ALMAC DISCOVERY LIMITED
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Cash
£26
0% vs 2024
Net assets
-£69M
-18.7% lowest in 3 filed years
Employees
48
0% vs 2024
Profit before tax
-£15M
+3.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £351,437 | £150,142 | £769,820 | +412.7% | |
| Operating profit | -£11,142,104 | -£10,908,350 | -£10,674,208 | +2.1% | |
| Profit before tax | -£14,040,452 | -£15,096,162 | -£14,569,826 | +3.5% | |
| Net profit | -£10,918,023 | -£11,311,719 | -£10,919,061 | +3.5% | |
| Cash | £26 | £26 | £26 | 0% | |
| Total assets less current liabilities | -£46,105,055 | -£57,454,377 | -£68,444,348 | -19.1% | |
| Net assets | -£47,194,685 | -£58,506,404 | -£69,425,465 | -18.7% | |
| Equity | — | — | -£69,425,465 | — | |
| Average employees | 48 | 48 | 48 | 0% | |
| Wages | £2,924,657 | £2,839,051 | £3,012,214 | +6.1% | |
| Directors' remuneration | — | — | — | — |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 711.1% | 660.3% | — | |
| Current ratio | 0.08x | 0.10x | 0.08x | |
| Interest cover | -3.84x | -2.60x | -2.37x |
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 2 times since incorporation
- ALMAC DISCOVERY LIMITED 2004-11-12 → present
- NIPRI LIMITED 2003-06-18 → 2004-11-12
- L&B (NO40) LIMITED 2003-04-17 → 2003-06-18
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers (Northern Ireland) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the company has access to adequate financial and other resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WAIDE, Ivan | Secretary | 2023-01-09 | — | — |
| ARMSTRONG, Alan David | Director | 2003-06-12 | Nov 1958 | Northern Irish |
| BARR, Stephen Alexander | Director | 2008-01-23 | Aug 1966 | British |
| HARKIN, Niall Patrick | Director | 2019-08-01 | May 1972 | British |
| MCBURNEY, Graeme Thomas | Director | 2022-10-01 | Aug 1969 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAYBURN, Colin | Secretary | 2016-06-06 | 2023-01-01 |
| HAYBURN, Colin | Secretary | 2008-01-23 | 2012-01-01 |
| RAFFERTY, Áine | Secretary | 2012-01-01 | 2016-06-06 |
| STEVENSON, Heather | Secretary | 2003-04-17 | 2008-01-23 |
| CAMPBELL, Stephen | Director | 2003-06-12 | 2024-04-30 |
| HAYBURN, Colin | Director | 2008-01-23 | 2023-01-01 |
| IRVINE, John Walter | Director | 2004-09-06 | 2004-09-06 |
| IRVINE, John Walter | Director | 2003-04-17 | 2016-08-22 |
| MCBRIDE, Paul | Director | 2003-04-17 | 2003-06-12 |
| MCCLAY, Allen James, Dr | Director | 2003-06-12 | 2010-01-12 |
| MILLIKEN, Richard Alexander | Director | 2003-06-12 | 2009-04-06 |
| STEPHENS, Kevin | Director | 2012-01-01 | 2020-01-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Almac Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 93 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-29 | AA | accounts | Accounts with accounts type full | |
| 2026-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-17 | CH01 | officers | Change person director company with change date | |
| 2025-06-02 | AA | accounts | Accounts with accounts type full | |
| 2025-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-04 | AA | accounts | Accounts with accounts type full | |
| 2024-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-27 | AA | accounts | Accounts with accounts type full | |
| 2023-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-11 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-23 | AA | accounts | Accounts with accounts type full | |
| 2022-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-17 | AA | accounts | Accounts with accounts type full | |
| 2021-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-23 | AA | accounts | Accounts with accounts type full | |
| 2020-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- 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.