Biovault Technical Limited

Biovault Technical Ltd, based in Plymouth, UK, is a small, holding company with an active status. Founded twelve years ago in 2012, it employs six people and holds £715,678 in assets. The company has a real registered address and is overseen by six directors, with one owner. It boasts a stellar 5.0 Google rating based on two reviews and regularly imports miscellaneous chemical products, with the last import operation occurring in October 2024.

The company's website highlights its focus on stem cell and tissue bioresource management, aiming to "enhance lives today, opening possibilities for tomorrow." It offers services including cellular therapy processing, biobanking, allograft support, and consultancy, catering to both the NHS and private clinics. The site also features a virtual tour of its facility, showcasing its expertise and accreditation by organizations like the HTA, JACIE, and MHRA. It's clear Biovault is positioning itself as a leader in a specialized, high-value sector.

Financially, Biovault Technical Ltd presents a mixed picture. Cash reserves have dramatically increased by 170%, reaching £340,000, a positive sign of improved liquidity. However, creditors have decreased significantly, dropping 100% to zero, which could indicate a need for reinvestment or a temporary lull in operations. Net assets have improved dramatically, rising 130% to £110,000. Debtors have increased slightly, by 7.8%, and future minimum lease payments have increased by a substantial amount, suggesting expansion or new commitments. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it's exempt from an audit, and the financial statements are unaudited.

Overall, Biovault appears to be financially healthier than it was previously, but the significant increase in lease payments warrants a closer look. The company’s focus on a niche, specialized service—stem cell and tissue bioresource management—suggests a business model that, while demanding, can be very profitable.

Registered in England/Wales under the registration number 08323531, 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.