Applied Photonics Ltd

Applied Photonics Ltd, based in Skipton, UK, is a small, active company founded 26 years ago in 1998. It employs five people and holds £159,059 in assets, operating from a real address within a business park. With two directors and one owner, the company regularly imports and exports optical and medical tools and devices – a total of seven months of each activity recorded.

The company's website reveals a specialized focus: Laser-Induced Breakdown Spectroscopy (LIBS). Founded by Dr. Andrew Whitehouse, APL provides unique design modular LIBS instruments for laboratory use, as well as specialized installations for nuclear facilities. It's clear that APL caters to a niche market, offering both laboratory equipment and bespoke solutions for industries like nuclear power. The website also provides extensive background information on LIBS technology, suggesting a commitment to educating potential customers.

Financially, Applied Photonics Ltd presents a mixed picture. Current assets have decreased by 13% to £160,000, while net assets increased by 5% to £190,000. Bank borrowings have increased significantly by 170% to £16,000, and cash reserves have fallen sharply by 170% to -£27,000. Trade debtors have increased by 40% to £120,000, which could indicate a growth in sales but also potential issues with payment collection. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, consistent with its status as a small, exempt company.

Overall, Applied Photonics Ltd appears to be a specialized, technology-driven company facing some short-term financial challenges. The company's focus on a niche market and its expertise in LIBS technology could provide a foundation for long-term success, but it will need to manage its cash flow effectively to navigate these pressures.

Registered in England/Wales under the registration number 03617150, with a registered address at BD23 2DE, Skipton, North Yorkshire, Unit 8 Carleton Business Park, Carleton New Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.