Base Life Science Limited

Base Life Science Ltd, located in London, UK, is a large, active company founded three years ago. Despite having just ten employees and a virtual address (shared by 1709 other companies), it's considered a large company, meeting two of three conditions: turnover exceeding £36 million and a balance sheet total surpassing £18 million. The company is led by one director, though no owners are officially listed. Base Life Science operates as an irregular importer and exporter of electrical machinery and equipment, with recent activity recorded in January 2025.

The company's website, though not fully detailed, indicates a focus on technology, product, and service consultancy within the life science sector. It appears to offer specialized expertise, though the extent of its e-commerce presence is unclear.

Financially, Base Life Science Ltd presents a mixed picture. While cash bank holdings increased by 48% to £92,000, net assets experienced a significant decline of 28%, settling at £570,000. Turnover has plummeted, resulting in a substantial loss of £230,000 compared to a profit of £650,000 the previous year. Trade debtors have also seen a dramatic decrease, falling by 91% to just £19,000. Creditors, however, have risen by 120% to £280,000. The company's average number of employees has doubled to 20, which could be contributing to the increased expenses. The company’s auditors, Hardwickes, signed off on the accounts, though they are unaudited. The decrease in equity suggests the company may be burning through cash, though the increase in cash bank holdings indicates some recent inflows. The company's reliance on current financial instruments seems to be a key factor in its financial position, with significant fluctuations in amounts owed by and to various entities.

Registered in England/Wales under the registration number 13607673, with a registered address at E1W 9US, United Kingdom, London, 2 Leman Street.

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