Blue Earth Diagnostics Limited

Blue Earth Diagnostics Ltd from Oxford UK is a large company, operating as a holding company with an active status. Founded eleven years ago in 2013, it employs forty-four people and holds assets totaling £12,920,659. The company has a real address, is managed by six directors, and is owned by Bracco Horizons Ltd. It's an irregular importer, with its top import category being plastics and plastic products, totaling one month of imports, with the last operation conducted on November 01, 2024.

The company operates in the research and experimental development on biotechnology industries. Officially, it has one owner or PSCs, six directors, and forty four employees. It’s a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250. The company’s registered address is OX4 4GA, United Kingdom, Oxford, Magdalen Centre, The Oxford Science Park.

Financially, Blue Earth Diagnostics Ltd is showing some concerning trends. Cash bank on hand has plummeted a staggering 93%, dropping to just £560,000. Current assets have also seen a dramatic decline, falling 85% to £13 million. This sharp decrease in liquid assets, combined with a significant rise in impairment losses for intangible assets (a 63% increase), suggests the company may be burning through cash at an alarming rate. While creditors have decreased by 23%, this may be a short-term effect and doesn't fully offset the negative cash flow. The company's net assets have also fallen significantly, dropping 88% to £11 million. It's worth noting that bank borrowings increased by 4.7%. The company’s auditor is Azets Audit Services.

These trends could be due to increased investment in research and development, or perhaps a slowdown in sales. However, the substantial drop in cash reserves warrants close monitoring. The company’s financial statements are audited, which adds a degree of reliability to the figures.

Registered in England/Wales under the registration number 08773116, with a registered address at OX4 4GA, United Kingdom, Oxford, Magdalen Centre, The Oxford Science Park.

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