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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-24 (in 2mo)

Last made up 2025-07-10

Watchouts

None on the register

Cash

£44K

+1,718.6% vs 2023

Net assets

-£21M

+7.5% vs 2023

Employees

1

0% vs 2023

Profit before tax

£2M

+0.3% vs 2023

Name history

Renamed 1 time since incorporation

  1. LIPOXEN TECHNOLOGIES LIMITED 2000-06-15 → present
  2. LIPOXEN LIMITED 1997-07-10 → 2000-06-15

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £1,882,865£1,853,436
Operating profit £1,731,333£1,736,845
Profit before tax £1,731,333£1,736,845
Net profit £1,731,333£1,736,845
Cash £2,428£44,155
Total assets less current liabilities -£23,184,732-£21,447,887
Net assets -£23,184,732-£21,447,887
Equity -£23,184,732-£21,447,887
Average employees 11
Wages £33,224£34,165

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

Ratios

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

Ratio Trend 2023-12-312024-12-31
Operating margin 92.0%93.7%
Net margin 92.0%93.7%
Return on capital employed -7.5%-8.1%
Current ratio 0.00x0.00x

Margins divide P&L lines by turnover. 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
F. W. Smith, Riches & Co.
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“As a wholly owned-subsidiary of its US-listed parent company, Xenetic Biosciences, Inc (XBIO), the Company ultimately depends upon the Group for funding. Consequently, the directors have received a letter of comfort from XBIO confirming XBIO's intention to provide such level of financial support to the Company for a period of at least 12 months from the date of this Report such that the Company will be able to meet its obligations as they fall due.”

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

People

3 active · 23 resigned

Name Role Appointed Born Nationality
HILL, Colin William Secretary 2014-11-01
HILL, Colin William Director 2011-09-22 Jun 1945 British
PARSLOW, James Director 2018-02-16 Feb 1965 American
Show 23 resigned officers
Name Role Appointed Resigned
LONERGAN, Denis Cornel Secretary 1997-07-10 2001-10-31
MARCUS, Bradley Secretary 2008-10-30 2014-11-01
SAMUEL, Evan James Secretary 2001-11-01 2002-12-09
ZHURAVSKAYA, Tatiana, Dr Secretary 2005-07-01 2008-10-30
LUDGATE SECRETARIAL SERVICES LTD Corporate Secretary 2003-01-13 2005-07-01
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1997-07-10 1997-07-10
AXE, Julian Colin, Dr Director 2000-05-01 2003-07-22
CAMBRIDGE, Allan Charles Director 2002-11-05 2004-03-19
CHRISTIE, George Allan Gourlay Director 1998-12-09 2001-12-08
EPENETOS, Agamemnon Antoniou, Dr Director 1999-12-14 2005-02-04
GENKIN, Dimitry Director 2001-04-10 2014-05-01
GREGORIADIS, Gregory Director 1997-07-10 2014-01-28
HENTSCHEL, Christopher Clive, Dr Director 2000-05-21 2005-09-30
LAING, Peter Director 2006-11-01 2009-12-21
MACONOCHIE, Stuart Ramsay Director 2005-06-30 2010-04-20
MAGUIRE, Michael Scott Director 2004-04-19 2018-10-31
PAPADOPOULOS, Themis Director 1998-11-02 2005-10-04
PEARL, Howard George Director 2000-10-10 2001-10-01
RICHARDS, Brian Mansel, Sir Director 2005-06-30 2014-04-28
TIVENAN, Andrew Simon Director 2001-06-18 2003-02-28
VOLODIN, Igor Director 2004-10-26 2007-01-15
ZHEREBTSOV, Andrey Director 2002-11-07 2003-07-22
ZHURAVSKAYA, Tatiana, Dr Director 2002-11-07 2010-04-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Xenetic Biosciences (Uk) Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 173 total filings

Date Type Category Description
2025-10-01 AA accounts Accounts with accounts type full
2025-08-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-20 CH01 officers Change person director company with change date PDF
2024-09-27 AA accounts Accounts with accounts type full
2024-07-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-06 AA accounts Accounts with accounts type full
2023-07-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-05 AA accounts Accounts with accounts type full
2022-08-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-07 AA accounts Accounts with accounts type full
2021-07-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-13 AA accounts Accounts with accounts type full
2020-07-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-10-08 AA accounts Accounts with accounts type full
2019-09-26 TM01 officers Termination director company with name termination date PDF
2019-07-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2018-10-06 AA accounts Accounts with accounts type full
2018-08-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2018-02-19 AP01 officers Appoint person director company with name date PDF
2018-01-09 DISS40 gazette Gazette filings brought up to date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page