GENEDRIVE PLC

THE INCUBATOR BUILDING, GRAFTON STREET, MANCHESTER, M13 9XX

Previous name: EPISTEM HOLDINGS PLC (changed on 22-Jul-2016)

Company Number: 06108621
Incorporation date: 15-Feb-2007
Status: Active
Entity type: Public Limited Company

SIC codes:
72110 Research and experimental development on biotechnology

SUMMARY

This company is 17.2 years old and is currently active. The latest reported revenue figure is GBP 1.1 million which is down -60% on the previous year. Retained earnings is negative (GBP -46.7 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 6 active officers (directors or partners) who are or were officers of 31 other companies, 5 (16.1%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: GROUP (30-Jun-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Paid	Net Profit GBP
30-Jun-2020	GBP	1,059,000	-5,640,000	14,744,000	-19,419,000
30-Jun-2019	GBP	2,362,000	-4,010,000	508,000
30-Jun-2018	GBP	2,000	3,000	7,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Premium Reserve	Retained Earnings	Net Assets
30-Jun-2020	GBP	8,218,000	10,259,000	2,196,000	780,000		-46,742,000
30-Jun-2019	GBP	5,184,000	6,940,000	1,217,000	510,000		-31,100,000
30-Jun-2018	GBP	3,529,000	5,403,000	2,720,000	282,000	25,988,000	-27,464,000	282,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
30-Jun-2020	GBP	34.62%	270,000	510,000	780,000	-6,056,000
30-Jun-2019	GBP	44.71%	-25,760,000	-31,861,053	-57,621,053	-49,097,553

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Russell John SHAW	07 Apr 2022	16 Apr 2024			1 - 0
Resigned	Matthew John FOWLER	10 Jan 2017	07 Apr 2022			0 - 1
Resigned	Hugh John Joseph RYLANDS	15 Feb 2007	05 Jan 2017	Chartered Accountant	British	1 - 10

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	James Bernard CHEEK	11 Sep 2023		Chief Executive Officer	British	2 - 1	0 (0.0%)
Active	Gino, Dr MIELE	11 Sep 2023		Chief Scientific Officer	British	3 - 1	1 (25.0%)
Active	Russell John SHAW	07 Apr 2022		Chief Financial Officer	British	1 - 3	1 (25.0%)
Active	Christopher Henry Francis YATES	22 Aug 2018		Ceo	British	5 - 13	1 (5.6%)
Active	Thomas LINDSAY	09 Apr 2018		Commercial Director	British	1 - 0	0 (0.0%)
Resigned	Matthew John FOWLER	13 Dec 2016	07 Apr 2022	Accountant	British	5 - 4	0 (0.0%)
Resigned	David BUDD	01 Mar 2016	11 Sep 2023	Company Director	Canadian	0 - 4	0 (0.0%)
Active	Ian David, Dr GILHAM	24 Nov 2014		Company Director	British	4 - 8	3 (25.0%)
Resigned	Allan BROWN	01 Feb 2014	08 Nov 2017	Director	British	1 - 5	1 (16.7%)
Resigned	Gerard BRADY	28 Mar 2007	04 Aug 2011	Director	British	0 - 2	0 (0.0%)
Resigned	Matthew Heaton WALLS	28 Mar 2007	23 Oct 2015	Director	British	0 - 4	1 (25.0%)
Resigned	Robert Dwyer NOLAN	28 Mar 2007	31 Dec 2018	Director	British	0 - 3	0 (0.0%)
Resigned	Catherine, Dr BOOTH	28 Mar 2007	08 Jun 2018	Director	British	1 - 2	0 (0.0%)
Resigned	David Eric EVANS	15 Feb 2007	11 May 2015	Director	United Kingdom	0 - 42	15 (35.7%)
Resigned	Hugh John Joseph RYLANDS	15 Feb 2007	05 Jan 2017	Chartered Accountant	British	1 - 10	3 (27.3%)

