AXIS SPINE TECHNOLOGIES LTD
Get an alert when AXIS SPINE TECHNOLOGIES LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-22 (in 10mo)
Last made up 2026-03-08
Watchouts
Cash
£1M
Latest balance sheet
Net assets
£1M
Equity attributable
Employees
15
highest in 6 filed years
Profit before tax
-£4M
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors accept the existence of a material uncertainty in respect of going concern if the next round of fund raising is not successful. On the basis that the company has sufficient resources to fund development projects for a period of not less than 12 months from the date of approval of these financial statements, the directors are of the opinion that the financial statements should be prepared on a going concern basis.
Profit before tax
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £370,037 | £392,834 | |
| Operating profit | — | — | — | — | -£6,407,310 | -£4,021,413 | |
| Profit before tax | — | — | — | — | -£6,348,436 | -£3,981,451 | |
| Net profit | — | — | — | -£1,845,752 | -£6,039,309 | -£3,455,951 | |
| Cash | £209,526 | £716,753 | £1,373,691 | £327,323 | £4,798,578 | £1,278,378 | |
| Total assets less current liabilities | £351,070 | £1,104,029 | £1,757,330 | £1,044,264 | £4,733,150 | £1,407,699 | |
| Net assets | — | — | — | — | — | — | |
| Equity | £351,070 | £1,104,029 | £1,757,330 | £1,044,264 | £4,733,150 | £1,407,699 | |
| Average employees | 2 | 3 | 5 | 7 | 10 | 15 | |
| Wages | — | — | — | — | £1,833,452 | £1,708,392 | |
| Directors' remuneration | — | — | — | — | £585,105 | £430,162 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Return on capital employed | — | — | — | — | -135.4% | -285.7% | |
| Current ratio | — | — | — | — | 9.22x | 3.07x | |
| Interest cover | — | — | — | — | — | -51556.58x |
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
- AXIS SPINE TECHNOLOGIES LTD 2018-06-20 → present
- BRIDGING BONE LIMITED 2016-07-20 → 2018-06-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors accept the existence of a material uncertainty in respect of going concern if the next round of fund raising is not successful. On the basis that the company has sufficient resources to fund development projects for a period of not less than 12 months from the date of approval of these financial statements, the directors are of the opinion that the financial statements should be prepared on a going concern basis.”
Group structure
- AXIS SPINE TECHNOLOGIES LTD · parent
- Axis Spine Technologies Inc 100%
Significant events
- “A subsequent equity funding round of £6.5 million was completed in June 2025, which extends the company's financial runway through Q2 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILLIAMS, Alexander David Robert | Secretary | 2023-02-01 | — | — |
| CARTMELL, Simon Christopher | Director | 2021-02-05 | Jan 1960 | British |
| DAVIS JNR, Timothy Edward | Director | 2020-09-04 | Apr 1970 | American |
| OGILVIE, Stephan | Director | 2022-10-17 | Jul 1976 | American |
| SUTCLIFFE, John Christopher | Director | 2017-04-04 | Aug 1959 | British |
| WILLIAMS, Alexander David Robert | Director | 2023-02-01 | Dec 1980 | British |
| MERCIA FUND MANAGEMENT (NOMINEES) LIMITED | Corporate Director | 2026-01-02 | — | — |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARCOS, Jonathan Lloyd | Director | 2016-07-20 | 2025-11-07 |
| DINES, Peter Michael | Director | 2019-04-04 | 2024-04-25 |
| GWYTHER, Alex Stephen | Director | 2024-04-25 | 2026-01-02 |
| SINGAH, Lucy Philippa | Director | 2021-04-01 | 2022-12-31 |
| MERCIA FUND MANAGEMENT (NOMINEES) LIMITED | Corporate Director | 2017-04-04 | 2019-04-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mercia Fund Management Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2017-05-04 | Ceased 2019-04-04 |
| Mr Jonathan Arcos | Individual | Shares 25–50%, Voting 25–50% | 2016-07-20 | Ceased 2021-01-27 |
Filing timeline
Last 20 of 116 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-16 RESOLUTIONS Resolution
- 2025-04-16 MA Memorandum articles
- 2025-03-14 RESOLUTIONS Resolution
- 2025-03-14 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | SH01 | capital | Capital allotment shares | |
| 2026-03-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-04 | SH01 | capital | Capital allotment shares | |
| 2026-01-08 | AP02 | officers | Appoint corporate director company with name date | |
| 2026-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-29 | AA | accounts | Accounts with accounts type group | |
| 2025-06-20 | SH01 | capital | Capital allotment shares | |
| 2025-05-12 | SH01 | capital | Capital allotment shares | |
| 2025-04-28 | SH01 | capital | Capital allotment shares | |
| 2025-04-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-16 | MA | incorporation | Memorandum articles | |
| 2025-04-04 | SH01 | capital | Capital allotment shares | |
| 2025-03-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-14 | MA | incorporation | Memorandum articles | |
| 2025-03-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-22 | AA | accounts | Accounts with accounts type small | |
| 2024-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-08 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 6
- Officers appointed
- 1
- Officers resigned
- 2
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.