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Cash

£4.4M

lowest in 3 filed years

Net assets

-£2.4M

lowest in 3 filed years

Employees

Average over period

Profit before tax

Period ending 2025-12-31

Watchouts

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

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2024-03-312024-12-312025-12-31 Δ vs prior
Turnover
Operating profit -£4,241,447-£5,318,762
Profit before tax -£5,110,548-£6,238,788
Net profit -£4,770,137-£5,666,930-£11,699,591
Cash £4,563,783£19,019,451£4,390,144
Total assets less current liabilities £23,039,816£14,216,816
Net assets -£1,581,273£8,842,465-£2,400,856
Equity -£1,581,273£8,842,465-£2,400,856
Average employees 45
Wages
Directors' remuneration £261,656£94,736

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . Year-on-year comparison hidden: this filing covers about 12 months versus 9 months prior. About these numbers

Ratios

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

Ratio Trend 2024-03-312024-12-312025-12-31
Return on capital employed -23.1%
Current ratio 7.41x38.74x12.24x
Interest cover -4.86x-5.55x

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.

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Consolidated group
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Its current resources enable the company to continue for a period of not less than 12 months from the approval of the financial statements to execute its business plan and to meet its liabilities as they fall due in the normal course of business. For these reasons, the company continues to adopt the going concern basis in preparing its financial statements, which assumes that the company will continue in operational existence for the foreseeable future.”

Significant events

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

People

8 active · 4 resigned

Name Role Appointed Born Nationality
BARKER, Laurence Daniel Paul Director 2020-03-25 Jun 1972 British
CORRIGAN, Mark Herman, Dr. Director 2024-02-01 Jul 1957 American
FOLEY, Todd Thomas Director 2023-08-17 Oct 1971 American
RHODES, Jane Kathleen Relton Director 2024-09-03 Apr 1968 American
ROSENBERG, Adam Director 2025-11-17 May 1970 American
SCHELTENS, Philippus, Professor Director 2023-10-02 Dec 1957 Dutch
TOBIN, Jonathan Leslie Director 2023-10-02 Dec 1982 British
UTENG, Marianne, Dr Director 2023-08-17 Dec 1977 Norwegian
Show 4 resigned officers
Name Role Appointed Resigned
DINES, Jonathon Alan Director 2019-04-01 2020-03-25
EDWARDS, Timothy Peter Warren Director 2019-09-19 2025-11-17
MCKERNAN, Ruth Director 2019-04-01 2024-09-26
REYNOLDS, David Director 2019-04-01 2024-09-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dementia Discovery Gp Lp Corporate entity Shares 25–50% 2024-07-12 Ceased 2024-12-20
Sv Health Managers Llp Corporate entity Significant influence 2019-04-01 Ceased 2024-07-12
Mr David Reynolds Individual Shares 25–50%, Voting 25–50% 2019-04-01 Ceased 2020-03-02
Ms Ruth Mckernan Individual Shares 25–50%, Voting 25–50% 2019-04-01 Ceased 2020-03-02

Filing timeline

Last 20 of 69 total filings

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

  • 2025-01-16 RESOLUTIONS Resolution
Date Type Category Description
2026-06-24 AA accounts Accounts with accounts type group
2026-04-10 CS01 confirmation-statement Confirmation statement with updates PDF
2026-02-17 SH01 capital Capital allotment shares PDF
2025-12-15 SH01 capital Capital allotment shares PDF
2025-12-11 SH01 capital Capital allotment shares PDF
2025-12-11 SH01 capital Capital allotment shares PDF
2025-12-03 AP01 officers Appoint person director company with name date PDF
2025-12-02 TM01 officers Termination director company with name termination date PDF
2025-07-18 AA accounts Accounts with accounts type group
2025-04-10 CS01 confirmation-statement Confirmation statement with updates PDF
2025-02-26 AD01 address Change registered office address company with date old address new address PDF
2025-01-17 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2025-01-17 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-01-16 RESOLUTIONS resolution Resolution
2025-01-03 SH01 capital Capital allotment shares PDF
2024-11-05 AA01 accounts Change account reference date company current shortened PDF
2024-10-08 TM01 officers Termination director company with name termination date PDF
2024-10-08 TM01 officers Termination director company with name termination date PDF
2024-09-29 AA accounts Accounts with accounts type small
2024-09-27 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

last 12 months

Capital events
5

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page