Number of active directors: 6
Average tenure of active directors: 4.1 years
Average tenure of resigned directors: 7.9 years
Average active director Dissolution Rate: 13.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	James Bernard CHEEK	Gino, Dr MIELE	Russell John SHAW	Christopher Henry Francis YATES	Thomas LINDSAY	Ian David, Dr GILHAM
LIGAND UK LIMITED (02304992) - Active						✔
NEXUS VRM LIMITED (02415387) - Active				✔
AXIS-SHIELD LABORATORY PRODUCTS LIMITED (02466949) - Dissolved						✔
EDGE WORLDWIDE LOGISTICS LIMITED (02549469) - Active			✔
LIFEARC (02698321) - Active						✔
CONCATENO UK LIMITED (02822149) - Active				✔
IMMUNODIAGNOSTIC SYSTEMS LIMITED (03141527) - Active				✔
NEXUS VEHICLE MANAGEMENT LTD. (03833617) - Active				✔
GENEDRIVE DIAGNOSTICS LTD (03901952) - Active	✔	✔
MOLECULAR VISION LIMITED (04292847) - Active				✔
CEPHEID UK LIMITED (04422108) - Active	✔
COZART LIMITED (05139713) - Active				✔
IMMUNODIAGNOSTIC SYSTEMS HOLDINGS LIMITED (05146193) - Active				✔
CYTOX LIMITED (05149130) - Liquidation						✔
ADAPTED VEHICLE HIRE LIMITED (05363103) - Active				✔
HORIZON DISCOVERY LIMITED (05363294) - Active						✔
LEEDS REPRODUCTIVE BIOSCIENCE LIMITED (05692947) - Dissolved						✔
FORSITE DIAGNOSTICS LIMITED (05696673) - Active				✔
GENEDRIVE PLC (06108621) - Active	✔	✔	✔	✔	✔	✔
NEXUS VEHICLE HOLDINGS LIMITED (06461008) - Active				✔
ABINGDON HEALTH PLC (06475379) - Active				✔
BIOSCIENCE VENTURES LIMITED (07384973) - Dissolved				✔
SERASCIENCE LIMITED (07591669) - Active				✔
STOWHEATH LIMITED (07879655) - Active						✔
CONCEPTA DIAGNOSTICS LIMITED (08361104) - Active						✔
HORIZON DISCOVERY GROUP LIMITED (08921143) - Active						✔
I4TG LTD (11572429) - Active			✔
INFLOW CONSULTANCY LTD (13094345) - Active - Proposal to Strike off			✔
AXIS-SHIELD DIAGNOSTICS LIMITED (SC077359) - Active						✔
AXIS-SHIELD LIMITED (SC145200) - Active						✔
CYTOMOS LIMITED (SC401416) - Active		✔
GMDX LIMITED (SC601433) - Dissolved		✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2015-02-15
OPENING LIST	ORDINARY	9,748,240 97.4%
JEFFREY MOORE	ORDINARY	256,666 2.56%
JULIE TUDOR	ORDINARY	2,000 0.020%
GED BRADY	ORDINARY	1,600 0.016%
GREG TUDOR	ORDINARY	1,600 0.016%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2020-01-26	2019-01-26
GENEDRIVE PLC	ORDINARY	51,399 100%	4,045,628 100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

no controlling companies

GENEDRIVE PLC

Controlled companies below

>75%:EPISTEM SIP TRUSTEE LIMITED (06764773 - UK) active
>75%:GENEDRIVE DIAGNOSTICS LTD (03901952 - UK) active
>75%:EPISTEM LIMITED (11031998 - UK) ceased

