# AUXETEC LIMITED (12925662)

> AUXETEC LIMITED is an active private limited company (company number 12925662) incorporated on 3 October 2020, registered in Leeds. Its registered activity is other research and experimental development on natural sciences and engineering (SIC 72190). Latest small accounts cover the period ending 31 October 2025, showing net assets of −£132k and cash of £404k, with 9 employees on average. Net assets fell 142% on the prior period (£316k).

- Status: Active
- Incorporated: 2020-10-03
- Registered office: Leeds, LS2 3AA
- SIC 72190: Other research and experimental development on natural sciences and engineering
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-10-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 77 comparable companies in Leeds (median £100, upper quartile £63k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | −£132k | £404k | £83k | £645k | — | — | 9 |
| 2024-10-31 | £316k | £409k | £42k | £40k | — | — | 7 |

current ratio 0.76; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-131,589 at 31 October 2025
- Net assets down 25% or more on the prior period: -141.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.76
- Cash at bank of £50,000 or more: Cash £404,471
- Incorporated five or more years ago: Incorporated 3 October 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- The University Of Leeds (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-10-11
- Northern Gritstone Limited (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-09-07

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12925662
HTML: https://firmoscan.com/company/12925662-auxetec-limited