toll manufacturing model. The directors have assessed the impact of this operational change on the Company's cash flows and ability to meet its obligations as they fall due. The Company has received a confirmation certification from its parent company, confirming that it will provide sufficient funding for at least 12 months from the date of signature of the financial statements for the period ended 30 September 2025. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

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

People

3 active · 9 resigned

Name Role Appointed Born Nationality
HARDING, Kiran Director 2021-05-07 May 1966 British
NICHOLS, Nicole Director 2022-04-01 Aug 1973 American
RUSSELLO, Salvatore Vincent Director 2022-09-30 Aug 1974 American
Show 9 resigned officers
Name Role Appointed Resigned
CLIFFORD & CO (COMPANY SECRETARIAL) LIMITED Corporate Secretary 2012-01-12 2014-09-02
RAWLENCE & BROWNE LTD Corporate Secretary 2014-09-02 2020-11-05
DAVIS, Theodore Director 2021-05-07 2022-04-01
ELLARD, James Director 2021-05-07 2022-09-30
LAVERICK, Mark Andrew, Dr Director 2011-08-26 2013-09-27
LEE, Martin Alan, Dr Director 2011-08-26 2021-05-07
MURPHY, Lawrence Campbell Director 2011-08-26 2021-05-07
PHILLIPS, Mark Alwyn Director 2016-09-23 2021-05-07
PHILLIPS, Mark Alwyn Director 2016-09-23 2016-09-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Donald G. Comb Stock Trust Corporate entity Shares 25–50%, Voting 50–75%, Appoints directors 2024-05-16 Active
Donald G. Comb Revocable Trust Corporate entity Shares 25–50%, Voting 50–75%, Appoints directors 2021-05-07 Ceased 2024-05-16
Dr Martin Alan Lee Individual Shares 50–75%, Voting 50–75%, Appoints directors 2016-04-06 Ceased 2021-05-07
Mr Lawrence Campbell Murphy Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2019-05-08

Filing timeline

Last 20 of 91 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-12-15 MA Memorandum articles
  • 2022-12-15 RESOLUTIONS Resolution
  • 2022-11-30 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-01-30 AA accounts Accounts with accounts type full PDF
2025-10-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-26 AA accounts Accounts with accounts type full PDF
2024-10-24 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-27 AA accounts Accounts with accounts type full PDF
2024-09-26 SH01 capital Capital allotment shares PDF
2024-06-27 AA01 accounts Change account reference date company previous shortened PDF
2024-05-20 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-05-20 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-04-01 AD01 address Change registered office address company with date old address new address PDF
2024-03-12 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-10-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-10 AA accounts Accounts with accounts type full
2022-12-15 MA incorporation Memorandum articles
2022-12-15 RESOLUTIONS resolution Resolution
2022-11-30 CERTNM change-of-name Certificate change of name company PDF
2022-10-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-03 TM01 officers Termination director company with name termination date PDF
2022-10-03 AP01 officers Appoint person director company with name date PDF
2022-04-06 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
1

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