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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-04 (in 2mo)

Last made up 2025-06-20

Watchouts

None on the register

Cash

£135K

-28.9% vs 2023

Net assets

-£87M

-21.7% vs 2023

Employees

65

-27.8% vs 2023

Profit before tax

-£19M

+19.8% vs 2023

Name history

Renamed 1 time since incorporation

  1. BENEVOLENTAI CAMBRIDGE LIMITED 2018-02-22 → present
  2. PROXIMAGEN LIMITED 2003-11-26 → 2018-02-22

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £1,939,000£2,641,000
Operating profit -£23,126,000-£18,400,000
Profit before tax -£23,197,000-£18,604,000
Net profit -£20,133,000-£15,743,000
Cash £190,000£135,000
Total assets less current liabilities -£68,625,000-£85,936,000
Net assets -£71,168,000-£86,620,000
Equity -£71,168,000-£86,620,000
Average employees 9065
Wages £5,707,000£4,455,000

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 -1192.7%-696.7%
Net margin -1038.3%-596.1%
Return on capital employed 33.7%21.4%
Gearing (liabilities / total assets) 855.7%2984.4%
Current ratio 0.05x0.03x
Interest cover -308.35x-86.79x

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
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company has obtained a letter of support from its immediate parent company BenevolentAl Limited confirming that it has no intention to seek repayment for the balance owed to the Group and will continue to make available funds as needed by the Company for at least twelve months from the date of approval of these financial statements.”

Significant events

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

People

3 active · 21 resigned

Name Role Appointed Born Nationality
WATERSTONE COMPANY SECRETARIES LTD Corporate Secretary 2018-02-22
HUNTER, James Director 2026-03-20 Jan 1967 British
MULVANY, Kenneth Patrick Director 2026-03-10 Jan 1968 British
Show 21 resigned officers
Name Role Appointed Resigned
HUNTER, James Douglas Secretary 2009-02-17 2012-08-14
WHITTLE, Nigel, Dr Secretary 2004-09-01 2009-02-17
WCPHD SECRETARIES LIMITED Corporate Secretary 2003-11-26 2004-03-02
BRENNAN, Michael James Director 2025-01-14 2026-03-19
BRENNAN, Michael James Director 2019-05-29 2021-03-12
CAMPBELL, David Bruce, Dr Director 2004-09-01 2010-01-29
CHURCHER, Ian, Dr Director 2018-02-21 2019-01-03
EVENSTAD, Mark Bradford Director 2012-08-14 2018-02-21
FIELD IV, Benjamin Rush Director 2015-04-16 2018-02-21
GRIFFIN, Ivan Director 2019-05-29 2026-03-25
HOLGATE, Tom Joseph Charles Director 2018-02-21 2025-02-07
HUNTER, James Douglas Director 2008-05-19 2012-08-14
JENNER, Peter George, Professor Director 2004-03-02 2010-01-29
MARTINSON, Chad J., Mr. Director 2015-01-01 2018-02-21
MULVANY, Kenneth Patrick Director 2004-04-13 2012-08-14
MURLEWSKI, George David Director 2003-11-26 2005-12-31
PHELAN, Anne Director 2019-01-03 2024-12-11
PULLMAN, William Earnest, Dr. Director 2013-05-01 2018-02-21
ROBINSON, Stephen Michael Director 2013-05-01 2014-12-15
SHIELDS, Joanna Director 2019-05-29 2023-09-21
WHITTLE, Nigel, Dr Director 2004-03-02 2009-02-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Benevolentai Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2018-02-21 Active
Proximagen Group Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2018-02-21

Filing timeline

Last 20 of 153 total filings

Date Type Category Description
2026-04-01 TM01 officers Termination director company with name termination date PDF
2026-03-25 AP01 officers Appoint person director company with name date PDF
2026-03-23 TM01 officers Termination director company with name termination date PDF
2026-03-12 AP01 officers Appoint person director company with name date PDF
2025-10-08 CH01 officers Change person director company with change date PDF
2025-10-02 AA accounts Accounts with accounts type full
2025-06-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-07 TM01 officers Termination director company with name termination date PDF
2025-01-16 AP01 officers Appoint person director company with name date PDF
2024-12-11 TM01 officers Termination director company with name termination date PDF
2024-10-01 AA accounts Accounts with accounts type full
2024-07-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-04 TM01 officers Termination director company with name termination date PDF
2023-09-29 AA accounts Accounts with accounts type full
2023-08-03 CH04 officers Change corporate secretary company with change date PDF
2023-06-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-14 AA accounts Accounts with accounts type full
2021-12-01 CH04 officers Change corporate secretary company with change date PDF
2021-09-13 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

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