Portal Biotech Limited

Portal Biotech Limited, based in Guildford, UK, is a small, active company founded four years ago. With four employees and £4,993,023 in assets, it operates from a virtual address, a detail flagged by the presence of thirty-one other companies registered at the same location. The company is led by four directors and has one owner, Heron Andrew John. It’s an irregular importer, primarily dealing in plastics and plastic products, with recent import activity recorded just two months ago.

The company's core focus is research and experimental development within the biotechnology industries, as evidenced by its website. Portal Biotech’s technology, evolved from work at the University of Groningen, uses nanopores to analyze single molecules with unparalleled sensitivity. Their platform offers three technologies: small molecule detection, peptide spectrometry, and full-length protein sequencing. The website details applications ranging from isoform analysis to protein modification detection, targeting academic research, biopharmaceutical, and industrial sectors. The company offers both benchtop instruments and characterisation services, and even an Early Access Programme.

Financially, Portal Biotech Limited shows a mixed picture. Current assets have fallen by 37% to £5,000,000, while net assets have decreased by 28% to £5,800,000. Cash reserves have plummeted 65% to £2,400,000. Trade debtors have increased significantly by 110%, suggesting a possible shift in payment terms or increased sales. Bank borrowings have risen dramatically, increasing by 86% to £2,200,000. Creditors have also increased significantly, by 760%, reaching £220,000. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company. The significant increase in intangible assets, rising 360% to £810,000, may reflect investments in patents or other intellectual property, potentially driving future growth.

Registered in England/Wales under the registration number 13304359, with a registered address at GU1 4LP, United Kingdom, Guildford, Surrey, Bdo Llp, First Floor North Bottle Works, The Bars.

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