{"name":"GLYCONICS LIMITED","company_number":"08742201","status":"Active","type":"Private Limited Company","incorporated":"2013-10-22","dissolved":null,"registered_office":"B4 Parkside Knowledge Gateway, Nesfield Road, Colchester, Essex, England, CO4 3ZL","postcode":"CO4 3ZL","sic_codes":[{"code":32500,"description":"Manufacture of medical and dental instruments and supplies"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":3,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":4143802,"cash":3157,"average_employees":3},{"financial_date":"2025-03-31","net_assets":3845337,"cash":28146,"average_employees":4},{"financial_date":"2024-09-30","net_assets":3868736,"cash":199643},{"financial_date":"2024-03-31","net_assets":3406070,"cash":216453},{"financial_date":"2023-03-31","net_assets":2333440,"cash":498265}],"officers":{"current":2,"resigned":11,"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":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/glyconics","people":"https://www.companiesintheuk.co.uk/company/glyconics/people","filing_history":"https://www.companiesintheuk.co.uk/company/glyconics/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/08742201","financials":"https://www.companiesintheuk.co.uk/company/glyconics/financial","control":"https://www.companiesintheuk.co.uk/company/glyconics/control","charges":"https://www.companiesintheuk.co.uk/company/glyconics/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/glyconics/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/glyconics"}