Abcellera Uk Ltd

Abcellera Uk Ltd is a small holding company based in London, UK, with an active status. Founded three years ago in August 2021, it employs just four people and holds £3,412,004 in assets. The company operates from a virtual address, registered at 10 John Street, which is shared by 374 other companies, and is overseen by five directors and one owner. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with the last import activity recorded two months ago in July 2023.

The company's website reveals a focus on biotechnology research and development, specifically antibody-based medicines. Abcellera is actively developing programs targeting various diseases, including menopause-related vasomotor symptoms (VMS) and atopic dermatitis (AD). The website details two ongoing clinical trials, one for ABCL635 targeting NK3R and another for ABCL575 targeting OX40L. It also highlights the company’s platform for target to clinic development, emphasizing its commitment to people, teams, and relationships. The site even features employee testimonials, showcasing a positive and collaborative work environment.

Financially, Abcellera Uk Ltd’s figures present a mixed picture. While the company’s net assets are substantial at £3,412,004, the number of employees has increased by 75% to seven, and bank borrowings have increased. Cash reserves fell by a significant 75% to £850,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves warrants attention. The accounts are audited, and the company is overseen by Oury Clark Chartered Accountants. Despite the lack of a senior statutory auditor, the company’s focus on innovation and its strong pipeline of drug candidates suggest a promising future, even if it’s currently burning through cash to fuel its research and development efforts.

Registered in England/Wales under the registration number 13548013, with a registered address at WC1N 2EB, United Kingdom, London, 10 John Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.