UK Companies House feature
EXONATE LIMITED
Cash
£1M
-44.8% vs 2023
Net assets
-£6M
-40.8% vs 2023
Employees
9
-35.7% vs 2023
Profit before tax
-£2M
+42.1% vs 2023
Profile
- Company number
- 08803638
- Status
- Active
- Incorporation
- 2013-12-05
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 21100
- Hubs
- UK Healthcare
Net assets
7-year trend · vs UK Healthcare median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | -£2,960,606 | -£1,714,870 | |
| Net profit | — | — | — | — | — | -£2,555,638 | -£1,631,424 | |
| Cash | — | — | — | — | — | £2,009,453 | £1,108,416 | |
| Total assets less current liabilities | — | — | — | — | — | £2,199,587 | £738,701 | |
| Net assets | — | — | — | — | — | -£3,983,841 | -£5,609,374 | |
| Equity | -£1,827,299 | — | — | — | — | -£3,983,841 | -£5,609,374 | |
| Average employees | — | — | — | — | — | 14 | 9 | |
| Wages | — | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Ensors
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Company is dependent on securing future funding from investors or external parties in order to continue as a going concern. There is no certainty that such funding will be available. If not, the Directors expect that the Company may not have sufficient resources to continue its research and development activities for at least 12 months from the date of approval of these financial statements. However, the events and conditions described in Note 1.2 may cast significant doubt on the Company's ability to continue as a going concern.”
Significant events
- “On 1 September 2025 our auditors, Ensors Accountants LLP, merged with Azets Audit Services Limited. Accordingly Ensors Accountants LLP formally resigned as the company's auditors with the directors duly appointing Azets Audit Services Limited, trading as Ensors to fill the vacancy arising.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
7 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BATES, Phil | Director | 2026-03-05 | Nov 1966 | British |
| FAZELI, Mohammad Sohail | Director | 2018-11-08 | Jul 1964 | British |
| HASAN, Rafiq, Dr | Director | 2024-05-13 | May 1968 | British |
| KUREK, John | Director | 2016-11-18 | Feb 1967 | Australian |
| MINSHULL-BEECH, Catherine Susan, Dr | Director | 2014-01-30 | May 1957 | British |
| SHAH, Sunil Rajen | Director | 2014-06-10 | Jun 1973 | British |
| TORRANCE, Christopher John, Dr | Director | 2015-09-28 | Feb 1969 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| VENNING, Bruce Martyn, Dr | Secretary | 2013-12-05 | 2014-04-15 |
| BATES, David Owen, Professor | Director | 2013-12-05 | 2021-07-22 |
| HARPER, Steven James, Professor | Director | 2014-06-10 | 2026-02-13 |
| HILL, Adrian, Dr | Director | 2014-07-17 | 2016-05-04 |
| NAYLOR, Andrew James | Director | 2017-02-27 | 2022-11-07 |
| IP2IPO SERVICES LIMITED | Corporate Director | 2014-06-10 | 2015-10-16 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 74 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-10 | AP01 | officers | appoint person director company with name date |
| 2026-02-18 | TM01 | officers | termination director company with name termination date |
| 2026-01-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-12-31 | AA | accounts | accounts with accounts type full |
| 2024-12-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-04 | AA | accounts | accounts with accounts type full |
| 2024-05-15 | AP01 | officers | appoint person director company with name date |
| 2024-01-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-10-24 | AA | accounts | accounts with accounts type full |
| 2023-01-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-12-15 | AA | accounts | accounts with accounts type full |
| 2022-11-21 | SH01 | capital | capital allotment shares |
| 2022-11-14 | TM01 | officers | termination director company with name termination date |
| 2022-01-07 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-12-24 | AA | accounts | accounts with accounts type full |
| 2021-11-16 | SH01 | capital | capital allotment shares |
| 2021-10-29 | SH01 | capital | capital allotment shares |
| 2021-10-04 | TM01 | officers | termination director company with name termination date |
| 2021-06-02 | SH01 | capital | capital allotment shares |
| 2021-01-14 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-3.97
DISTRESS
Altman Z″
- Working capital / Total assets 0.603 × 6.56 = +3.96
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -1.051 × 6.72 = -7.06
- Book equity / Total liabilities -0.821 × 1.05 = -0.86
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory