NUCLERA LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-10 (in 4mo)
Last made up 2025-08-27
Watchouts
None on the register
Cash
£51M
+292.2% highest in 4 filed years
Net assets
£91M
+68.8% highest in 4 filed years
Employees
121
-9.7% vs 2023
Profit before tax
-£24M
-8.5% vs 2023
Net assets
4-year trend · vs Health Care median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £90,758 | £1,273,509 | |
| Operating profit | — | — | -£21,632,117 | -£23,463,662 | |
| Profit before tax | — | — | -£21,981,157 | -£23,853,087 | |
| Net profit | — | — | -£18,414,106 | -£22,433,057 | |
| Cash | £11,327,158 | £13,768,236 | £13,006,195 | £51,006,016 | |
| Total assets less current liabilities | £16,031,948 | £63,437,737 | £64,515,905 | £99,658,642 | |
| Net assets | £5,753,592 | £63,245,045 | £53,782,744 | £90,771,349 | |
| Equity | £5,753,592 | £63,245,045 | £53,782,744 | £90,771,349 | |
| Average employees | 26 | 38 | 134 | 121 | |
| Wages | — | — | £10,200,872 | £10,272,951 | |
| Directors' remuneration | — | — | £851,278 | £1,085,835 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+1,303.2%
£90,758 £1,273,509
-
Cash
+292.2%
£13,006,195 £51,006,016
highest in 4 filed years
-
Net assets
+68.8%
£53,782,744 £90,771,349
highest in 4 filed years
-
Employees
-9.7%
134 121
-
Operating profit
-8.5%
-£21,632,117 -£23,463,662
-
Profit before tax
-8.5%
-£21,981,157 -£23,853,087
-
Wages
+0.7%
£10,200,872 £10,272,951
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 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Return on capital employed | — | — | -33.5% | -23.5% | |
| Gearing (liabilities / total assets) | — | — | 22.2% | 13.8% | |
| Current ratio | — | — | 4.05x | 10.59x | |
| Interest cover | — | — | -28.13x | -26.86x |
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
- NUCLERA LTD 2023-04-13 → present
- NUCLERA NUCLEICS LTD 2013-08-27 → 2023-04-13
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Peters Elworthy & Moore
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on a going concern basis, which assumes that the Group and Company will continue in operation for the foreseeable future, being at least 12 months from the approval of these financial statements. There was a net loss of £22.4m for the year ended 31 December 2024 (2023: £18.4m), and as of 31 December 2024, the Group had cash and cash equivalents of £51.0m (2023: £13.0m). In mid to late 2024, the Group raised $75m in its Series C funding round which will support the Group and Company to meet its day-to-day working capital requirements and to pursue existing activities for at least 24 months. Therefore, the Company will have adequate resources to meet its liabilities as they fall due and to continue in operational existence for the foreseeable future, such that the Group and the Company continue to adopt the going concern basis in preparing its financial statements.”
Group structure
- NUCLERA LTD · parent
- Nuclera Corporation 100%
Significant events
- “2024 launch of the eProtein Discovery™™ system”
- “soft launching the system throughout 2024 to for-profit customers”
- “Series C funding of $75m secured in 2024”
- “reduction in staff to 108 employees on 31 December 2024 (2023 - 129)”
- “6,375 unvested growth shares were converted into deferred shares on the departure of several senior members of staff in the year.”
- “a bonus issue of 991,950 Class B shares.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TAYLOR WESSING SECRETARIES LIMITED | Corporate Secretary | 2024-05-29 | — | — |
| CHEN, Michael Chun Hao, Dr | Director | 2013-08-27 | Apr 1990 | American |
| KEEGAN, Joseph, Dr | Director | 2020-06-10 | May 1953 | American |
| KULLBACK, William Jay | Director | 2025-01-02 | Oct 1959 | American |
| MCCREARY, Michael, Dr | Director | 2021-05-18 | Feb 1947 | American |
| MILNER, Jonathan Simon, Dr | Director | 2024-01-01 | May 1965 | British |
| VENKATESAN, Bala Murali | Director | 2022-01-10 | Jan 1982 | American |
| WASSERMAN, Michael | Director | 2024-08-16 | Sep 1974 | American,Canadian |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GOUGH, Alexander Philip | Director | 2018-11-15 | 2021-02-22 |
| HERLING-MCINROY, Gordon Ross, Dr | Director | 2013-08-27 | 2024-08-16 |
| HUANG, Jiahao, Dr | Director | 2013-08-27 | 2024-08-16 |
| LAZAR, Radu Alexandru | Director | 2013-08-27 | 2017-06-05 |
| MARTIN, Barnaby Hugo Domnic | Director | 2021-02-24 | 2024-08-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dr Gordon Ross Mcinroy | Individual | Shares 25–50%, Voting 25–50% | 2017-08-01 | Ceased 2018-11-15 |
| Dr Michael Chun Hao Chen | Individual | Shares 25–50%, Voting 25–50% | 2017-08-01 | Ceased 2018-11-15 |
| Dr Jiahao Huang | Individual | Shares 25–50%, Voting 25–50% | 2017-08-01 | Ceased 2018-11-15 |
Filing timeline
Last 20 of 122 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-21 RESOLUTIONS Resolution
- 2024-11-18 RESOLUTIONS Resolution
- 2024-11-18 MA Memorandum articles
- 2024-09-02 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-06 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-21 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-15 | SH01 | capital | Capital allotment shares | |
| 2026-01-15 | SH01 | capital | Capital allotment shares | |
| 2025-10-15 | SH01 | capital | Capital allotment shares | |
| 2025-09-29 | CH01 | officers | Change person director company with change date | |
| 2025-09-26 | CH01 | officers | Change person director company with change date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type group | |
| 2025-09-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-27 | SH01 | capital | Capital allotment shares | |
| 2025-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-30 | SH08 | capital | Capital name of class of shares | |
| 2024-11-18 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-18 | MA | incorporation | Memorandum articles | |
| 2024-11-08 | SH01 | capital | Capital allotment shares | |
| 2024-11-07 | SH01 | capital | Capital allotment shares | |
| 2024-10-31 | AA | accounts | Accounts with accounts type group | |
| 2024-09-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-11 | SH01 | capital | Capital allotment shares | |
| 2024-09-02 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 8
- 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.