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Cash

£12m

-54.4% lowest in 3 filed years

Net assets

£43m

+1% vs 2024

Employees

168

-2.9% vs 2024

Profit before tax

£10m

-5.7% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £85,427,000£93,486,000£97,790,000 +4.6%
Operating profit £9,288,000£7,828,000£7,299,000 -6.8%
Profit before tax £12,147,000£11,070,000£10,434,000 -5.7%
Net profit £11,635,000£11,031,000£10,205,000 -7.5%
Cash £25,778,000£25,266,000£11,527,000 -54.4%
Total assets less current liabilities —£46,441,000£45,644,000 -1.7%
Net assets £48,463,000£42,605,000£43,042,000 +1%
Equity £48,463,000£42,605,000£43,042,000 +1%
Average employees 166173168 -2.9%
Wages £8,970,000£9,850,000£10,183,000 +3.4%
Directors' remuneration —£113,000£190,000 +68.1%
Highest paid director £123,000£113,000£138,000 +22.1%

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 10.9%8.4%7.5%
Net margin 13.6%11.8%10.4%
Return on capital employed —16.9%16.0%
Gearing (liabilities / total assets) 27.9%65.1%64.8%
Current ratio 2.48x2.14x2.12x
Interest cover 3.01x2.61x2.36x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation

  1. LEICA MICROSYSTEMS (UK) LIMITED 1997-09-05 → present
  2. LEICA UK LIMITED 1990-08-01 → 1997-09-05
  3. WILD LEITZ UK LIMITED 1989-08-21 → 1990-08-01
  4. E. LEITZ (INSTRUMENTS) LIMITED 1949-12-30 → 1989-08-21

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Accordingly, the financial statements have been prepared on the going concern basis.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 28 resigned

Name Role Appointed Born Nationality
BEYLOUNI, Walid Director 2025-03-01 Feb 1975 French
EDWARDS, David Lawrence Director 2007-03-31 Apr 1965 British
SMITH, Simon John Davis Director 2025-09-03 Feb 1969 British
Show 28 resigned officers
Name Role Appointed Resigned
ADAMS, Andrew John Secretary 1998-07-08 2005-04-01
CONCANNON, Mark Stephen Secretary 1996-12-04 1998-01-06
DAVIS, Trevor Edmund Secretary 1993-10-18 1996-04-01
EDWARDS, David Lawrence Secretary 2005-04-01 2019-02-01
POCOCK, Maxwell David Secretary 1998-01-06 1998-07-08
STEWART, Paula Jane Secretary — 1993-10-18
STOCKWIN, Andrew Charles Secretary 1996-04-01 1996-12-04
BUCKLEY, John Douglas Director 1994-02-01 2006-12-31
CONCANNON, Mark Stephen Director 1994-02-01 1998-01-06
COOPER, John Director 2004-12-01 2007-03-31
DAVIS, Colin Ernest Director 2005-09-22 2014-11-28
HUGHES, Colin Marshall Director 2015-10-01 2017-05-10
HUMES, Andrew John Director 2017-05-10 2019-12-31
LIMBERGER, Markus Director 2020-05-31 2022-08-31
MATUK, Thelma Director 2002-08-15 2003-11-24
MEILI, Jurg Thomas, Dr Director — 1993-12-06
MÜLLER, Knud, Mr. Director 2012-09-01 2015-10-01
NEWELL, Paul David Director 2020-06-26 2025-08-15
PETERS, Ronald Marcel, Director Director 2010-09-01 2011-12-31
POCOCK, Maxwell David Director 1997-04-10 2002-08-15
REUTER, Wolf Otto Director 2005-09-21 2010-03-31
ROBINSON, Michelle Elizabeth Director 2008-10-31 2012-04-27
ROGERS, Michael Edward Director 1990-12-01 1994-02-01
SCHWENK, Harald, Mr. Director 2014-11-28 2016-11-01
STELL, Darin Robert Director 2023-06-21 2025-03-01
VAN DOORNIK, Albertus Director 2019-12-31 2020-06-26
VANCANS, Neil Edward Director — 1996-08-01
VORNHAGEN, Markus Rudolf, Mr. Director 2016-11-01 2020-05-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Launchchange Operations Ltd Corporate entity Shares 75–100% 2017-01-01 Active

Filing timeline

Last 20 of 188 total filings

Date Type Category Description
2026-09-21 AA accounts Accounts with accounts type full
2026-05-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-22 AA accounts Accounts with accounts type full
2025-09-09 AP01 officers Appoint person director company with name date PDF
2025-08-29 TM01 officers Termination director company with name termination date PDF
2025-05-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-06 AP01 officers Appoint person director company with name date PDF
2025-03-06 TM01 officers Termination director company with name termination date PDF
2024-09-22 AD02 address Change sail address company with old address new address PDF
2024-09-06 AA accounts Accounts with accounts type full
2024-05-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-03 AD01 address Change registered office address company with date old address new address PDF
2023-10-03 AD01 address Change registered office address company with date old address new address PDF
2023-09-27 AA accounts Accounts with accounts type full
2023-06-22 AP01 officers Appoint person director company with name date PDF
2023-05-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-14 TM01 officers Termination director company with name termination date PDF
2022-09-26 AA accounts Accounts with accounts type full
2022-05-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-12-06 AD01 address Change registered office address company with date old address new address PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page