Cellcraft Ltd.

Cellcraft Ltd is a small, active company based in London, UK, founded four years ago in 2020. With nine employees and £1,210,254 in assets, it operates from a virtual address – a fact highlighted by the presence of 3,884 other companies registered at the same location. The company is led by two directors and two owners, though the owner list is not exhaustive. It’s an irregular importer, primarily dealing with optical and medical tools and devices, with the most recent import occurring in August 2024.

Cellcraft's core business revolves around pioneering a new approach to meat production – cultivated meat. Its website positions the company as a technology provider, offering a “farming renaissance” through a B2B system that empowers producers to grow meat responsibly and safely, without the need for animal slaughter. The technology aims to democratize sustainable food production by harnessing the power of cell growth, offering a cutting-edge, superefficient approach to meat production. The company’s website also mentions support from investors and production partners.

Financially, Cellcraft Ltd presents a mixed picture. While cash reserves declined by a significant 42% to £1.2 million, fixed assets increased by 28% to £47,000. Accumulated depreciation on computer equipment rose by 3700%, and on furniture fittings by 270%, suggesting investment in infrastructure. However, net assets dropped by 96%, resulting in a negative equity of -£1.8 million – a substantial shift. Trade creditors also increased by 110%, which could be a result of increased spending to support growth. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the negative equity is a concern. The accounts are unaudited, and no auditor is mentioned.

It’s clear that Cellcraft Ltd is burning through money. The company’s focus on revolutionary technology and sustainable food production is ambitious, but the financial data suggest it’s facing challenges in scaling its operations and achieving profitability. Whether its innovative approach can overcome these financial pressures remains to be seen.

Registered in England/Wales under the registration number 12673643, with a registered address at W1W 5PF, England, London, 167-169 Great Portland Street, 5th Floor.

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