Cyanocapture Ltd

Cyanocapture Ltd, based in Oxford, UK, is a small, active company founded four years ago in 2021. With seven employees and £297,213 in assets, it operates from a real address and is led by a single director and owner. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts—with the last import operation occurring two months ago in October 2023. It’s a private limited company, and the accounts have been prepared in accordance with the small companies regime.

The company’s website, CyanoCapture, focuses on biotechnology research and experimental development. It’s a niche field, and the company’s website suggests a focus on innovative solutions. It's clear that they are a small operation, meeting two of three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Cyanocapture Ltd presents a mixed picture. Cash reserves have fallen by nearly half, dropping to £200,000, while bank borrowings have increased to £3,900. Creditors have significantly decreased, dropping by 82%, which could be a positive sign of improved debt management. However, net assets have plummeted, resulting in a substantial negative equity of -£1.2 million. Trade debtors have increased by 130%, which could indicate delayed customer payments or a shift in credit terms. It's worth noting that the company’s fixed assets have increased to £88,000, which could be from new equipment.

The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, and the figures are unaudited. While the company's focus on biotechnology research seems promising, the significant equity drop and decreasing cash reserves raise concerns about its financial health. Whether the company can sustain its operations and turn a profit remains to be seen.

Registered in England/Wales under the registration number 13307428, with a registered address at OX4 4GA, England, Oxford, Sherrington Building Magdalen Centre, Robert Robinson Avenue.

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