{"name":"EXHALATION TECHNOLOGY LTD","company_number":"04720331","status":"In Administration","type":"Private Limited Company","incorporated":"2003-04-02","dissolved":null,"registered_office":"Dencora Court, 2, Meridian Business Park, Norwich, Norfolk, NR7 0TA","postcode":"NR7 0TA","sic_codes":[{"code":86900,"description":"Other human health activities"}],"principal_activity":null,"previous_names":[{"name":"EQUINE HEALTHCARE LIMITED","changed_on":"2010-09-03"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 July","last_made_up_to":"2025-07-31","next_due":"2027-04-30"},"employees":{"count":6,"accounts_date":"2025-07-31"},"financials":[{"financial_date":"2025-07-31","profit_loss":-495088,"net_assets":-110751,"cash":158049,"average_employees":6},{"financial_date":"2024-07-31","profit_loss":-486597,"net_assets":265624,"cash":73606,"average_employees":5},{"financial_date":"2023-07-31","net_assets":135590,"cash":156304},{"financial_date":"2019-07-31","net_assets":-3095340,"cash":1894415},{"financial_date":"2018-07-31","net_assets":-1236791,"cash":982423}],"officers":{"current":5,"resigned":15,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2026-10-06","kind":"other"}],"insolvency_outcome":null,"ai_summary":"Exhalation Technology Ltd is in critical condition: the company has entered administration, is balance-sheet insolvent with net liabilities of £110,751, and holds only £158,049 of cash against £507,666 of debts due within one year. After 22 years and roughly £14M of invested capital consumed by R&D on breath-analysis diagnostics, the business remained dependent on investor funding that has now failed, and its residual value lies almost entirely in its intellectual property. The most likely outcome is a sale of the technology by the administrators, with shareholders facing a near-total loss and creditors likely to recover only a modest portion of their claims.","website":"https://exhalationtechnology.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/exhalation-technology","people":"https://www.companiesintheuk.co.uk/company/exhalation-technology/people","filing_history":"https://www.companiesintheuk.co.uk/company/exhalation-technology/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04720331","financials":"https://www.companiesintheuk.co.uk/company/exhalation-technology/financial","gazette":"https://www.companiesintheuk.co.uk/company/exhalation-technology/gazette","control":"https://www.companiesintheuk.co.uk/company/exhalation-technology/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/exhalation-technology/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/exhalation-technology"}