Theolytics Ltd

Theolytics Ltd, based in Oxford, UK, is a small, active company founded seven years ago in 2017. With 26 employees and £10,052,079 in assets, it’s a research and experimental development company focused on biotechnology. It has a real address and nine directors, but no owners are reported – a common situation where directors also hold significant shares. The company regularly imports pharmaceutical products, with the last import operation occurring six months ago.

Theolytics’ website highlights its mission to harness viruses to combat disease and transform patients' lives through world-leading science. It emphasizes a team of experts spanning virology, cancer biology, immunology, bioinformatics, and molecular biology. The company is actively partnering with investors and biopharmaceutical companies. Its core focus is on developing oncolytic viral therapies, particularly for ovarian cancer. The site also promotes career opportunities and provides contact information.

Financially, Theolytics Ltd shows a mixed picture. Current assets increased by 16% to £10,000,000, while net assets grew by 120% to £25,000,000. Bank borrowings are zero, and cash reserves increased by 50% to £7,700,000. Trade debtors increased by 80% to £2,400,000, suggesting a possible increase in sales. Creditors decreased by 70% to £1,900,000. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.

The increase in both assets and cash reserves is a positive sign, but the rise in trade debtors could indicate challenges in collecting payments. The company’s focus on biotechnology research and its partnerships suggest a long-term investment strategy, but its financial health will depend on securing funding and translating its research into commercial products.

Registered in England/Wales under the registration number 11001290, with a registered address at OX4 4DQ, England, Oxford, Oxfordshire, The Sherard Building, Edmund Halley Road, Oxford Science Park.

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