Litron Lasers Limited

Litron Lasers Ltd, a family-owned business from Warwickshire, UK, has been designing and manufacturing lasers for 27 years. The company, currently active, employs 61 people and holds assets worth £8,694,900, generating a yearly revenue of £9,058,349. With five directors and four owners, it’s a well-established player in the optical and medical technology sector, regularly importing and exporting tools and devices.

The company’s website highlights its expertise in producing pulsed NdYAG lasers, PIV NdYAG lasers, and other specialized laser systems for research and industrial applications. It caters to a wide range of sectors, including scientific research, LCD semiconductor manufacturing, and surface processing. Litron Lasers also offers custom laser solutions, demonstrating flexibility and a focus on meeting specific client needs. The website is very detailed, with lots of information about the different types of lasers they offer.

Financially, Litron Lasers Ltd shows some interesting trends. While turnover increased by a modest 2.1%, net assets decreased by 10.8% to £7,800,000. Cash bank on hand fell significantly by 55% to £1,300,000, which could indicate increased investment or working capital needs. However, current assets increased by 4.4% to £8,700,000, suggesting improved liquidity. Creditors also increased by 1.4% to £670,000. The company’s average number of employees rose slightly by 3.3% to 63, indicating a growing workforce. The company’s tax expense increased by 280% to £180,000.

The company’s size—meeting two of three criteria for a medium-sized business—allows it to remain agile. The decrease in cash reserves, however, might be a cause for concern. The company's audit fees remained consistent at £12,000. The report doesn't mention an auditor by name, likely due to exemption as a medium-sized company. Overall, Litron Lasers Ltd appears to be a stable, family-run business, but the financial trends suggest it's navigating a changing market.

Registered in England/Wales under the registration number 03395353, with a registered address at CV21 1PB, Warwickshire, 8 Consul Road, Rugby.

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