ARECOR LIMITED
Get an alert when ARECOR LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-05 (in 1mo)
Last made up 2025-05-22
Watchouts
Cash
£303K
-60.7% vs 2023
Net assets
-£17M
-34.9% vs 2023
Employees
39
-4.9% vs 2023
Profit before tax
-£4M
+28.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
material uncertainties therefore exist which may cast significant doubt on its ability to continue as a going concern.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,631,000 | £1,643,000 | |
| Operating profit | -£5,286,000 | -£3,120,000 | |
| Profit before tax | -£6,134,000 | -£4,378,000 | |
| Net profit | -£5,830,000 | -£4,448,000 | |
| Cash | £771,000 | £303,000 | |
| Total assets less current liabilities | £1,395,000 | £1,724,000 | |
| Net assets | -£12,304,000 | -£16,596,000 | |
| Equity | -£12,304,000 | -£16,596,000 | |
| Average employees | 41 | 39 | |
| Wages | £2,235,000 | £2,120,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -324.1% | -189.9% | |
| Net margin | -357.4% | -270.7% | |
| Return on capital employed | -378.9% | -181.0% | |
| Gearing (liabilities / total assets) | 480.9% | 748.5% | |
| Current ratio | 1.37x | 2.48x | |
| Interest cover | -6.18x | -2.47x |
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
- FRS 101 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“material uncertainties therefore exist which may cast significant doubt on its ability to continue as a going concern.”
Significant events
- “In the second half of 2024, the Group raised £5.8 million in net proceeds from issuances of shares.”
- “The positive advancements within our diabetes portfolio support our confidence in the potential of AT278 to generate significant value creation for the Company and shareholders.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELLAM, David John | Director | 2025-03-24 | Oct 1963 | British |
| HOWELL, Sarah Jennifer, Dr. | Director | 2011-10-26 | Oct 1975 | British |
| JEZEK, Jan, Dr | Director | 2024-07-17 | Nov 1971 | Czech |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUNT, Lisa Jane | Secretary | 2007-05-23 | 2007-07-23 |
| LOWTHER, Susan Day | Secretary | 2019-04-01 | 2024-07-17 |
| VINCENT SYKES & HIGHAM LLP | Corporate Secretary | 2007-07-23 | 2019-04-01 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 2007-05-23 | 2007-05-23 |
| CRAWFORD, Alexander Mervyn Colville | Director | 2018-10-01 | 2021-05-25 |
| CURNOCK COOK, Jeremy Laurence | Director | 2018-10-01 | 2021-05-25 |
| DAVIES, John Richard | Director | 2007-05-23 | 2007-09-07 |
| DAVIS, Paul James, Professor | Director | 2007-08-23 | 2009-07-24 |
| DAY LOWTHER, Susan | Director | 2019-03-04 | 2024-07-17 |
| FAZELI, Mohammad Sohail | Director | 2017-09-01 | 2021-06-21 |
| FREELANCE, Ian | Director | 2016-07-02 | 2018-09-17 |
| KLOOSTERMAN, Marcel, Dr | Director | 2013-02-20 | 2016-07-01 |
| LANE, Andrew Henry | Director | 2007-08-23 | 2021-05-25 |
| RICHARDS, Andrew John Mcglashan, Dr | Director | 2008-09-11 | 2021-06-21 |
| SAYLOR, Thomas Reese | Director | 2007-06-28 | 2018-09-04 |
| SMITH, Alan, Dr | Director | 2008-04-11 | 2021-06-21 |
| WHITELEY, Angus Oliver | Director | 2007-08-23 | 2012-12-19 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 2007-05-23 | 2007-05-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Arecor Therapeutics Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-07-23 | Active |
| Unilever Uk Holdings Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-09-09 |
Filing timeline
Last 20 of 176 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-08-31 MA Memorandum articles
- 2021-08-31 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-07 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-11 | AA | accounts | Accounts with accounts type full | |
| 2024-07-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-23 | AA | accounts | Accounts with accounts type full | |
| 2023-05-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-14 | AA | accounts | Accounts with accounts type full | |
| 2022-05-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-08-31 | MA | incorporation | Memorandum articles | |
| 2021-08-31 | RESOLUTIONS | resolution | Resolution | |
| 2021-08-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-08-09 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2021-06-21 | TM01 | officers | Termination director company with name termination date | |
| 2021-06-21 | TM01 | officers | Termination director company with name termination date |
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+0.7%
£1,631,000 £1,643,000
-
Cash
-60.7%
£771,000 £303,000
-
Net assets
-34.9%
-£12,304,000 -£16,596,000
-
Employees
-4.9%
41 39
-
Operating profit
+41%
-£5,286,000 -£3,120,000
-
Profit before tax
+28.6%
-£6,134,000 -£4,378,000
-
Wages
-5.1%
£2,235,000 £2,120,000
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