GLYCONICS LIMITED
Company number 08742201 · Monitor this company
Executive summary
Glyconics Limited is a pre-revenue, loss-making medical devices company that has funded approximately £3.28M in development costs through £5.16M of equity investment. The company is burning cash at an unsustainable rate without commercial income, with liquid resources declining from £848K to £200K over two years. Traditional credit facilities are not appropriate; the business model requires continued equity funding until commercialisation is achieved. Any lending would carry unacceptable repayment risk given the absence of operational cash generation and the speculative nature of the capitalised development assets.
Shareholders' funds
£5,694,819
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-10-22
- Employees
- 3 (2026 accounts · was 4 in 2025)
- Registered office
- B4 Parkside Knowledge Gateway, Nesfield Road, Colchester, Essex, England, CO4 3ZL
- Postcode
- CO4 3ZL
- Capital
- 441 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-01-05
- Next due by
- 2027-01-19
Nature of business (SIC)
- 32500 Manufacture of medical and dental instruments and supplies
Officers 2 current · 11 resigned
Previous registered addresses 3
| Address | Changed on |
|---|---|
| ST JOHN'S INNOVATION CENTRE COWLEY ROAD, CAMBRIDGE, CB4 0WS | 2019-02-18 |
| C/O BROOMFIELD & ALEXANDER LTD, CHARTER COURT PHOENIX WAY, ENTERPRISE PARK, SWANSEA, SA7 9FS | 2017-07-07 |
| BERRY SMITH LLP HAYWOOD HOUSE, DUMFRIES PLACE, CARDIFF, CF10 3GA, UNITED KINGDOM | 2014-07-10 |
Among its peers
Top 5%
by shareholders' funds, of 124 similar companies in CO — measured against the wider sector
Trading since 2013.
The class of 2013
23%
of the 530,509 companies incorporated in 2013 are still active today; 75% have since been dissolved.
A fact about the year, not a forecast for this company.