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Laser Quantum Limited

02971383

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1, ORION BUSINESS PARK BIRD HALL LANE, STOCKPORT, SK3 0XG
Incorporated 27/09/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26701
Manufacture of optical precision instruments

Officers

Doctor Steve Haydn Lane

director · Since 19/12/1997

BUSINESS DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Doctor Steve Haydn Lane

secretary · Since 28/06/2002

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mr Robert John Buckley

director · Since 10/01/2017

DIRECTOR

AMERICAN · UNITED STATES · Age 52

Also on 1 other board

Mr. Christopher Mark Glennon

director · Since 15/07/2025

GROUP FINANCIAL CONTROLLER

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Novanta Technologies Uk Ltd

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

Unit 1, Orion Business Park, Bird Hall Lane, Stockport, SK3 0XG

Reg: 01041317 · Uk · Company Limited By Shares

Notified 10/01/2017

Charges0 outstanding

charge
satisfied

MANCHESTER SCIENCE PARK LIMITED

Created 07/07/1999Registered 23/07/1999Satisfied 22/04/2010
charge
satisfied

TSB BANK PLC

Created 08/10/1997Registered 15/10/1997Satisfied 14/07/2001
charge
satisfied

MANCHESTER SCIENCE PARK LIMITED

Created 30/06/1997Registered 07/07/1997Satisfied 21/07/1999
charge
satisfied

ALAN RAYMOND WOODS

Created 04/10/1996Registered 08/10/1996Satisfied 09/12/1997

CompanyRankvs 500+ SIC 26701 peers
68

Financial strength72th percentile among SIC peers · 18/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.56× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/12/2024

Turnover

£8.5M

Annual revenue

Net Worth

£169k

Balance sheet strength

Cash

£104k

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

£169k

Working capital

Current Assets

£235k

Current Liabilities

£66k

Debtors

£131k

Cost of Sales

£6.7M

Gross Profit

£1.8M

Admin Expenses

£7k

Operating Profit

£1.8M

Profit After Tax

£1.3M

3avg. employees-187

Tax at Year End

Dividends paid£25.6M

People Costs(2023)

Wages & salaries£8.7M
NI contributions£777k

Balance Sheet

Assets less current liabilities£169k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.56-£24.2M
20233.93+£10.0M
20222.60+£4.8M
20212.37-£2.4M
20205.65+£1.5M
20193.33

Derived from filed accounts. Not audited figures.