Venture 40 Ltd

Venture 40 Ltd from Stanley UK is a small, active company founded six years ago. Confirmation is overdue by one month, and it employs just two people, holding assets of £1,469. It's a real address with two directors and two owners, and operates an e-commerce site.

The company operates in the retail sale via mail order houses or via internet industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company’s website describes itself as a biotech venture creator, investing in early-stage biotech opportunities with a clear path to the clinic. It focuses on CNS, oncology, immunology, inflammation, fibrotic disorders, and ophthalmology. The website highlights a team of experienced professionals, including founders and advisors with backgrounds in major pharmaceutical companies. It's a company builder and early-stage investor of exceptional biotech companies in Europe.

Financially, Venture 40 Ltd’s recent report paints a concerning picture. Equity plummeted by a staggering 190%, landing at -£1,500, and net assets also dropped dramatically to -£1,400. Cash bank on hand decreased by 23%, now at £940. Creditors increased by 80%, reaching £2,900, and trade debtors increased by 110%, now at £2,600. The company’s small size helps it stay agile, but the sharp decline in equity raises questions about its long-term viability. There’s no mention of an auditor, which is typical for a small company exempt from an audit. The company’s recent liabilities deferred income increased by 10%, and accrued liabilities increased by 10%.

Registered in England/Wales under the registration number 11843771, with a registered address at DH9 9DB, England, Stanley, Unit G2 Tanfield Business Centre, Tanfield Lea.

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