Avatrial Ltd

Avatrial Ltd, based in Cambridge, UK, is a small, active company founded five years ago in 2019. With three employees and £268,048 in assets, it's a solo-founded operation led by a single director and owner. The company operates from a real address within a business centre, sharing space with five other businesses. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—with just one month of import activity recorded as of March 2023.

Avatrial’s website reveals a focus on cancer drug discovery. The company's mission is to accelerate the development of more effective, personalized cancer treatments through a unique combination of expertise, capability, and access. It’s built a technology platform leveraging multi-dimensional data and machine learning to identify new biomarkers and therapeutic targets. The website highlights partnerships with healthcare providers and technology providers, and even mentions a showroom in Harrods.

Financially, Avatrial Ltd shows a mixed bag. While current assets increased by 29% to £270,000, equity plummeted 650% to -£550,000—a significant drop. Bank borrowings remained steady at £6,000, but cash reserves also increased to £220,000. Trade debtors increased by 110% to £49,000, suggesting potential issues with customer payments. 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 remain flexible, but the substantial equity decline raises questions about its long-term sustainability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Avatrial Ltd appears to be a research-focused company with a high-tech approach to cancer drug discovery. However, the financial data suggests it's burning through cash, and its future success hinges on securing funding and partnerships to support its ambitious goals.

Registered in England/Wales under the registration number 12362882, with a registered address at CB2 3QJ, United Kingdom, Cambridge, Future Business Centre Guildhall, Market Square.

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