Ubc Late Stage (UK) Limited
Registered name: UBC LATE STAGE (UK) LIMITED
Part of United Biosource Holding (UK) Limited groupUbc Late Stage (UK) Limited made £497k profit in the year to 31 Dec 2025 (revenue not disclosed).
Ubc Late Stage (UK) Limited reported £497k profit in the year to 31 Dec 2025, up 8% on the year before; its revenue was not disclosed. It had 90 employees. The company is classified under “research and experimental development on biotechnology” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 17 yrs · since 2008
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company is United BioSource Holding (UK) Limited. Their registered address is 12 New Fetter Lane, London, EC4A 1JP.”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Cost of sales | £6.8m | £7.8m | £10.3m | £12.4m |
| Profit before tax | £424k | £500k | £633k | £743k |
| Profit after tax | £304k | £332k | £461k | £497k |
| Profit (best available) | £304k | £332k | £461k | £497k |
| Staff costs | — | £7.3m | £9.2m | £11.2m |
| Employees (average) | 58 | 73 | 86 | 90 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Profit per employee | £5.2k | £4.5k | £5.4k | £5.5k |
| Growth (year on year) | ||||
| Profit growth | — | ▲9.1% | ▲38.9% | ▲7.8% |
| Headcount growth | — | ▲25.9% | ▲17.8% | ▲4.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £107k | £124k | £178k | £260k |
| Net assets | £5m | £5.3m | £5.8m | £6.2m |
| Fixed assets | £438k | £449k | £417k | £325k |
| Current assets | £6.6m | £7.3m | £8.1m | £10.3m |
| Debtors | £66.5k | £320k | £237k | £45.8k |
| Deferred income | £751k | £1.1m | £1.8m | £2.7m |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £5.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- ▲9%
- Now £6.2m
- Cash at bank
- ▲46%
- Now £260k
- Headcount
- ▲5%
- Now 90
- Deferred income
- ▲50%
- Now £2.7m
- Fixed assets
- ▼22%
- Now £325k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- United Biosource Holding (UK) Limitedultimate parent75–100%
- Ubc Late Stage (UK) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £497k), from the Companies House accounts bulk data published Sep 2026. 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.