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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-09-25 (in 4mo)

Last made up 2025-09-11

Watchouts

1 item

Cash

£13M

+69.6% vs 2024

Net assets

£885K

+69.2% vs 2024

Employees

27

+8% vs 2024

Profit before tax

£362K

+109.3% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £28,642,245£32,823,250
Operating profit -£4,172,566£117,281
Profit before tax -£3,910,218£362,203
Net profit -£3,910,218£362,203
Cash £7,512,328£12,742,258
Total assets less current liabilities £523,073£885,275
Net assets £523,073£885,275
Equity £523,072£885,275
Average employees 2527
Wages £1,599,298£1,559,063

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 2024-03-312025-03-31
Operating margin -14.6%0.4%
Net margin -13.7%1.1%
Return on capital employed -797.7%13.2%
Current ratio 1.02x1.04x

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 102
Reporting scope
Standalone (parent only)
Auditor
Crowe U.K. LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Trustees have prepared the accounts on a going concern basis. In making this assumption, the Trustees have considered forecasts of income, expenditure and cash flow over future periods and believe that the organisation has sufficient funds to continue its activities for the foreseeable future. In particular, they have incorporated into the forecasts additional funding of £33 million, which was confirmed by UK Research and Innovation (UKRI) in July 2025. This funding is intended to support the organisation's activities until 31 March 2027.”

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

People

10 active · 17 resigned

Name Role Appointed Born Nationality
CALLOW, Catherine Secretary 2025-09-17
BRUNDLE, Robin Charles Director 2025-04-24 Sep 1962 British
COWLEY, Steven Charles, Dr Director 2024-04-24 Oct 1959 British
GLADDEN, Lynn Faith, Professor Dame Director 2023-07-03 Jul 1961 British
KIRNER, Hanno Director 2022-02-11 Nov 1970 German
NEWMAN, Mark Christopher Director 2021-03-15 Apr 1974 British
O'REILLY, Rachel Kerry Director 2025-04-24 Jun 1977 British
SHELDON, Isobel Director 2021-03-15 Nov 1969 British
SRINIVASAN, Venkat, Dr Director 2023-07-03 Mar 1973 American
TAYLOR, Esther, Dr Director 2022-02-11 Jun 1972 British
Show 17 resigned officers
Name Role Appointed Resigned
PHILIP, Pramod Secretary 2017-12-14 2018-05-09
ROBERTSON, Susan Mary Secretary 2018-05-09 2025-09-17
BERGER, Stefan, Dr Director 2018-01-22 2020-03-25
CHAMBERLAIN, Jeffrey, Dr Director 2018-01-22 2022-03-14
DOCTER, Andreas, Dr Director 2020-03-16 2021-03-19
EDSTROM, Ester Kristina, Professor Director 2018-03-20 2023-11-22
GENTILI, Valentina, Dr Director 2025-04-24 2025-06-30
GREEN, Johney, Dr Director 2018-01-22 2022-03-14
HEIDARI-ROBINSON, Stephen Director 2017-10-10 2023-03-13
LITTLEWOOD, Peter Brent Director 2017-09-12 2024-12-31
MAXTON, Julie, Dr Director 2018-01-22 2021-03-15
NELSON, Alan Edwin, Dr Director 2018-01-22 2019-07-23
O'HARA, Cordelia Director 2021-03-15 2024-06-30
PIKUNIC, Jorge Pablo Director 2018-01-22 2025-11-10
SPEARING, Simon Mark, Professor Director 2018-01-22 2025-07-08
THOMAS, Pamela Anne, Professor Director 2017-09-12 2020-09-11
VAN TOL, Maurits, Dr Director 2020-07-06 2023-11-06

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Stephen Heidari-Robinson Individual Voting 25–50% 2018-01-12 Ceased 2018-01-22
Mr Peter Brent Littlewood Individual Voting 25–50% 2017-09-12 Ceased 2018-01-22
Professor Pamela Anne Thomas Individual Voting 25–50% 2017-09-12 Ceased 2018-01-22

Filing timeline

Last 20 of 76 total filings

Date Type Category Description
2025-12-18 AA accounts Accounts with accounts type full
2025-12-15 TM01 officers Termination director company with name termination date PDF
2025-09-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-17 AP03 officers Appoint person secretary company with name date PDF
2025-09-17 TM02 officers Termination secretary company with name termination date PDF
2025-07-08 TM01 officers Termination director company with name termination date PDF
2025-07-01 TM01 officers Termination director company with name termination date PDF
2025-04-30 AP01 officers Appoint person director company with name date PDF
2025-04-28 AP01 officers Appoint person director company with name date PDF
2025-04-28 AP01 officers Appoint person director company with name date PDF
2025-01-06 TM01 officers Termination director company with name termination date PDF
2024-12-19 AA accounts Accounts with accounts type full
2024-10-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-02 TM01 officers Termination director company with name termination date PDF
2024-05-09 AP01 officers Appoint person director company with name date PDF
2024-02-12 CH01 officers Change person director company with change date PDF
2023-12-29 AA accounts Accounts with accounts type full
2023-11-27 TM01 officers Termination director company with name termination date PDF
2023-11-14 TM01 officers Termination director company with name termination date PDF
2023-10-12 CS01 confirmation-statement Confirmation statement with no updates PDF

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
1

last 12 months

Officers resigned
4

last 12 months

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

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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