CELLULAR HIGHWAYS LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-03-31
Confirmation statement due
2027-01-29 (in 8mo)
Last made up 2026-01-15
Watchouts
Cash
—
Latest balance sheet
Net assets
-£11M
-57.8% vs 2023
Employees
16
+14.3% vs 2023
Profit before tax
-£4M
-69.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Turnover | — | £148,000 | |
| Operating profit | -£2,295,000 | -£3,907,000 | |
| Profit before tax | -£2,343,000 | -£3,977,000 | |
| Net profit | -£2,317,000 | -£3,977,000 | |
| Cash | — | — | |
| Total assets less current liabilities | -£6,882,000 | -£10,859,000 | |
| Net assets | -£6,882,000 | -£10,859,000 | |
| Equity | -£6,882,000 | -£10,859,000 | |
| Average employees | 14 | 16 | |
| Wages | £744,000 | £1,061,000 |
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 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Operating margin | — | -2639.9% | |
| Net margin | — | -2687.2% | |
| Return on capital employed | 33.3% | 36.0% | |
| Current ratio | 0.04x | 0.06x | |
| Interest cover | -47.81x | -81.40x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors of the company concur with the Group assessment. Accordingly, these accounts are prepared on a going concern basis.”
Significant events
- “During the year the company completed the development of the Highway1 and successfully launched the product at the start of 2024. Customer feedback from the initial sites is positive and confirms the market demand for the high-speed, gentle cell sorting that the company's VACS™™ technology can perform.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EAVES, Allen Charles | Director | 2025-05-31 | Feb 1941 | Canadian |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HADDOW, Keith Alexander | Secretary | 2018-01-16 | 2023-10-17 |
| CARMICHAEL, Allan, Dr | Director | 2019-04-25 | 2022-06-29 |
| CARR, Matthew John | Director | 2019-02-15 | 2025-05-31 |
| DAY, Simon Christopher | Director | 2023-12-20 | 2025-05-31 |
| HADDOW, Keith Alexander | Director | 2018-01-16 | 2023-10-17 |
| HYDE, Samuel Charles William, Dr | Director | 2023-10-17 | 2023-10-17 |
| JONES, Alexander Graham, Dr | Director | 2023-08-22 | 2026-01-29 |
| ROGERS, Salman Samson, Dr | Director | 2019-02-15 | 2025-04-14 |
| WITHERS, Michael John | Director | 2019-04-25 | 2020-01-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Stemcell Technologies Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-05-31 | Active |
| Ttp Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-01-16 | Ceased 2025-05-31 |
Filing timeline
Last 20 of 61 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-27 MA Memorandum articles
- 2026-03-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | MA | incorporation | Memorandum articles | |
| 2026-03-27 | RESOLUTIONS | resolution | Resolution | |
| 2026-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-03 | AA01 | accounts | Change account reference date company current extended | |
| 2025-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-06-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-19 | AA | accounts | Accounts with accounts type full | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | AA | accounts | Accounts with accounts type full | |
| 2024-01-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
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 2024-03-31 vs 2023-03-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
-57.8%
-£6,882,000 -£10,859,000
-
Employees
+14.3%
14 16
-
Operating profit
-70.2%
-£2,295,000 -£3,907,000
-
Profit before tax
-69.7%
-£2,343,000 -£3,977,000
-
Wages
+42.6%
£744,000 £1,061,000
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