Laser Quantum Limited

Laser Quantum Limited, based in Stockport, UK, is a large, active company founded 30 years ago. With 169 employees and £21.28 million in assets, it’s a significant player in the optical and medical technology sector, boasting a yearly revenue of £54.308 million. The company, holding status, has four directors and one owner, and maintains a perfect 5.0 Google rating based on two reviews. It regularly imports and exports optical and medical tools and devices, with a history of 264 months of imports and 204 months of exports. Novanta Technologies Uk Ltd owns Laser Quantum Limited.

The company operates in the manufacture of optical precision instruments. Its real address is SK3 0XG, United Kingdom, Stockport, Unit 1, Orion Business Park Bird Hall Lane, Cheadle Heath. It’s a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250. The last reported current assets is £21,280,000, and the revenue is £54,308,000.

Laser Quantum’s website details a broad range of capabilities, from material processing and digital converting to medical and scientific research. It offers laser beam steering, controllers, and software, catering to industries like manufacturing, processing, converting, packaging, labeling, energy, medical, and scientific research. The site highlights engineered solutions for specific applications, including material testing, and provides resources like whitepapers, articles, and documentation. The company also offers customer support, FAQs, and corporate citizenship information.

Financially, Laser Quantum Limited shows some interesting trends. Accrued liabilities deferred income decreased by 9.2%, while accumulated amortisation impairment intangible assets increased by 50.0%. Administrative expenses rose by 13.0%, and the company’s average number of employees increased by 12.0%. Cash bank on hand fell by 6.8%, and dividends paid dropped significantly by 23.0%. Total assets less current liabilities increased by 73.0%, and the company’s net assets grew by 69.0%. The company’s net loss deepened from -£10,000 to -£23,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. The company’s trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms.

The company's financial data, audited by Clarke Nicklin LLP, suggests a period of transition or investment. The increase in administrative expenses and the decrease in cash reserves could indicate expansion or increased operating costs. The rise in trade debtors might reflect a shift in payment terms or challenges in collecting receivables. However, the growth in total assets and net assets suggests overall financial health, even if there are some short-term pressures.

Registered in England/Wales under the registration number 02971383, with a registered address at SK3 0XG, United Kingdom, Stockport, Unit 1, Orion Business Park Bird Hall Lane, Cheadle Heath.

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