How much does CN Bio Innovations Limited make?

CN Bio Innovations Limited reported revenue of £2.1m and a loss of £4.1m in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does CN Bio Innovations Limited have?

CN Bio Innovations Limited reported an average of 45 employees in the year to 31 Dec 2022.

Is CN Bio Innovations Limited profitable?

No — CN Bio Innovations Limited reported a loss of £4.1m in the year to 31 Dec 2022.

Company No. 06517359 · Incorporated 28 Feb 2008

CN Bio Innovations Limited

Registered name: CN BIO INNOVATIONS LIMITED

CN Bio Innovations Limited made £2.1m revenue and a £4.1m loss in the year to 31 Dec 2022.

CN Bio Innovations Limited’s revenue grew 27% to £2.1m in the year to 31 Dec 2022, with a loss of £4.1m and 45 employees. The company is classified under “manufacture of electronic measuring, testing etc. equipment, not for industrial process control” and is based in Cambridge; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26511Manufacture of electronic measuring, testing etc. equipment, not for industrial process control SIC 72110Research and experimental development on biotechnology

Status: Active
Location: Cambridge, East of England
Age: 18 yrs · since 2008
Type: Private Limited Company

Latest accounts · year to 31 Dec 2022

Key figures

Independent

Revenue

£2.1m

Growth ▲27.4%

Profit

−£4.1m

Growth —

Profit margin

−193.3%

Gross 40%

Employees

Change ▲25%

Profit / employee

−£91.6k

Revenue/employee £47.4k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.7m	£2.1m
Cost of sales	£916k	£1.3m
Gross profit	£785k	£853k
Operating profit	−£3m	−£3.9m
Profit before tax	−£3m	−£4.1m
Profit after tax	−£3m	−£4.1m
Profit (best available)	−£3m	−£4.1m
Employees (average)	36	45
Ratios
Profit margin	−180.2%	−193.3%
Gross margin	46.9%	40%
Revenue per employee	£46.5k	£47.4k
Profit per employee	−£83.7k	−£91.6k
Growth (year on year)
Revenue growth	—	▲27.4%
Headcount growth	—	▲25%
Balance sheet — indirect signals, not revenue
Cash at bank	£249k	£3.4m
Net assets	£932k	−£1.5m
Fixed assets	£958k	£1.1m
Current assets	£1.5m	£4.9m
Debtors	£539k	£487k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: −193.3%; Profit ÷ revenue.
Gross margin: 40%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £47.4k; Revenue ÷ average employees.
Profit per employee: −£91.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 50.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼260%; Now −£1.5m
Cash at bank: ▲1267%; Now £3.4m
Headcount: ▲25%; Now 45
Deferred income: —; Now —
Fixed assets: ▲12%; Now £1.1m

Corporate ownership

Group structure

Subsidiaries (1)

28 North Discovery LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit −£4.1m), from the Companies House accounts bulk data published Dec 2023. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.