Lablogic Systems Limited

Lablogic Systems Ltd, based in Sheffield, UK, is a sizable company with a 38-year history, currently employing 74 people and holding assets valued at £19.86 million. The company, a holding company with an active status, generates £12.19 million in yearly revenue. It boasts a perfect 5.0 Google rating based on three reviews, and regularly imports and exports optical and medical tools and devices – 255 months of imports and 323 months of exports recorded. Six directors and one owner guide the company, which operates from a real address shared by three other companies.

The company’s website reveals a focus on life science, nuclear medicine, and radiation safety. Lablogic provides instruments, software, and services, including a novel software solution called Orla designed to mitigate errors in radiopharmaceutical production. They also highlight opportunities for career growth and showcase case studies demonstrating the benefits of their LIMS and instrument control systems. A section dedicated to upcoming events indicates a commitment to industry engagement.

Financially, Lablogic Systems Ltd shows some concerning trends. While cash bank holdings increased by 17% to £15 million, net assets only grew by 17% to £13 million. Bank borrowings increased by 18% to £45,000. Creditors also increased by 18% to £40,000. However, administrative expenses rose by nearly 5%, suggesting increased operational costs. The company’s revenue decreased by 12% to £12 million. The company’s net loss deepened by 33% to £1.9 million. The lack of an auditor mentioned suggests the company is exempt from an audit. Despite these challenges, Lablogic’s focus on specialized equipment and software, combined with its established reputation, suggests a potential for future stability.

Registered in England/Wales under the registration number 02062398, with a registered address at S9 1XH, England, Sheffield, South Yorkshire, Innovation House, 6 Europa View.

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