Gibbs Innovation Ltd
- Small
- Active
- 4 years
- 1 employee
- £1,221 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Gibbs Innovation Ltd is a small, active company based in London, UK, founded four years ago. It's a solo venture with a single employee and £1,221 in assets, operating from a virtual address. The company is led by one director and owner, Gibbs Stephen.
The company’s website, Oxford University Innovation, reveals a much larger operation focused on technology transfer and consulting for the University of Oxford. It's a complex organization supporting various ventures, including investments, intellectual property licensing, and consulting services. The site highlights a wide range of activities, from incubating startups to providing clinical outcome assessments and facilitating access to expertise. The website's content suggests a focus on commercializing university research and fostering innovation across multiple sectors, including medical sciences, humanities, and social sciences. It’s clear that Gibbs Innovation Ltd is a small piece of a much larger, well-established entity.
Financially, Gibbs Innovation Ltd shows a concerning trend. Cash bank on hand has decreased significantly by 81%, dropping to just £270. Current assets have also fallen by 39% to £1,200, and net assets have declined by 3.7% to -£32,000. While creditors have remained relatively stable, the sharp decrease in cash and the negative net assets suggest the company is burning through money. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the financial pressures are evident. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
It's possible the company is reinvesting heavily in its operations or facing increased costs. The connection to Oxford University Innovation, while providing access to resources and expertise, may also involve overheads or contractual obligations that are impacting its financial performance. It seems the company is in a precarious position, relying on the larger organization for support while struggling to generate sustainable income.
Registered in England/Wales under the registration number 12968217, with a registered address at EC1V 2NX, England, London, 128 City Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
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Confirmation statement made on 2024-10-21 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-10-31Download 9 pages pdf report
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Confirmation statement made on 2023-10-21 with no updatesDownload 3 pages pdf report
FAQ about Gibbs Innovation Ltd
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