Having started trading in 2020 with four shareholders, Liverpool City Council, Liverpool John Moores University, the University of Liverpool and Bruntwood SciTech, Sciontec’s total turnover for both companies reached £3.4m (2023: £3.3m) with its pre tax ‘group’ profits totalling £331,000 (2023: £131,000). 

Its property investment value also increased from £13.8m in 2023 to £15.5m for 2024. 

In the current financial year (2025), which saw the ownership of Sensor City Liverpool Limited transfer to Sciontec and be relaunched as CENTRAL TECH, it is forecasting further growth in turnover and profitability. 

Sciontec operates its all-inclusive Serviced Space product, Sciontec AI, in The Spine at Paddington Village, owns the three Liverpool Science Park buildings and launched CENTRAL TECH near to Lime Street Station in KQ Liverpool in May this year. 

Sciontec was also named ‘Developer of the Year’ for the second time at last week’s Insider Media Liverpool City Region Property Awards.

Chair of Sciontec and Vice-Chancellor at LJMU, Professor Mark Power, said:

“This is another impressive set of results for Sciontec, which is still a relatively new business. Liverpool Science Park is thriving and the transformation of Sensor City into CENTRAL TECH is proving to be a great success, with further exciting plans to be announced in the coming year.”

CEO of Sciontec and KQ Liverpool, Colin Sinclair, added:

“Our team works tirelessly to create and maintain the perfect environment for businesses to grow. From the one person tech start-up to the multinational life sciences company. 

“Even in a tough economic climate there is opportunity – for both us and for our customers – and together we are transforming the commercial property landscape in Liverpool, making it a better place to work, start up, scale up and run a business. 

“As we head into 2026 we are bringing forward even more exciting plans, including our new office and lab development, HEMISPHERE on Paddington Village, which includes much needed new bio labs.”