Laser Quantum Limited
02971383
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/12/1997
BUSINESS DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 1 other board
secretary · Since 28/06/2002
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
director · Since 10/01/2017
DIRECTOR
AMERICAN · UNITED STATES · Age 52
Also on 1 other board
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
Unit 1, Orion Business Park, Bird Hall Lane, Stockport, SK3 0XG
Reg: 01041317 · Uk · Company Limited By Shares
Notified 10/01/2017
Charges0 outstanding
MANCHESTER SCIENCE PARK LIMITED
TSB BANK PLC
MANCHESTER SCIENCE PARK LIMITED
ALAN RAYMOND WOODS
CompanyRankvs 500+ SIC 26701 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End
People Costs(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.56 | -£24.2M |
| 2023 | 3.93 | +£10.0M |
| 2022 | 2.60 | +£4.8M |
| 2021 | 2.37 | -£2.4M |
| 2020 | 5.65 | +£1.5M |
| 2019 | 3.33 | — |
Derived from filed accounts. Not audited figures.