THORLABS LIMITED
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Cash
£18M
+109.2% highest in 3 filed years
Net assets
£55M
+22.9% highest in 3 filed years
Employees
345
+3.9% highest in 3 filed years
Profit before tax
£14M
+22.7% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £77,631,754 | £78,990,737 | £85,566,718 | +8.3% | |
| Operating profit | £10,583,787 | £11,274,732 | £13,735,335 | +21.8% | |
| Profit before tax | £10,602,832 | £11,384,676 | £13,966,907 | +22.7% | |
| Net profit | £8,051,180 | £8,707,649 | £10,215,429 | +17.3% | |
| Cash | £3,731,614 | £8,536,729 | £17,858,730 | +109.2% | |
| Total assets less current liabilities | £38,266,688 | £46,999,497 | £57,424,569 | +22.2% | |
| Net assets | £36,291,716 | £44,929,910 | £55,238,086 | +22.9% | |
| Equity | £36,291,716 | £44,929,910 | £55,238,086 | +22.9% | |
| Average employees | 323 | 332 | 345 | +3.9% | |
| Wages | £10,794,073 | £11,586,992 | £13,357,181 | +15.3% | |
| Directors' remuneration | — | — | — | — |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 13.6% | 14.3% | 16.1% | |
| Net margin | 10.4% | 11.0% | 11.9% | |
| Return on capital employed | 27.7% | 24.0% | 23.9% | |
| Gearing (liabilities / total assets) | — | 19.9% | 13.3% | |
| Current ratio | 4.40x | 3.81x | 6.64x |
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
- Consolidated group
- Auditor
- Streets Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties related to events or conditions that may cast significant doubt on ability to continue.”
Group structure
- THORLABS LIMITED · parent
- Thorlabs Elliptec GmbH 100%
Significant events
- “Planned Thorlabs Limited UK Headquarters expansion: In January 2022, the company acquired an additional plot of land adjacent to its main site. Thorlabs Limited has completed its current building extension design and secured planning approval to start construction of additional 70,000sqm operations facility in April 2026 within this plot.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DHESE, Keith, Dr | Secretary | 2011-11-17 | — | — |
| CABLE, Jennifer | Director | 2021-11-29 | Jun 1985 | American |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KIDD, Stephen Robert, Dr | Secretary | 2004-03-23 | 2007-10-31 |
| MILLS, Jason Matthew | Secretary | 2009-03-03 | 2011-11-17 |
| MYRICK, John Cater | Secretary | 2007-10-31 | 2009-03-02 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2004-03-23 | 2004-03-23 |
| CABLE, Alex | Director | 2004-03-23 | 2021-11-29 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2004-03-23 | 2004-03-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jennifer Cable | Individual | Significant influence | 2021-11-29 | Active |
| Mr Alex Cable | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 70 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-30 | AA | accounts | Accounts with accounts type group | |
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-27 | AA | accounts | Accounts with accounts type group | |
| 2025-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-24 | AA | accounts | Accounts with accounts type group | |
| 2024-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-10 | AA | accounts | Accounts with accounts type group | |
| 2023-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-14 | AA | accounts | Accounts with accounts type group | |
| 2022-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-12-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-01 | AP01 | officers | Appoint person director company with name date | |
| 2021-09-03 | AA | accounts | Accounts with accounts type group | |
| 2021-04-08 | CH01 | officers | Change person director company with change date | |
| 2021-04-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-25 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.