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 72110 Research and experimental development on biotechnology)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
ILLUMINA CAMBRIDGE LIMITED	19 GRANTA PARK, GREAT ABINGTON, CAMBRIDGE, CAMBRIDGESHIRE, ENGLAND, CB21 6DF	03625145	2017-12-31	2,114,848,000	422,140,000
IQVIA LTD.	3 FORBURY PLACE, 23 FORBURY ROAD, READING, UNITED KINGDOM, RG1 3JH	03022416	2017-12-31	1,123,545,000	198,818,000
AMGEN LIMITED	216 CAMBRIDGE SCIENCE PARK, MILTON ROAD, CAMBRIDGE, CAMBRIDGESHIRE, ENGLAND, CB4 0WA	02354269	2017-12-31	238,931,000	9,488,000
GENOME RESEARCH LIMITED	WELLCOME SANGER INSTITUTE WELLCOME GENOME CAMPUS, HINXTON, SAFFRON WALDEN, ENGLAND, CB10 1SA	02742969	2018-09-30	144,812,000	55,555,000
COVANCE LABORATORIES LIMITED	OTLEY RD, HARROGATE, HG3 1PY	01171833	2017-12-31	111,519,000	16,839,000
ASTEX THERAPEUTICS LIMITED	436 CAMBRIDGE SCIENCE PARK, MILTON ROAD, CAMBRIDGE, CB4 0QA	03751674	2018-12-31	72,199,766	28,006,138
CELLTECH R&D LIMITED	208 BATH ROAD, SLOUGH, BERKSHIRE, SL1 3WE	01472269	2017-12-31	55,407,000	-5,338,000
QUOTIENT SCIENCES LIMITED	TRENT HOUSE MERE WAY, RUDDINGTON FIELDS BUSINESS PARK, RUDDINGTON, NOTTINGHAM, NG11 6JS	05221615	2018-03-31	43,379,000	7,170,000
CENTRE FOR PROCESS INNOVATION LIMITED	WILTON CENTRE, WILTON, REDCAR, CLEVELAND, TS10 4RF	05002194	2018-03-31	33,187,000	7,344,000	72190-Other research and experimental development on natural sciences and engineering 82990-Other business support service activities not elsewhere classified 85320-Technical and vocational secondary education
EVOTEC (UK) LIMITED	114 INNOVATION DRIVE, MILTON PARK, MILTON, ABINGDON, OXFORDSHIRE, OX14 4RZ	02674265	2017-12-31	31,859,000	1,599,000
ARC TRINOVA LIMITED	C/O QUOTIENT SCIENCES LIMITED TRENT HOUSE MERE WAY, RUDDINGTON FIELDS BUSINESS PARK, RUDDINGTON, NOTTINGHAM, ENGLAND, NG11 6JS	09767194	2017-12-31	8,422,519	0
CROWN BIOSCIENCE UK LIMITED	BUILDING 14 DODGEFORD LANE, OSGATHORPE, LOUGHBOROUGH, LEICESTERSHIRE, LE12 9TE	07109059	2017-12-31	2,819,775	0
INDUSTRIAL MICROBIOLOGICAL SERVICES LIMITED	ODD FELLOWS HALL, 118B OXFORD ROAD, READING, RG1 7NG	03264423	2018-01-31	1,005,784	0
THE BIO NANO CENTRE UNLIMITED	69 ONSLOW ROAD, ONSLOW ROAD, RICHMOND, ENGLAND, TW10 6QA	06389520	2018-02-28	974,607	0
TAILORED CLINICAL RESEARCH SOLUTIONS LIMITED	2 HINKSEY COURT, CHURCH WAY, OXFORD, ENGLAND, OX2 9SX	09930195	2017-12-31	334,157	0	86900-Other human health activities
NEXT CLINICAL RESEARCH ORGANISATION LIMITED	47 THE RIDGEWAY, FRIERN BARNET, LONDON, ENGLAND, N11 3LG	09418105	2018-12-31	282,733	0
MEDEZRIN LTD.	71-75 SHELTON STREET, COVENT GARDEN, LONDON, UNITED KINGDOM, WC2H 9JQ	03340737	2018-03-31	170,000	0
NEW DIAGNOSTICS LIMITED	KNOLE VIEW, SOUTH HILL, SOMERTON, SOMERSET, TA11 7JQ	08672341	2019-03-31	104,307	0	74909-Other professional, scientific and technical activities not elsewhere classified
