mirobio ltd
mirobio ltd Company Information
Company Number
11609215
Website
-Registered Address
2nd floor,, 9400 oxford business park, garsington, oxford, OX4 2HN
Industry
Research and experimental development on biotechnology
Telephone
441865618817
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
gilead sciences ireland unlimited company 100%
mirobio ltd Estimated Valuation
Pomanda estimates the enterprise value of MIROBIO LTD at £0 based on a Turnover of £0 and 1.39x industry multiple (adjusted for size and gross margin).
mirobio ltd Estimated Valuation
Pomanda estimates the enterprise value of MIROBIO LTD at £0 based on an EBITDA of £-11.5m and a 5.69x industry multiple (adjusted for size and gross margin).
mirobio ltd Estimated Valuation
Pomanda estimates the enterprise value of MIROBIO LTD at £15.7m based on Net Assets of £7m and 2.24x industry multiple (adjusted for liquidity).
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Mirobio Ltd Overview
Mirobio Ltd is a live company located in garsington, oxford, OX4 2HN with a Companies House number of 11609215. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in October 2018, it's largest shareholder is gilead sciences ireland unlimited company with a 100% stake. Mirobio Ltd is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Mirobio Ltd Health Check
Pomanda's financial health check has awarded Mirobio Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mirobio Ltd
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 37 employees, this is similar to the industry average (37)
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- - Industry AVG
Pay Structure
on an average salary of £303.6k, the company has a higher pay structure (£72.6k)
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 75 weeks, this is more cash available to meet short term requirements (37 weeks)
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.3%, this is a higher level of debt than the average (52.2%)
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- - Industry AVG
MIROBIO LTD financials
Mirobio Ltd's latest turnover from December 2022 is 0 and the company has net assets of £7 million. According to their latest financial statements, Mirobio Ltd has 41 employees and maintains cash reserves of £7.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Jul 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | -11,608,518 | -32,468,910 | -11,769,396 | -5,929,473 | -1,689,725 |
| Interest Payable | 24,582 | 50,862 | 0 | 222,200 | 91,809 |
| Interest Receivable | 57,154 | 1,828 | 251 | 6,257 | 0 |
| Pre-Tax Profit | -11,575,946 | -32,517,944 | -11,769,145 | -6,145,416 | -1,781,534 |
| Tax | 640,847 | 3,999,213 | 1,910,327 | 1,252,501 | 256,114 |
| Profit After Tax | -10,935,099 | -28,518,731 | -9,858,818 | -4,892,915 | -1,525,420 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -10,935,099 | -28,518,731 | -9,858,818 | -4,892,915 | -1,525,420 |
| Employee Costs | 3,948,928 | 11,234,386 | 2,525,910 | ||
| Number Of Employees | 41 | 37 | 29 | 16 | 5 |
| EBITDA* | -11,459,169 | -32,290,393 | -11,595,793 | -5,858,011 | -1,689,725 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Jul 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,492,892 | 1,218,472 | 1,058,370 | 417,693 | 92,833 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,492,892 | 1,218,472 | 1,058,370 | 417,693 | 92,833 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 54 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,853,669 | 4,241,131 | 2,282,962 | 1,487,349 | 297,077 |
| Cash | 7,738,267 | 40,373,010 | 11,007,836 | 9,365,527 | 4,917,985 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,591,936 | 44,614,141 | 13,290,798 | 10,852,876 | 5,215,116 |
| total assets | 16,084,828 | 45,832,613 | 14,349,168 | 11,270,569 | 5,307,949 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 552,691 | 143,294 | 1,257,703 | 653,157 | 111,557 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,366,625 | 27,814,798 | 2,355,407 | 254,167 | 98,437 |
| total current liabilities | 8,919,316 | 27,958,092 | 3,613,110 | 907,324 | 209,994 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 166,017 | 147,540 | 143,854 | 3,151,878 | 1,420,689 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 166,017 | 147,540 | 143,854 | 3,151,878 | 1,420,689 |
| total liabilities | 9,085,333 | 28,105,632 | 3,756,964 | 4,059,202 | 1,630,683 |
| net assets | 6,999,495 | 17,726,981 | 10,592,204 | 7,211,367 | 3,677,266 |
| total shareholders funds | 6,999,495 | 17,726,981 | 10,592,204 | 7,211,367 | 3,677,266 |
| Dec 2022 | Jul 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -11,608,518 | -32,468,910 | -11,769,396 | -5,929,473 | -1,689,725 |
| Depreciation | 149,349 | 178,517 | 173,603 | 71,462 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | 640,847 | 3,999,213 | 1,910,327 | 1,252,501 | 256,114 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,570,707 | 1,958,169 | 795,613 | 1,190,218 | 297,131 |
| Creditors | -705,012 | -1,114,409 | 604,546 | 541,600 | 111,557 |
| Accruals and Deferred Income | 6,011,218 | 25,459,391 | 2,101,240 | 155,730 | 98,437 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -10,082,823 | -5,904,367 | -7,775,293 | -5,098,398 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 22,163 | 3,686 | -3,008,024 | 1,731,189 | 1,420,689 |
| share issue | |||||
| interest | 32,572 | -49,034 | 251 | -215,943 | -91,809 |
| cash flow from financing | 7,397,125 | 35,608,160 | 10,231,882 | 9,942,262 | 6,531,566 |
| cash and cash equivalents | |||||
| cash | -3,269,569 | 29,365,174 | 1,642,309 | 4,447,542 | 4,917,985 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,269,569 | 29,365,174 | 1,642,309 | 4,447,542 | 4,917,985 |
mirobio ltd Credit Report and Business Information
Mirobio Ltd Competitor Analysis
Perform a competitor analysis for mirobio ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other young companies, companies in OX4 area or any other competitors across 12 key performance metrics.
mirobio ltd Ownership
MIROBIO LTD group structure
Mirobio Ltd has no subsidiary companies.
Ultimate parent company
GILEAD SCIENCES INC
#0135210
GILEAD SCIENCES IRELAND UNLIMITED COMPAN
IE259755
2 parents
MIROBIO LTD
11609215
mirobio ltd directors
Mirobio Ltd currently has 4 directors. The longest serving directors include Dr Deborah Harland (Aug 2019) and Ms Janet Dorling (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Deborah Harland | United Kingdom | 64 years | Aug 2019 | - | Director |
| Ms Janet Dorling | United Kingdom | 50 years | Dec 2022 | - | Director |
| Mr John Jorden | United Kingdom | 40 years | Dec 2022 | - | Director |
| Mr Thomas Kennedy | United Kingdom | 45 years | Mar 2023 | - | Director |
P&L
December 2022turnover
0
0%
operating profit
-11.6m
-1%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
7m
-0.34%
total assets
16.1m
+0.12%
cash
7.7m
-0.3%
net assets
Total assets minus all liabilities
mirobio ltd company details
company number
11609215
Type
Private limited with Share Capital
industry
72110 - Research and experimental development on biotechnology
incorporation date
October 2018
age
6
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
2nd floor,, 9400 oxford business park, garsington, oxford, OX4 2HN
accountant
-
auditor
ERNST & YOUNG LLP
mirobio ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to mirobio ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
mirobio ltd Companies House Filings - See Documents
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