The Firmwatch take
Magnitude Biosciences Limited (11579884) currently shows: Watch signal detected, based on accounts to 28 February 2025; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 28 Feb 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
20 September 2018
7 years on the register
Sector
Scientific research and development
SIC 72110 · matched to division
Size
Not classified
Net assets
£42k
£42,185
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Money
What the balance sheet says
Net assets
£42k
Cash
Not disclosed
Working cap.
−£2k
Current ratio
1.0×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
People
Who runs this company
- SF
SALEEM, Fozia, Dr
director · since 2022
Registered office
Address intelligence
39 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · TS21 3FD
39 other UK companies registered here — all still trading.
Active
39
Dissolved
0
Strike-off action
0
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.