Cytochroma Limited

Cytochroma Limited, based in Edinburgh, UK, is a small, active company founded seven years ago. With eight employees and £33,153 in assets, it operates as a solo-founded venture led by two directors and a single owner. The company is a irregular importer, primarily dealing in optical and medical tools and devices, with its last import activity recorded just one month ago in May 2024. It has a real address at the Roslin Innovation Centre.

The company's website highlights its focus on human iPSC cell models for predicting clinical success. It offers diverse models, robust protocols, and custom differentiation services, catering to researchers and pharmaceutical companies. A key selling point is its lipid-loaded hepatocytes, ideal for metabolic disease research, and its diverse donor panel, ensuring market success. Cytochroma’s services include high-throughput cell-based screening, utilizing robotic systems to profile the effects of products on human cells, potentially reducing reliance on animal testing.

Financially, Cytochroma Limited presents a concerning picture. While the company’s turnover remains undisclosed, its net assets have plummeted by a staggering 45%, reaching -£470,000. Cash reserves have evaporated, falling 99% to just £690. Bank borrowings have decreased, but creditors have increased significantly. The company’s employee numbers have also dropped dramatically, from eight to just two. These figures suggest the company is burning through money, and the sharp decline in equity raises questions about its long-term viability. The lack of an auditor mentioned likely means the accounts are unaudited, adding to the uncertainty.

Registered in Scotland under the registration number SC579331, with a registered address at EH25 9RG, Scotland, Roslin, Roslin Innovation Centre, Easter Bush Campus.

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