Apis Assay Technologies Ltd.

Apis Assay Technologies Ltd, based in Manchester, UK, is a holding company with an active status, established six years ago in September 2018. The company employs 84 people and holds assets valued at £15,006,906. It has five directors and two owners, and operates from a real address at M13 9NQ, Manchester. The business regularly imports and exports miscellaneous chemical products, with 26 months of import activity and 7 months of export activity recorded, the last being September 01, 2024.

The company’s website highlights its focus on designing, manufacturing, and selling innovative DrugLinked biomarker assays to improve patient outcomes. Apis Assay Technologies specializes in oncology and pharmacogenomics, leveraging systems biology and innovative Clickmer ligand binding technology. The company offers a range of products, including kits for breast cancer subtyping, ESR1 mutation detection, and DPYD allele identification. It also provides contract IVD development services and bioinformatics software development. The website also mentions webinars and events showcasing their latest technologies and solutions.

Financially, Apis Assay Technologies Ltd demonstrates some concerning trends. While interest income increased by a significant 340%, net losses deepened to -£7.1 million. Cash reserves fell by 47% to £7.8 million, and bank borrowings surged, indicating a potential need for external funding. Trade debtors increased by 890%, suggesting challenges in collecting payments. However, creditors decreased by 18%, which could indicate better management of short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. No auditor is mentioned, likely due to the company’s size, meaning the figures are unaudited.

Registered in England/Wales under the registration number 11563620, with a registered address at M13 9NQ, Manchester, Greater Manchester, Second Floor Citylabs 1.0, Nelson Street.

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