Revona Bio Ltd

Revona Bio Ltd is a small, holding company based in Walsall, UK, with an active status. Founded just two years ago in July 2022, it employs a small team of four people and holds £620,677 in assets. The company operates from a virtual address—with sixty other companies registered at the same location—and is led by six directors and three owners. It’s an irregular importer, bringing in miscellaneous chemical products, with its last import operation recorded one month ago in April 2024.

The company’s website, inforevona.bio, highlights its focus on revolutionizing RNA drug discovery. It’s a pre-seed stage company spun out from the University of Portsmouth, aiming to accelerate RNA-targeted drug development through a novel, patented biological platform and machine learning. The site emphasizes strategic partnerships, mechanistic elucidation, hit ID optimization, and safety assessment—all geared toward reducing the cost and time-to-market for RNA drugs. The company's leadership team includes Charlotte Henderson (CEO), Anastasia Callaghan (CSO), and Ian Gilham (Non-Executive Chairman), alongside other experienced professionals in biotech and AI.

Financially, Revona Bio Ltd shows a mixed picture. Cash reserves have dramatically increased by 630%, reaching £470,000—a very positive sign. However, retained earnings and accumulated losses have deepened, with a net equity of -£330,000. Bank borrowings have also increased, though not as significantly. Despite the losses, the company’s assets have grown by 290%, and net current assets have jumped 330%. The number of equity instruments granted has decreased significantly, suggesting a shift in compensation strategy. The company is exempt from an audit as a small company, so the figures are unaudited. It’s clear that Revona Bio Ltd is burning through money, but the substantial cash reserves and growing assets suggest it’s attracting investment and making progress in its research and development efforts.

Registered in England/Wales under the registration number 14236436, with a registered address at WS9 8LZ, England, Walsall, West Midlands, 34 High Street, Aldridge.

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