Pictura Bio Ltd

Pictura Bio Ltd is a small, active company from Huddersfield, UK, founded three years ago in 2021. It employs six people and holds £2,073,716 in assets, though its registered address is likely virtual, with sixty-five companies registered at the same location. The company has five directors but no owners reported, suggesting a complex ownership structure. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with its last import activity recorded just one month ago.

The company's website reveals a focus on rapid pathogen detection through its "PICID" platform, which promises a one-minute diagnostic solution. It’s developing a suite of technologies to scale diagnostics at the point of care, emphasizing computer vision for infectious disease and offering a range of services, including image capture, identification, and analysis. The site highlights partnerships and investors, showcasing a mission to improve healthcare access and reduce reliance on traditional laboratory testing.

Financially, Pictura Bio Ltd exhibits mixed trends. Cash reserves increased significantly by 150%, reaching £1.7 million, while current assets rose by 180% to £2.1 million. However, net assets declined by 39% to -£2.7 million, and trade debtors increased dramatically by 390% to £410,000. Liabilities also increased, with other creditors rising by 280% to £20,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity suggests the company is burning through cash, and the increasing debt could be a concern. The accounts are unaudited, as is typical for small companies.

Registered in England/Wales under the registration number 13691257, with a registered address at HD1 1PA, Huddersfield, West Yorkshire, 35 Westgate.

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