Iota Sciences Limited

Iota Sciences Ltd, based in Yarnton, UK, is a small holding company with an active status, founded eight years ago in 2016. The company employs twenty people and holds £620,239 in assets, operating from a real address at the Begbroke Science Park. With four directors and one owner, it’s a relatively lean organization. Iota Sciences regularly imports and exports optical and medical tools and devices, with six months of import activity and thirty-five months of export activity recorded.

The company’s website highlights its focus on “gentle singlecell isolation and handling solutions,” offering automation technologies and cell line engineering services, particularly for human induced pluripotent stem cells. It caters to researchers in fields like CRISPR gene editing, single-cell omics, and antibody discovery. The website emphasizes its modular systems, aiming to increase the speed and efficiency of cell biology research, and features testimonials from satisfied customers at leading institutes. The company even offers a cost calculator on its website.

Financially, Iota Sciences shows a mixed picture. Current assets have decreased by 40% to £620,239, while net assets have plummeted 190% to -£78,000—a significant downturn. Cash reserves have also decreased by 73% to £84,000. Creditors, however, have surged by 520%, reaching £1.5 million, which could indicate increased borrowing to support operations. Trade debtors have fallen by 65%, suggesting improved collection of payments. The company meets the criteria for being a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

While the company's technology and customer testimonials suggest a promising future, the financial data reveals challenges. The sharp decline in equity and increased borrowing raise concerns about its long-term financial health. It’s possible that the company is investing heavily in research and development or expanding its operations, but the financial data suggests it’s burning through cash at a rapid pace.

Registered in England/Wales under the registration number 10246957, with a registered address at OX5 1PF, Yarnton, Oxfordshire, Begbroke Science Park Begbroke Hill, Woodstock Road.

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