Octarine Limited

Octarine Limited is a small, active company from London, UK, established 35 years ago in November 1989. The company holds £142,165 in assets and operates from a virtual address at 2b Haddo Street, SE10 9RN, a location shared by twelve other companies. It's managed by three directors and owned by two individuals, though the ownership list may not be exhaustive.

Octarine Bio is a world-leading synthetic biology platform focused on driving bio-based, sustainable solutions. Its core mission is to address pressing planetary issues through innovation and exploration, inspired by nature to protect nature. The company’s leading product, PurePalette, is a vibrant spectrum of sustainable, nature-based dyes developed through a precision fermentation process, integrated seamlessly into an organization’s supply chain. The company’s website details its technology, which includes cell factory engineering and precision fermentation, as well as advanced enzyme technology to modify natural ingredients. Recent press releases highlight collaborations and recognition in fields like psychedelics and synthetic biology.

Financially, Octarine Limited presents a mixed picture. Current assets have decreased by 20% to £140,000, while net assets have fallen 3.7% to £120,000. Bank borrowings have increased significantly, though the exact amount is not specified. Creditors have decreased by a substantial 56%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity could indicate a period of investment or operational challenges. The company is exempt from an audit, and the financial statements are unaudited. It seems that the company is burning through money, but it’s a small business.

Registered in England/Wales under the registration number 02446303, with a registered address at SE10 9RN, London, 2b Haddo Street.

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