CLINICAL PHASE DEVELOPMENT LTD	38 CABERFEIGH CLOSE, REDHILL, ENGLAND, RH1 6BF	07715640	2018-07-31	94,690	0
SEE-THROUGH SCIENTIFIC LIMITED	HARWOOD HOUSE, 43 HARWOOD ROAD, LONDON, ENGLAND, SW6 4QP	09410281	2017-12-31	76,514	0
DIAGNODUS LTD	ST JOHN'S INNOVATION CENTRE, COWLEY ROAD, CAMBRIDGE, ENGLAND, CB4 0WS	07600875	2019-04-30	63,322	0
FISHER STATISTICS CONSULTANCY LIMITED	10 10 HEDGHOG CRESCENT, EDINBURGH, EH17 8XP, UNITED KINGDOM, EH17 8XP	SC385170	2018-09-30	54,959	0	72200-Research and experimental development on social sciences and humanities 85600-Educational support services
SERNAT LIMITED	173 BROADWAY, DIDCOT, ENGLAND, OX11 8RZ	10372226	2017-09-30	51,815	0	72200-Research and experimental development on social sciences and humanities 86210-General medical practice activities
COULSON BIOINFORMATICS LTD	EXCHANGE BUILDING, 66 CHURCH STREET, HARTLEPOOL, UNITED KINGDOM, TS24 7DN	10904839	2018-08-31	48,628	0
IHG PHARMACO LIMITED	20-22 WENLOCK ROAD, LONDON, N1 7GU	05606880	2018-03-31	43,960	0
CALA PHARMA LIMITED	5 FARRIERS WAY, WINSFORD, ENGLAND, CW7 2TS	09883439	2017-11-30	35,084	0
GOLGENE TECHNOLOGIES LIMITED	24 CHELWOOD AVENUE, LEEDS, ENGLAND, LS8 2AZ	06069931	2019-01-31	35,041	0
GREENSTONE BIOLABS LTD	024, WESTBOURNE STUDIOS, ACKLAM ROAD, LONDON, ENGLAND, W10 5JJ	09874376	2017-11-30	33,043	0	72190-Other research and experimental development on natural sciences and engineering
APPLIED EXOMICS LTD	LEE LARCOMBE, 39 HOGSDEN LEYS, ST. NEOTS, CAMBRIDGESHIRE, PE19 6AD	08251827	2018-10-14	15,705	0
SP SCIENTIFIC SERVICES LTD	52 ANGEL HILL, SUTTON, UNITED KINGDOM, SM1 3EW	10312528	2018-08-31	15,229	0	72190-Other research and experimental development on natural sciences and engineering
CHEMOVATION LIMITED	WA10 1GH, 49 ARRIVATO PLAZA, HALL STREET, ST HELENS, UNITED KINGDOM, WA10 1GH	05316858	2018-12-31	12,182	0	74909-Other professional, scientific and technical activities not elsewhere classified
AXONICS MODULATION TECHNOLOGIES, U.K. LIMITED	5TH FLOOR, ONE NEW CHANGE, LONDON, UNITED KINGDOM, EC4M 9AF	09622653	2019-06-30	8,610	0
RIOTECH PHARMACEUTICALS LIMITED	49 ARRIVATO PLAZA,, HALL STREET, ST HELENS, UNITED KINGDOM, WA10 1GH	04316377	2018-11-30	8,428	0
GENOMEX LTD	BEECHCROFT DIKELANDS LANE, UPPER POPPLETON, YORK, UNITED KINGDOM, YO26 6JA	10356872	2018-09-30	7,923	0	72190-Other research and experimental development on natural sciences and engineering
ALLERAYDE SAB LIMITED	1 MEADOW ROAD, NEWARK, NG24 3BP	07909304	2019-01-31	4,348	0
BIOMEMS TECHNOLOGIES LIMITED	272 THE HAWTHORNS, CARDIFF, WALES, CF23 7AN	09360659	2018-12-31	3,000	0
OXFORD MEDISTRESS LTD	FLAT 1, 69, ONSLOW ROAD, RICHMOND, SURREY, ENGLAND, TW10 6QA	05470178	2017-06-30	2,589	0	86900-Other human health activities
