LASER QUANTUM LIMITED

UNIT 1, ORION BUSINESS PARK BIRD HALL LANE, CHEADLE HEATH, STOCKPORT, SK3 0XG

Company Number: 02971383
Incorporation date: 27-Sep-1994
Status: Active
Entity type: Private Limited Company

SIC codes:
26701 Manufacture of optical precision instruments





SUMMARY

This company is 29.5 years old and is currently active. It is controlled by Novanta Technologies Uk Ltd. The company has positive equity (net assets) of GBP 14.5 million which has increased from GBP 9.6 million in the previous year. The latest reported revenue figure is GBP 48 million which is up 60% on previous year's figure of GBP 29.4 million. The company has 2 active officers (directors or partners) who are or were officers of 8 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 47,970,000 21,793,000 324,000 2,496,000 19,655,000
31-Dec-2021 GBP 29,431,000 11,104,000 221,000 1,270,000 9,635,000
31-Dec-2020 GBP 20,923,000 5,482,000 253,000 686,000 5,049,000
31-Dec-2019 GBP 28,516,000 10,567,000 567,000 1,343,000 9,038,000
31-Dec-2018 GBP 31,702,000 12,134,000 440,000 1,405,000 11,169,000
31-Dec-2017 GBP 37,821 15,521 478 1,810 14,189


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 6,029,000 19,508,000 7,493,000 1,000 511,000 13,951,000 14,464,000
31-Dec-2021 GBP 4,794,000 12,846,000 5,429,000 1,000 511,000 9,131,000 9,644,000
31-Dec-2020 GBP 6,647,000 12,172,000 2,155,000 1,000 511,000 11,496,000 12,009,000
31-Dec-2019 GBP 4,115,000 12,112,000 3,640,000 1,000 511,000 9,947,000 10,460,000
31-Dec-2018 GBP 6,945,000 46,767,000 2,856,000 1,000 511,000 44,871,000 45,384,000
31-Dec-2017 GBP 24,551 36,716 3,955 1,000 511,000 33,702,000 34,215,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Steve Haydn, Doctor LANE 28 Jun 2002 28 Mar 2024 British 6 - 0
Resigned Duncan ADAMSON 27 Sep 1994 28 Jun 2002 0 - 5

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Robert John BUCKLEY 10 Jan 2017 Director American 2 - 11 (33.3%)
Resigned Brian Samuel YOUNG 10 Jan 2017 19 Sep 2019 Director American 0 - 30 (0.0%)
Resigned Philip MARTIN 10 Jan 2017 19 Sep 2019 Director American 0 - 10 (0.0%)
Resigned Matthijs GLASTRA 12 Dec 2013 19 Sep 2019 Director Dutch 0 - 10 (0.0%)
Resigned Mark, Dr GREENWOOD 12 Dec 2001 10 Dec 2013 Director British 0 - 52 (40.0%)
Resigned Andrew CHARLTON 01 Mar 2000 10 Jan 2017 Director British 6 - 32 (22.2%)
Resigned Alan Michael COX 19 Dec 1997 19 Sep 2019 Technical Director British 1 - 10 (0.0%)
Active Steve Haydn, Doctor LANE 19 Dec 1997 Business Director British 6 - 00 (0.0%)
Active Lawrence Anthony William, Dr GLOSTER 19 Dec 1997 Chief Executive British 4 - 00 (0.0%)
Resigned Terence Alan KING 19 Dec 1997 08 Nov 2006 Chairman British 0 - 21 (50.0%)
Resigned SWIFT INCORPORATIONS LIMITED 27 Sep 1994 27 Sep 1994 3 - 8019934081 (42.5%)
Resigned Giampaolo PAIUTTA 27 Sep 1994 21 Jan 1998 Laser Engineer Italian 0 - 21 (50.0%)
Number of active directors: 3
Average tenure of active directors: 19.9 years
Average tenure of resigned directors: 8.2 years
Average active director Dissolution Rate: 11.1%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
NOVANTA TECHNOLOGIES UK LIMITED (01041317) - Active
LASER QUANTUM LIMITED (02971383) - Active
EMBANKMENT DEVELOPMENT MANAGEMENT SERVICES LIMITED (04257666) - Active
ZETTLEX (UK) LIMITED (06822548) - Active
NOVANTA UK INVESTMENTS HOLDING LIMITED (09027117) - Active
JKL NEWCO LIMITED (09484624) - Dissolved
POLLY BERR LIMITED (11135331) - Active
POLLY BERR PROPERTIES LIMITED (12231618) - Active
CASA TRAMONTO LIMITED (13192724) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2018-09-272017-09-272015-09-272014-09-272013-09-27
NOVANTA TECHNOLOGIES UK LTDORDINARY572
100%
432
75.5%
0
0%
0
0%
0
0%
STEVE H. LANEORDINARY0
0%
46
8.04%
111
19.4%
111
19.4%
111
19.6%
LAWRENCE A.W. GLOSTERORDINARY0
0%
46
8.04%
111
19.4%
111
19.4%
111
19.6%
ALAN M. COXORDINARY0
0%
46
8.04%
111
19.4%
111
19.4%
111
19.6%
ALBRECHT BARTELSORDINARY0
0%
2
0.350%
6
1.05%
6
1.05%
0
0%
GSI LUMONICS LTDORDINARY0
0%
0
0%
233
40.7%
233
40.7%
233
41.2%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

LASER QUANTUM LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


Title Date filed Status Publication number
Laser 2015-01-29 Awaiting Re-examination GB2534598
Laser system 2014-07-29 Granted GB2528705
Optical Apparatus comprising a gain medium and polarisation modifying apparatus 2008-01-07 Granted GB2456053
Laser cavity 2005-09-02 Terminated GB2429833
Laser Cavity 2001-10-30 Granted GB2385459

COMPETITORS

(Based on Sic code: 26701 Manufacture of optical precision instruments)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
OPTOS PUBLIC LIMITED COMPANY QUEENSFERRY HOUSE, CARNEGIE CAMPUS, DUNFERMLINE, FIFE, KY11 8GR SC139953 2018-03-31 113,900,000 30,200,000 28990-Manufacture of other special-purpose machinery not elsewhere classified
SPI LASERS UK LIMITED 3 WELLINGTON PARK, TOLLBAR WAY HEDGE END, SOUTHAMPTON, SO30 2QU 03290610 2018-06-30 78,683,000 7,575,000
ANDOR TECHNOLOGY LIMITED 7 MILLENNIUM WAY, SPRINGVALE BUSINESS PARK, BELFAST, BT12 7AL NI022466 2018-03-31 63,587,000 7,016,000
NEWPORT SPECTRA-PHYSICS LIMITED UNITS 3-4 COWLEY WAY, WESTON ROAD, CREWE, CHESHIRE, ENGLAND, CW1 6AG 02096856 2017-12-31 9,094,138 0
OPHTHALMOS LIMITED 33 CHILWORTH MEWS, LONDON, W2 3RG 04299001 2018-12-31 46,767 0
CASENCIA LIMITED 22 WESTGATE, NEWMINSTER PARK, MORPETH, NORTHUMBERLAND, NE61 2BH 05438425 2018-04-30 0 0 41100-Development of building projects
72190-Other research and experimental development on natural sciences and engineering
OXFORD OPTICS LIMITED 29 HARBORD ROAD, OXFORD, OXFORDSHIRE, OX2 8LH 05565200 2018-09-30 0 0 33130-Repair of electronic and optical equipment
71122-Engineering related scientific and technical consulting activities
72190-Other research and experimental development on natural sciences and engineering

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
LASER QUANTUM LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public