Biovault Scientific Limited

Biovault Scientific Ltd, based in Plymouth, UK, is a small, active company founded twelve years ago. With four employees and £823,886 in assets, it operates from a real address and is overseen by five directors and one owner. The company boasts a perfect 5.0 Google rating based on two reviews. It’s an irregular importer, primarily dealing in miscellaneous chemical products, with its last import operation occurring one month ago.

The company’s website, while not providing direct e-commerce functionality, highlights its focus on medical laboratory services. It appears to be involved in the preservation of human biological material, offering services like stem cell banking and cryopreservation. The website emphasizes scientific rigor and ethical practices, targeting individuals and families seeking long-term storage solutions. It’s a niche market, requiring specialized equipment and expertise.

Financially, Biovault Scientific Ltd presents a mixed picture. While current assets increased by 20% to £820,000, net assets decreased by 11% to £1,200,000. Cash bank on hand fell 18% to £11,000, while creditors surged 200% to £36,000. A significant increase in current asset investments, jumping to £400,000, suggests a strategic allocation of funds—perhaps into research or new equipment. Trade debtors decreased by 39%, which is good, suggesting better cashflow management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decrease in equity raises questions about its long-term sustainability. The lack of an auditor mentioned indicates it’s likely exempt from an audit as a small company.

Overall, Biovault Scientific Ltd seems to be navigating a challenging environment. Its specialized services and strong Google rating suggest a loyal customer base, but the financial data reveals a need for careful management and potentially, a shift in strategy to ensure long-term viability.

Registered in England/Wales under the registration number 08203208, with a registered address at PL6 5XP, Plymouth, Devon, 24 Brest Road.

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