Presymptom Health Limited

Presymptom Health Limited is a small, active company based in Leeds, UK, founded six years ago in 2019. It employs two people and holds £1,031,878 in assets, operating from a real address on Aire Street. With four directors and two owners, the company is a regular importer of electrical machinery and equipment, with seven months of import activity recorded, the last in December 2023.

The company’s website highlights its mission to revolutionize patient care by enabling early diagnosis of infection and sepsis. It focuses on RNA-based host responses for earlier detection, leveraging a wealth of clinical data from over 150,000 samples and seven studies. The company’s technology is designed to help clinicians save time, save lives, and save money, and has even attracted investment from the UK Innovation & Science Seed Fund LP. A recent £1.5 million funding round will be used to develop AI-driven sepsis and infection tests for the NHS.

Financially, Presymptom Health Limited shows a mixed picture. Cash bank on hand has increased dramatically by 270%, reaching £1 million, while current assets have also risen by 49% to £1 million. However, net assets have decreased significantly, dropping 240% to -£690,000. Trade debtors have plummeted 99%, leaving just £2,900, while creditors have increased substantially, reaching £1 million. It’s worth noting that a convertible loan note instrument was created during the year. 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 large equity drop suggests it's burning through cash. No auditor is mentioned, meaning the figures are unaudited.

Overall, Presymptom Health Limited appears to be a high-growth startup with significant potential, but it’s also facing financial pressures. The recent funding round should provide a buffer, but the company will need to carefully manage its expenses to achieve profitability.

Registered in England/Wales under the registration number 11834573, with a registered address at LS1 4PR, England, Leeds, 1 Aire Street.

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