BLUE EARTH THERAPEUTICS LIMITED
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Cash
£11m
USD 15,122,085
-6.7% vs 2024
Net assets
£10m
USD 13,486,392
+11.9% highest in 5 filed years
Employees
18
+200% highest in 5 filed years
Profit before tax
-£18m
USD -23,589,027
-28.2% vs 2024
Net assets
5-year trend · vs Health Care median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | -£13,704,602 | -£17,467,633 | -27.5% | |
| Profit before tax | — | — | — | -£13,652,826 | -£17,505,771 | -28.2% | |
| Net profit | — | — | — | -£13,307,073 | -£17,067,271 | -28.3% | |
| Cash | £3,156,156 | £12,522,179 | £2,548,194 | £12,025,153 | £11,222,327 | -6.7% | |
| Total assets less current liabilities | — | — | — | £8,941,906 | £10,008,454 | +11.9% | |
| Net assets | — | — | — | £8,941,906 | £10,008,454 | +11.9% | |
| Equity | £1,555,450 | £9,911,835 | £2,453,259 | £11,234,611 | £10,008,454 | -10.9% | |
| Average employees | 3 | 3 | 3 | 6 | 18 | +200% | |
| Wages | — | — | — | £1,575,592 | £2,785,350 | +76.8% | |
| Directors' remuneration | — | — | — | £368,435 | £879,958 | +138.8% | |
| Directors' pension contributions | — | — | — | — | £26,466 | — | |
| Highest paid director | — | — | — | £368,435 | £856,565 | +132.5% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Return on capital employed | — | — | — | -153.3% | -174.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | 21.9% | |
| Current ratio | — | — | — | 4.98x | 4.57x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors have formed a judgement at the time of approving the financial statements that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason they have adopted the going concern basis in preparing financial statements.”
Significant events
- “During the year ended 31 December 2025, 2,962,500 growth shares of $0.0001 each, with a total nominal value of $296.25 were issued on 13th March 2025 and 15th December 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROCHE, Chelsea Jane | Secretary | 2021-02-26 | — | — |
| GAUDEN, David Edwards, Dr | Director | 2021-02-26 | Aug 1971 | British |
| PETIT, Cyrille Yann Nicolas | Director | 2021-02-26 | May 1970 | French |
| TEDOLDI, Fabio | Director | 2021-02-26 | Aug 1969 | Italian |
| VISMARA, Andrea | Director | 2024-11-26 | Jun 1965 | Italian |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLIS, Jonathan Leslie | Director | 2021-02-26 | 2022-02-07 |
| CANNER, David | Director | 2024-10-17 | 2025-09-17 |
| GINDER, Michael Joseph | Director | 2024-10-17 | 2025-09-18 |
| RENOLDI BRACCO, Fulvio | Director | 2022-02-07 | 2024-10-17 |
| SCAMPOLI, Andrea | Director | 2021-02-26 | 2024-10-17 |
| VISMARA, Andrea | Director | 2022-02-07 | 2024-10-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bracco Horizons Ltd | Corporate entity | Shares 50–75%, Voting 75–100%, Appoints directors | 2021-02-26 | Active |
Filing timeline
Last 20 of 66 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-24 RESOLUTIONS Resolution
- 2026-08-24 MA Memorandum articles
- 2025-12-27 RESOLUTIONS Resolution
- 2025-12-27 MA Memorandum articles
- 2025-07-17 RESOLUTIONS Resolution
- 2025-07-17 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-24 | AA | accounts | Accounts with accounts type full | |
| 2026-08-24 | RESOLUTIONS | resolution | Resolution | |
| 2026-08-24 | MA | incorporation | Memorandum articles | |
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-30 | SH03 | capital | Capital return purchase own shares | |
| 2025-12-29 | SH06 | capital | Capital cancellation shares | |
| 2025-12-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-27 | MA | incorporation | Memorandum articles | |
| 2025-12-21 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-12-21 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-12-21 | SH08 | capital | Capital name of class of shares | |
| 2025-12-21 | SH08 | capital | Capital name of class of shares | |
| 2025-12-18 | SH01 | capital | Capital allotment shares | |
| 2025-12-18 | SH01 | capital | Capital allotment shares | |
| 2025-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-17 | MA | incorporation | Memorandum articles | |
| 2025-07-08 | SH01 | capital | Capital allotment shares | |
| 2025-06-10 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 10
- 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.