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HAMMERSMITH MEDICINES RESEARCH LIMITED Financials

Company number
02779946Copy
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Registered office
44 Cumberland Avenue, London NW10 7EW
Incorporated
15/01/1993

Company snapshot

Status
Active
Employees
285 (2025)
Latest financial data
2025
Accounts type
Group

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2025.

Net Assets

£16.20M2025
-6.31%vs 2024

2024: £17.29M

Total Assets

£24.10M2025
-10.22%vs 2024

2024: £26.85M

Cash in Bank

£2.34M2025
-36.87%vs 2024

2024: £3.71M

Total Liabilities

£3.12M2025
-33.05%vs 2024

2024: £4.66M

Employees

2852025
-6vs 2024

2024: 291

In 2025, HAMMERSMITH MEDICINES RESEARCH LIMITED reported net assets of £16.20M. The same filing shows total assets of £24.10M, cash in bank of £2.34M and total liabilities of £3.12M. Reported headcount was 285 in 2025. Total Assets fell from £26.85M in 2024 to £24.10M in 2025 (-10.22%). Okredo holds filed figures for 2022–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£16.20M2025
-6.31%from £17.29M in 2024

Year-on-year change

Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures HAMMERSMITH MEDICINES RESEARCH LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£24.39M2023£16.20M2025
-33.6%vs 2023

-18.5% a year compound (CAGR)

Cash in Bank

£1.87M2023£2.34M2025
+25.6%vs 2023

+12.1% a year compound (CAGR)

Total Assets

£40.50M2023£24.10M2025
-40.5%vs 2023

-22.9% a year compound (CAGR)

Total Liabilities

£4.46M2023£3.12M2025
-30.1%vs 2023

-16.4% a year compound (CAGR)

Employees

30820232852025
-7.5%vs 2023-23

Biggest increase

Cash in Bank+25.6%

£1.87M in 2023 to £2.34M in 2025

Biggest decrease

Total Assets-40.5%

£40.50M in 2023 to £24.10M in 2025

HAMMERSMITH MEDICINES RESEARCH LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from HAMMERSMITH MEDICINES RESEARCH LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
67.20%2025

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
12.93%2025

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
75.22%2025

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
9.73%2025

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Revenue per employee
£86.57K2025

Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for HAMMERSMITH MEDICINES RESEARCH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2022202320242025
Net Assets£25.73M24.39M17.29M16.20M
Total Assets£41.81M40.50M26.85M24.10M
Cash in Bank£4.80M1.87M3.71M2.34M
Total Liabilities£4.25M4.46M4.66M3.12M
Employees291308291285

HAMMERSMITH MEDICINES RESEARCH LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has HAMMERSMITH MEDICINES RESEARCH LIMITED filed financial statements?

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Yes. Okredo holds filed figures for HAMMERSMITH MEDICINES RESEARCH LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did HAMMERSMITH MEDICINES RESEARCH LIMITED report in 2025?

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HAMMERSMITH MEDICINES RESEARCH LIMITED reported net assets of £16.20M for 2025. That compares with £17.29M in 2024, a change of -6.31%.

What total assets did HAMMERSMITH MEDICINES RESEARCH LIMITED report in 2025?

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HAMMERSMITH MEDICINES RESEARCH LIMITED reported total assets of £24.10M for 2025. That compares with £26.85M in 2024, a change of -10.22%.

What cash in bank did HAMMERSMITH MEDICINES RESEARCH LIMITED report in 2025?

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HAMMERSMITH MEDICINES RESEARCH LIMITED reported cash in bank of £2.34M for 2025. That compares with £3.71M in 2024, a change of -36.87%.

How many people does HAMMERSMITH MEDICINES RESEARCH LIMITED employ?

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HAMMERSMITH MEDICINES RESEARCH LIMITED reported 285 employees in 2025, compared with 291 in 2024.

How have HAMMERSMITH MEDICINES RESEARCH LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, HAMMERSMITH MEDICINES RESEARCH LIMITED's net assets fell by 33.6%, cash in bank rose by 25.6%, total assets fell by 40.5% and total liabilities fell by 30.1%. Net assets contracted at 18.5% a year across the two years to 2025, from £24.39M to £16.20M. Reported headcount went from 308 in 2023 to 285 in 2025 (-23).

Which years of HAMMERSMITH MEDICINES RESEARCH LIMITED financial data are available?

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Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.