Multus Biotechnology Limited

Multus Biotechnology Ltd, based in London, UK, is a small, active company founded five years ago. With 16 employees and £3,991,777 in assets, it operates from a real address and is managed by three directors, although no owners are officially listed. The company maintains a perfect 5.0 Google rating based on two reviews and regularly imports machinery, boilers, and mechanical appliances – parts, with 11 months of import activity recorded.

The company’s core business revolves around developing and supplying media for biomanufacturing, targeting cultivated meat and advanced therapeutics like cell therapy. Its website highlights three key areas: product development, manufacturing, and who they work with. They emphasize removing animal components from bioprocesses to reduce costs, accelerating development, and providing food-safe manufacturing. Multus partners with companies like Quest Meat, Roslintech, and Jellatech, and actively participates in industry initiatives like SynbiCITE, CARMA, and the Alternative Proteins Association. Their technology focuses on automating laboratory protocols and using machine learning to optimize formulations.

Financially, Multus Biotechnology Ltd’s recent performance shows some concerning trends. Cash bank holdings dropped significantly by 27% to £3,500,000, while current assets decreased by 22% to £4,000,000. Debtors have increased by 52% to £540,000, which could indicate delayed payments or an expansion of credit terms. On a positive note, creditors remained stable at £250,000. Equity has also declined by 22% to -£2,300,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity raises questions about its long-term financial health. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company's continued investment in technology and industry partnerships suggests a commitment to growth, but it will need to address these financial pressures to sustain its operations.

Registered in England/Wales under the registration number 12524885, with a registered address at W12 0BZ, United Kingdom, London, Translation And Innovation Hub, 84 Wood Lane.

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