CORSHAM SCIENCE LIMITED
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Next accounts due
2026-03-31
Overdue
Confirmation statement due
2026-08-19 (in 3mo)
Last made up 2025-08-05
Watchouts
Cash
£131K
+7.2% vs 2022
Net assets
-£282K
+80.4% vs 2022
Employees
22
-15.4% vs 2022
Profit before tax
£1M
+187.3% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-31.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2023-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Turnover | £2,165,834 | £3,745,549 | |
| Operating profit | -£1,024,591 | £1,409,870 | |
| Profit before tax | -£1,319,172 | £1,151,814 | |
| Net profit | -£1,248,587 | £1,157,216 | |
| Cash | £122,476 | £131,264 | |
| Total assets less current liabilities | -£1,437,815 | -£286,001 | |
| Net assets | -£1,439,455 | -£282,239 | |
| Equity | -£1,439,455 | -£282,239 | |
| Average employees | 26 | 22 | |
| Wages | £1,169,104 | £1,206,862 |
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 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating margin | -47.3% | 37.6% | |
| Net margin | -57.6% | 30.9% | |
| Return on capital employed | 71.3% | -493.0% | |
| Gearing (liabilities / total assets) | 154.4% | 106.8% | |
| Current ratio | 0.62x | 0.92x | |
| Interest cover | -10.42x | 5.07x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing Going Concern the directors have given thought to uncertainty around the economy and inflation as well as the change in the ownership of the Group. The directors are of the view that the Group is likely to have sufficient cash flow from operations to meet its liabilities as they fall due. Additionally, the ICON Group has provided written confirmation to support the entity to meets its liabilities as it falls due for at least 12 months from date of approval of the financial statements.”
Significant events
- “The Qualasept Holdings Limited Group, including Corsham Science Limited, was purchased by Integrated Clinical Oncology Network Pty Ltd (ICON Group) in August 2024, which operates integrated cancer care centres throughout Australia, South East Asia and the UK.”
- “The research and development arm of Microgenetics Limited, held in Corsham Science Limited, was closed when the Microgenetics business ceased trading in March 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MIDDLETON, Mark Geoffrey | Director | 2025-02-01 | Jul 1973 | Australian |
| MUIR, Ian Stuart | Director | 2022-04-05 | Jan 1966 | British |
| ROBINSON, Andrew, Mr. | Director | 2023-08-01 | Aug 1972 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FOUNTAIN, Christopher James | Director | 2018-04-18 | 2022-03-31 |
| SLADE, David, Mr. | Director | 2024-08-01 | 2025-02-01 |
| WATT, Christopher Dean | Director | 2018-04-18 | 2024-08-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Qualasept Pharmaxo Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-04-18 | Active |
Filing timeline
Last 20 of 33 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-07 RESOLUTIONS Resolution
- 2025-02-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-07 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-07 | MA | incorporation | Memorandum articles | |
| 2025-02-06 | AA | accounts | Accounts with accounts type full | |
| 2024-10-23 | AA01 | accounts | Change account reference date company current extended | |
| 2024-08-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-02 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+72.9%
£2,165,834 £3,745,549
-
Cash
+7.2%
£122,476 £131,264
-
Net assets
+80.4%
-£1,439,455 -£282,239
-
Employees
-15.4%
26 22
-
Operating profit
+237.6%
-£1,024,591 £1,409,870
-
Profit before tax
+187.3%
-£1,319,172 £1,151,814
-
Wages
+3.2%
£1,169,104 £1,206,862
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