BIOCAPTIVA LIMITED

🏛️Establishedactive

SC609101 · ltd · incorporated 2018-09-25

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window opening · medium confidence

More negotiable than before — 1 signals weakening over the last 30 days.

· Hygiene score: 90 → 85

What changed my view

Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

↓Hygiene score: 90 → 85

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Research and experimental development on biotechnology

Sector: Professional, scientific & technical

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 1.9y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Newest facility, 1.9 years old — likely still in initial term.
· Single lender — cleanest path to refinance.
· Legal-friction score 23/100 — clean.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

9 officers (5 active, 9 linked, 8 with DOB)

Ownership & PSC

0 active PSC(s) of 3 total, 3 with control declared

Director network

6 connected companies via shared directors

Filing history

50 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	11	900

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 incorporation
• 1 resolution

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2026-06-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-17
➖
ARMSTRONG, Frank, Dr resigned
director
2026-02-10
📄
memorandum-articles
incorporation · MA
2026-02-10
📄
resolution
resolution · RESOLUTIONS
2026-02-10
📄
capital-allotment-shares
capital · SH01
2025-12-23
📄
accounts-with-accounts-type-small
accounts · AA
2025-05-02
📄
resolution
resolution · RESOLUTIONS
2025-01-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-06
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-01-01
➕
SCHAFER, Alan John, Dr appointed
director
2024-12-31
➖
THORNTONS LAW LLP resigned
corporate-secretary
2024-12-12
📄
accounts-with-accounts-type-small
accounts · AA
2024-11-19
📄
resolution
resolution · RESOLUTIONS
2024-11-18
📄
memorandum-articles
incorporation · MA
2024-09-24
📄
capital-allotment-shares
capital · SH01
2024-09-04
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-21
🔒
Charge registered #1
Lender: Hsbc Innovation Banking
2024-03-12
📄
capital-alter-shares-subdivision
capital · SH02
2024-03-12
📄
resolution
resolution · RESOLUTIONS
2023-12-14
📄
accounts-with-accounts-type-small
accounts · AA
2023-08-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-08-10
➖
AITMAN, Timothy John resigned
director
2022-12-20
📄
accounts-with-accounts-type-small
accounts · AA
2022-06-21
📄
capital-allotment-shares
capital · SH01
2022-04-01
➕
WILLIAMSON, Alison Jane appointed
director
2021-04-01
➕
ARMSTRONG, Frank, Dr appointed
director
2021-03-31
➕
LITTLE, Stephen appointed
director
2020-06-12
➖
CLARK, Alan George resigned
director
2020-05-01
➕
WHEELER, Jeremy appointed
director
2018-09-25
🏢
Company incorporated
As BIOCAPTIVA LIMITED
2018-09-25
➕
BRADLEY, Mark, Professor appointed
director
2018-09-25
➕
THORNTONS LAW LLP appointed
corporate-secretary
2018-09-25
➕
AITMAN, Timothy John appointed
director
2018-09-25
➕
CLARK, Alan George appointed
director

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

50/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 low

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Professional services · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CHARLES RIVER LABORATORIES EDINBURGH LIMITED→ SC091725 · est 1985	£131.60M £96.97M–£166.24M	£135.39M	—	135900	41y	85	67y
ROBERTSON EDUCATION (ABERDEENSHIRE) HOLDINGS LIMITED→ SC209010 · est 2000	£5.47M £4.03M–£6.91M	—	—	0	25y	85	60y
DSF (2003) LIMITED→ SC144009 · est 1993	£4.70M £3.46M–£5.93M	—	—	7	33y	87	61y
FCC (EAST AYRSHIRE) HOLDINGS LIMITED→ SC300470 · est 2006	£3.99M £2.94M–£5.03M	—	—	0	20y	87	60y
NWH HOLDINGS LIMITED→ SC303441 · est 2006	£3.67M £2.70M–£4.64M	—	—	373	20y	88	61y
BLYTH & BLYTH CONSULTING ENGINEERS LIMITED→ SC241155 · est 2002	£2.78M £2.05M–£3.52M	—	—	93	23y	87	85y
SIBCAS LIMITED→ SC052604 · est 1973	£1.88M £1.39M–£2.38M	—	—	165	53y	88	68y
HORIZON (GP) LIMITED→ SC493523 · est 2014	£45.2k £33.3k–£57.1k	—	—	6	11y	95	66y
3 ED HOLDINGS 2 LIMITED→ SC328040 · est 2007 · no financials extracted	—	—	—	—	18y	83	65y
ACCOUNTING & TAXATION SERVICE LTD→ SC360357 · est 2009 · no financials extracted	—	—	—	—	17y	83	58y
BRINDLEY ASSOCIATES LIMITED→ SC290803 · est 2005	—	—	—	1300	20y	83	59y
CALECON (HOLDINGS) LIMITED→ SC325563 · est 2007	—	—	—	0	19y	83	64y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive

Typeltd

Incorporated2018-09-25

Jurisdictionscotland

Primary SIC72110 — Research and experimental development on biotechnology

Registered office

C/O Shepherd And Wedderburn Llp

9 Haymarket Square

Edinburgh

EH3 8FY

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-09-19

Last: 2025-09-05