Ltz Pharma Ltd

Ltz Pharma Ltd from Dronfield UK: small company, active status, founded 7 years ago, real address, 1 director, 1 owner. It’s a private limited company registered in England/Wales with the registration number 11299513, established in April 2018. The company’s registered address is S18 2XL, Dronfield, Derbyshire, Studio 5 Riverside Studios, Mill Lane, and the address is likely real as only one other company is registered there. With a single director and owner, Banda Gerald, it operates in the retail sale via mail order houses or via internet industries.

The company’s website paints a picture of a biotech firm focused on innovative therapies. LTZ Therapeutics is developing “myeloid engager” therapeutics aimed at boosting antitumor immunity. Their approach, described as a “balanced three-pronged approach,” involves reverse translational science and emerging biology of the tumor microenvironment. The website details a platform with a novel mechanism of action, including direct engagement of myeloid cells, activation of killing mechanisms, and stimulation of myeloid cells to reprogram the tumor microenvironment. Recent news highlights FDA clearance of an IND application for LTZ301, a first-in-class myeloid engager immunotherapy intended to treat relapsed or refractory non-Hodgkin lymphoma. The company has locations in Redwood City, USA, and Shenzhen, China, and is actively seeking talent.

Financially, Ltz Pharma Ltd presents a mixed picture. While the company is classified as small, meeting two of three criteria (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its financial health is concerning. Retained earnings and accumulated losses are at -£8,300, and net assets are also negative at -£8,300. Cash reserves are virtually nonexistent, and bank borrowings are at £8,200. Creditors remain steady at £8,200. The lack of employees (zero reported) suggests a lean operation, but the negative equity and lack of cash raise questions about sustainability. With no auditor mentioned, the unaudited accounts rely on director-reported data. The company's small size and lack of employees help it stay agile, but the sharp equity drop is a worry.

Registered in England/Wales under the registration number 11299513, with a registered address at S18 2XL, Dronfield, Derbyshire, Studio 5 Riverside Studios, Mill Lane.

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