VERICI DX PLC
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Cash
£2.5m
USD 3,343,000
-17.7% vs 2024
Net assets
£4.8m
USD 6,505,000
+23.6% highest in 3 filed years
Employees
22
-4.3% vs 2024
Profit before tax
-£5.1m
USD -6,922,000
-17.8% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors believe that additional funding can be obtained to enable the Parent Company and the Group to continue in existence for a period of at least 12 months. However, there is no guarantee that sufficient cash inflows from the Fundraising or other sources will be forthcoming, representing a material uncertainty in relation to funding which may result in the Group not being a going concern.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £752,880 | £2,481,605 | £2,723,151 | +9.7% | |
| Operating profit | -£6,590,115 | -£4,538,090 | -£5,181,717 | -14.2% | |
| Profit before tax | -£6,491,267 | -£4,365,663 | -£5,144,556 | -17.8% | |
| Net profit | -£6,491,267 | -£4,365,663 | -£5,152,731 | -18% | |
| Cash | £1,965,812 | £3,018,209 | £2,484,578 | -17.7% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £2,644,370 | £3,913,043 | £4,834,634 | +23.6% | |
| Equity | £2,644,370 | £3,913,043 | £4,834,634 | +23.6% | |
| Average employees | 19 | 23 | 22 | -4.3% | |
| Wages | £2,256,410 | £2,605,723 | £2,882,943 | +10.6% | |
| Directors' remuneration | £486,808 | £377,005 | £386,214 | +2.4% |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | -182.9% | -190.3% | |
| Net margin | — | -175.9% | -189.2% | |
| Gearing (liabilities / total assets) | 52.2% | 29.7% | 18.1% | |
| Current ratio | 1.14x | — | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- VERICI DX PLC 2020-09-09 → present
- VERICI DX LIMITED 2020-04-22 → 2020-09-09
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors believe that additional funding can be obtained to enable the Parent Company and the Group to continue in existence for a period of at least 12 months. However, there is no guarantee that sufficient cash inflows from the Fundraising or other sources will be forthcoming, representing a material uncertainty in relation to funding which may result in the Group not being a going concern.”
Group structure
- VERICI DX PLC · parent
- Verici Dx Inc 100%
Significant events
- “Earlier this month (post-period end) we concluded an equity fundraise which generated gross proceeds of £2.6m.”
- “As announced on 12 June 2026, the Parent Company completed an equity fundraise of gross £2.6m (the "Fundraising") being subject to shareholder approval in General Meeting to approve the issue of shares. This approval was granted on 22 June 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDERSON, David Mark | Secretary | 2024-03-28 | — | — |
| BAINES, Julian Huw | Director | 2020-04-22 | Jun 1964 | British |
| BARRINGTON, Sara Jane | Director | 2020-08-19 | Aug 1967 | British |
| CARRUTHERS, Ian James, Sir | Director | 2020-08-19 | Jan 1951 | British |
| GALLON, Lorenzo, Dr | Director | 2021-08-18 | Nov 1964 | American |
| POWELL, Aubrey Richard | Director | 2025-10-06 | Jul 1971 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAMIR, Salim Gulamabbas | Secretary | 2020-04-22 | 2024-03-28 |
| LIUM, Erik Kristian, Dr | Director | 2020-08-19 | 2025-10-06 |
| MCCULLOUGH, James | Director | 2020-04-22 | 2026-03-31 |
| MURPHY, Barbara Therese, Dr | Director | 2020-04-22 | 2021-06-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Renalytix Ai Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-04-22 | Ceased 2020-11-03 |
Filing timeline
Last 20 of 63 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-06 RESOLUTIONS Resolution
- 2025-08-04 RESOLUTIONS Resolution
- 2025-06-03 RESOLUTIONS Resolution
- 2024-07-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-20 | AA | accounts | Accounts with accounts type group | |
| 2026-07-06 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-26 | SH01 | capital | Capital allotment shares | |
| 2026-06-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-13 | RP04TM01 | officers | Second filing of director termination with name | |
| 2025-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-21 | SH01 | capital | Capital allotment shares | |
| 2025-08-21 | SH01 | capital | Capital allotment shares | |
| 2025-08-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-07 | AA | accounts | Accounts with accounts type group | |
| 2025-06-03 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-07 | AA | accounts | Accounts with accounts type group | |
| 2024-07-01 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-28 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 3
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.