Gifford Bioscience Limited

Gifford Bioscience Limited from Solihull, UK, is a small, active company founded eight years ago. With ten employees and £285,540 in assets, it’s a family business led by three directors and two owners. The company operates from a virtual address, registered at Lumaneri House, Blythe Gate, Blythe Valley Park, which is shared by 586 other companies, suggesting a business hub or serviced office arrangement. Gifford Bioscience regularly imports miscellaneous chemical products, with the last import operation occurring in June 2024. The company’s primary focus is research and experimental development within the biotechnology industries.

The company’s website is minimal, offering no direct e-commerce functionality. It appears to be primarily a corporate presence, providing contact information and outlining the company's research focus. There’s no indication of online sales or product listings.

Financially, Gifford Bioscience Limited presents a mixed picture. Current assets have decreased by 35%, dropping to £290,000, while net assets have fallen by 30%, settling at £240,000. Bank borrowings have increased significantly, rising by 2,400% to £29,000, and cash reserves have declined by 45%, leaving £160,000. Creditors have also decreased by 46%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The decrease in equity is a notable trend, potentially indicating reinvestment in the business or increased operating expenses. As a small company, it is exempt from an audit, so the financial statements are unaudited.

The company's focus on biotechnology research suggests a longer-term investment horizon, and the financial data reflects this. While the decline in cash reserves is concerning, it could be attributed to ongoing research and development activities. The increase in bank borrowings may indicate a need for additional funding to support these initiatives.

Registered in England/Wales under the registration number 10602974, with a registered address at B90 8AH, United Kingdom, Solihull, West Midlands, Lumaneri House Blythe Gate, Blythe Valley Park.

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