Biophilica Ltd

Biophilica Ltd is a small, active company based in London, UK, founded five years ago in 2019. With six employees and £218,144 in assets, it operates from a real address and is led by two directors and one owner. The company runs an e-commerce site and is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances—parts were imported two months ago.

The company describes itself as a London-based biotechnology company creating 100 biobased material solutions for various industries, including fashion, footwear, and automotive. Its website showcases two key products: Treekind, a biobased leather alternative, and Brightbond, a biobased adhesive. It also highlights collaborations with well-known brands and emphasizes its commitment to sustainability, aligning with several UN Sustainable Development Goals.

Financially, Biophilica Ltd’s recent reports present a mixed picture. While cash reserves dropped significantly—a 89% decrease to £84,000—trade debtors increased dramatically, rising by 310% to £34,000. Creditors also decreased by 33%, suggesting improved debt management. Net current assets and liabilities have decreased by 79%, which is a big change. The company’s small size (meeting two of three conditions for being considered small) helps it remain flexible, but the sharp decline in equity—a 150% increase to -£1.2 million—raises concerns about its financial stability. No auditor is mentioned, which is common for small companies.

The company’s focus on biobased materials and sustainability seems to be gaining traction, as evidenced by its website and collaborations. However, the financial data suggests that Biophilica Ltd is burning through cash and needs to address its equity situation to ensure long-term viability.

Registered in England/Wales under the registration number 12309409, with a registered address at SW17 0JH, England, London, Unit 15, Falcon Court, 11-13 St. Martin's Way.

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