Origin Sciences Limited

Origin Sciences Ltd, based in London, UK, is a small holding company with an active status, having been founded 21 years ago. It employs 17 people and holds £1,149,822 in assets. The company operates from a virtual address, registered with 547 other companies, and is overseen by five directors and one owner, boasting a perfect 5.0 Google rating from a single review. It's an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with the last import activity occurring two months ago in September 2022.

The company's website, Oricol, focuses on gastrointestinal diagnostics and discovery, specifically aiming to reduce unnecessary deaths from colorectal cancer through affordable and accurate testing. It’s a mission-driven business, highlighting the prevalence of the disease and positioning Oricol as a solution. The site features information for patients, research updates, and career opportunities, and is designed by Convincible Media. Cookies are used to anonymously analyse traffic.

Financially, Origin Sciences Ltd presents a mixed picture. Current assets have significantly decreased by 31%, dropping to £1,100,000. Equity has also taken a hit, plummeting 17% to -£20,000,000. Bank borrowings have remained steady, and cash reserves have fallen dramatically by 79% to £190,000. Creditors have increased substantially by 94%, reaching £1,100,000, and trade debtors have fallen to zero. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the substantial equity decline suggests potential financial strain. No auditor is mentioned, likely due to its status as a small company.

The company’s financial trends indicate a period of burning through cash, despite a strong focus on its mission and a positive online presence. The company’s reliance on external funding or a successful shift towards profitability will be key to its long-term sustainability.

Registered in England/Wales under the registration number 04966495, with a registered address at EC4M 7RD, United Kingdom, London, First Floor, 5 Fleet Place.

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