LASER QUANTUM LIMITED
Operating as a subsidiary of Novanta Technologies UK Ltd, the company manufactures lasers and optical precision instruments.
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Cash
£104K
-98.1% vs 2023
Net assets
£169K
-99.3% vs 2023
Employees
3
-98.4% vs 2023
Profit before tax
£1.8M
-92.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Going-concern uncertainty disclosed
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £54,308,000 | £8,490,000 | -84.4% | |
| Operating profit | £23,763,000 | £1,789,000 | -92.5% | |
| Profit before tax | £24,476,000 | £1,837,000 | -92.5% | |
| Net profit | £21,304,000 | £1,341,000 | -93.7% | |
| Cash | £5,619,000 | £104,000 | -98.1% | |
| Total assets less current liabilities | £26,657,000 | £169,000 | -99.4% | |
| Net assets | £24,418,000 | £169,000 | -99.3% | |
| Equity | £24,418,000 | £169,000 | -99.3% | |
| Average employees | 190 | 3 | -98.4% | |
| Wages | £8,668,000 | — | — | |
| Directors' remuneration | £431,610 | £0 | -100% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 43.8% | 21.1% | |
| Net margin | 39.2% | 15.8% | |
| Return on capital employed | 89.1% | 1058.6% | |
| Current ratio | 3.93x | 3.56x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Clarke Nicklin LLP
- Audit opinion
- Unqualified (clean)
Significant events
- “On 1 January 2024, in order to simplify the Novanta UK reporting structure, the company transferred all operating assets and activities ('hive-up') to its immediate parent, Novanta Technologies UK Limited. Following this transfer, the company ceased trading and is expected to become dormant.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LANE, Steve Haydn, Doctor | Secretary | 2002-06-28 | — | British |
| BUCKLEY, Robert John | Director | 2017-01-10 | Apr 1974 | American |
| GLENNON, Christopher Mark, Mr. | Director | 2025-07-15 | Nov 1970 | British |
| LANE, Steve Haydn, Doctor | Director | 1997-12-19 | Feb 1971 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADAMSON, Duncan | Secretary | 1994-09-27 | 2002-06-28 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1994-09-27 | 1994-09-27 |
| CHARLTON, Andrew | Director | 2000-03-01 | 2017-01-10 |
| COX, Alan Michael | Director | 1997-12-19 | 2019-09-19 |
| GLASTRA, Matthijs | Director | 2013-12-12 | 2019-09-19 |
| GLOSTER, Lawrence Anthony William, Dr | Director | 1997-12-19 | 2025-07-15 |
| GREENWOOD, Mark, Dr | Director | 2001-12-12 | 2013-12-10 |
| KING, Terence Alan, Professor | Director | 1997-12-19 | 2006-11-08 |
| MARTIN, Philip | Director | 2017-01-10 | 2019-09-19 |
| PAIUTTA, Giampaolo | Director | 1994-09-27 | 1998-01-21 |
| YOUNG, Brian Samuel | Director | 2017-01-10 | 2019-09-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Novanta Technologies Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence (as firm) | 2017-01-10 | Active |
Filing timeline
Last 20 of 142 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-04-03 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-08-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-04-03 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-04-03 | SH20 | capital | Legacy | |
| 2024-04-03 | CAP-SS | insolvency | Legacy | |
| 2024-04-03 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-21 | AA | accounts | Accounts with accounts type full | |
| 2023-06-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-11-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-11-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-11-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.