ALCHEMY PHARMATECH LIMITED	KIRKSTONE GRINDLETON ROAD, WEST BRADFORD, CLITHEROE, LANCASHIRE, BB7 4TB	07912825	2017-03-31	1,981	0
PHYTOFUTURES LTD	54 DAWLISH ROAD, LONDON, ENGLAND, E10 6QD	09412092	2019-01-31	637	0	74909-Other professional, scientific and technical activities not elsewhere classified
ALBANY CLINICAL CONSULTING LIMITED	7 NEW BROUGHTON, EDINBURGH, MIDLOTHIAN, UNITED KINGDOM, EH3 6PA	SC532187	2018-04-30	295	0
DYAX LTD	1 KINGDOM STREET, LONDON, ENGLAND, W2 6BD	08965623	2017-12-31	0	0	99999-Dormant Company
ACUBLATE LIMITED	ANGEL BUILDING, 407 ST. JOHN STREET, LONDON, EC1V 4AD	07209117	2018-03-31	0	0
ARWAIN YMLAEN LIMITED	32 CEDAR AVENUE, HAZLEMERE, HIGH WYCOMBE, HP15 7DW	06062248	2019-03-31	0	0
CELL RESEARCH TECHNOLOGY LTD	32 FRIENDSHIP ROAD, BRISTOL, BS4 2RN	08192207	2018-08-31	0	0
DE NOVO PHARMACEUTICALS LIMITED	GILMARDE HOUSE, 47 SOUTH BAR STREET, BANBURY, OXFORDSHIRE, ENGLAND, OX16 9AB	03761178	2018-09-30	0	0
FERTILITY INNOVATIONS LIMITED	COOMBE HOUSE, BRADFORD PEVERELL, DORCHESTER, DORSET, DT2 9SE	07416896	2018-12-31	0	0
GARSINGTON TECHNOLOGIES LIMITED	4, THE GABLES, VALE OF HEALTH, HAMPSTEAD, LONDON, ENGLAND, NW3 1AY	08782927	2018-11-30	0	0
IOTA PHARMACEUTICALS LIMITED	ST JOHNS INNOVATION CENTRE, COWLEY ROAD, CAMBRIDGE, CAMBRIDGESHIRE, CB4 0WS	06279987	2018-06-30	0	0
LIF NANO RX LTD	APARTMENT 16 SPRINGS COURT, FIELD CLOSE, COTTINGHAM, ENGLAND, HU16 5GX	08551193	2018-05-31	0	0
MARBLEAMBER LIMITED	29 GLADSTONE STREET, HATHERN, LOUGHBOROUGH, LEICESTERSHIRE, LE12 5LE	07121238	2019-03-31	0	0
NANO-NOSE LIMITED	41 OAKWOOD PARK ROAD, LONDON, ENGLAND, N14 6QD	11014188	2018-07-31	0	0
PT VENTURES LIMITED	1A TOWER ROAD, DARTFORD, ENGLAND, DA1 2HE	09821026	2018-10-31	0	0
W C LEE LIMITED	94 HOWARD AVENUE, SLOUGH, BERKSHIRE, ENGLAND, SL2 1LA	09508311	2018-03-31	0	0
WALTERSTEAD LIMITED	ACADEMY HOUSE, SHEDDEN PARK ROAD, KELSO, ROXBURGHSHIRE, TD5 7AL	SC368318	2018-03-31	0	0	75000-Veterinary activities 82990-Other business support service activities not elsewhere classified
RESPIRATORY CLINICAL TRIALS LIMITED	1 TOWER HOUSE, TOWER CENTRE, HODDESDON, HERTFORDSHIRE, ENGLAND, EN11 8UR	04063160	0000-00-00	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
GENEDRIVE PLC	1.5%	2.4%	3.9%	Medium
Other companies Active in the same sector	1.2%	3.5%	7.4%	Medium


Expanded sample	1.3%	2.3%	3.9%	Medium
Age	0.4%	1.7%	3.3%	Medium
Company Type	1.7%	4.0%	5.9%	Medium
Accounts category	0.6%	1.5%	2.5%	Medium
Accounting Month	0.7%	5.7%	7.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium

VALUATION (BETA)

Valuation ratios as at 2024-03-31

	Market Cap GBP	Enterprise Value GBP	PE	EV/Revenue	EV/EBITDA
GENEDRIVE PLC	4,670,000	24,577,900		501.6	-4.6
Pharmaceuticals Biotechnology and Marijuana Production ( 48 companies)	247,271,290,000	283,510,402,510	25.1 (median)	3.2 (median)	N/A