OXFORD LASERS LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-11 (in 2mo)

Last made up 2025-06-27

Watchouts

1 item

Cash

£2M

+29.2% vs 2023

Net assets

£5M

+9.5% vs 2023

Employees

+8.2% vs 2023

Profit before tax

£476K

+37.2% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

3 officer resignations in last 12 months

Multiple officers have left the board recently — see the People section for who.

Net assets

5-year trend · vs Technology median

OXFORD LASERS LIMITED·Technology median · n=4063

Accounts

5-year trend · latest reflected 2024-12-31

Metric	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Turnover	—	—	—	£7,165,408	£6,905,811
Operating profit	—	—	—	£332,644	£457,984
Profit before tax	—	—	—	£346,606	£475,697
Net profit	—	—	—	£400,126	£465,490
Cash	—	—	—	£1,707,135	£2,205,647
Total assets less current liabilities	—	—	—	£5,164,588	£5,689,228
Net assets	—	—	—	£4,907,496	£5,372,986
Equity	—	—	—	£4,907,496	£5,372,986
Average employees	—	—	—	61	66
Wages	—	—	—	£3,747,073	£3,525,831
Directors' remuneration	—	—	—	£1,000,481	£487,081

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

-3.6%

£7,165,408 £6,905,811
Cash

+29.2%

£1,707,135 £2,205,647
Net assets

+9.5%

£4,907,496 £5,372,986
Employees

+8.2%

61 66
Operating profit

+37.7%

£332,644 £457,984
Profit before tax

+37.2%

£346,606 £475,697
Wages

-5.9%

£3,747,073 £3,525,831

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

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

Ratio	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Operating margin	—	—	—	4.6%	6.6%
Net margin	—	—	—	5.6%	6.7%
Return on capital employed	—	—	—	6.4%	8.1%
Gearing (liabilities / total assets)	—	—	—	29.4%	24.1%
Current ratio	—	—	—	2.97x	3.89x

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.

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: Gravita Audit Oxford LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

OXFORD LASERS LIMITED · parent
1. Oxford Lasers Inc 100% · US · design and manufacture of lasers and associated equipment

Significant events

“During FY24 Oxford Lasers recorded 7% growth in contract service sales, but turnover decreased in the sales of laser tools. GP percentages declined due to inflationary pressures, the availability of components, disrupted supplies and long lead times.”

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

People

6 active · 27 resigned

Name	Role	Appointed	Born	Nationality
KEARSLEY, Andrew John, Dr	Director	—	Apr 1954	British
KNOWLES, Martyn Richard Huw, Dr	Director	2001-10-31	Jan 1966	British
RICHARDSON, Steven	Director	2022-05-26	Feb 1972	British
STOKES, Christopher John	Director	2024-07-01	Feb 1972	British
WEBB, Colin Edward, Professor	Director	—	Dec 1937	British
SURTEK LTD	Corporate Director	2012-06-22	—	—

Show 27 resigned officers

Name	Role	Appointed	Resigned
BAKER, John Frederick, Dr	Secretary	2006-01-03	2008-01-01
DEECH, John Stewart, Dr	Secretary	—	1998-07-27
EVANS, Anthony John Pearsall	Secretary	2001-10-06	2006-01-03
KEARSLEY, Andrew John, Dr	Secretary	2008-01-01	2023-01-03
KEARSLEY, Andrew John, Dr	Secretary	1998-10-07	1999-03-11
MORTON, Richard Anthony	Secretary	2023-01-03	2026-02-02
WOODS, Simon Alasdair	Secretary	1999-03-11	2001-10-05
BAKER, John Frederick, Dr	Director	2006-01-03	2023-03-31
BAKER, Philip Carl	Director	1999-09-01	2000-02-04
CLARKE, Christopher David	Director	1993-04-01	2007-04-30
COLLINS, Melvyn	Director	2018-07-30	2025-06-09
CORNEY, Alan, Dr	Director	—	1993-03-31
DEECH, John Stewart, Dr	Director	—	1998-07-27
ERREY, Keith Harrold	Director	—	1998-07-27
FERGUSON, Alan Howard, Dr	Director	2004-09-01	2023-03-31
GILES, Barrington	Director	—	1995-06-27
HOGAN, Daniel Christopher	Director	—	1993-09-01
LITCHFIELD, Brian John	Director	1996-10-01	1998-07-27
LUCAS, Richard William	Director	2001-05-22	2001-08-13
MORRIS, Richard John	Director	2019-07-08	2022-02-25
MORTON, Richard Anthony	Director	2024-07-01	2026-02-02
POWELL, Nigel David	Director	1995-06-27	1998-10-02
THOMAS, Paul Henry Brace	Director	1994-04-15	1996-09-30
WEBB, Andrew Graham	Director	2004-08-26	2006-09-11
WHYBREW, Adam, Dr	Director	2002-12-02	2003-11-30
WOODS, Simon Alasdair	Director	1999-03-11	2001-10-05
SURTEK LIMITED	Corporate Director	1998-07-27	2006-10-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Oxford Lasers Micromachining Ltd	Corporate entity	Shares 75–100%	2016-04-06	Active
Oxford Lasers Micromachining Ltd	Legal person	Shares 75–100%	2016-04-06	Active

Filing timeline

Last 20 of 189 total filings

Date	Type	Category	Description
2026-02-13	TM02	officers	Termination secretary company with name termination date	PDF
2026-02-13	TM01	officers	Termination director company with name termination date	PDF
2025-09-26	AA	accounts	Accounts with accounts type full	PDF
2025-06-30	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-06-13	TM01	officers	Termination director company with name termination date	PDF
2024-09-05	AA	accounts	Accounts with accounts type full	PDF
2024-07-10	AP01	officers	Appoint person director company with name date	PDF
2024-07-10	AP01	officers	Appoint person director company with name date	PDF
2024-07-01	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-11-29	CH01	officers	Change person director company with change date	PDF
2023-09-20	AA	accounts	Accounts with accounts type full	PDF
2023-07-07	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-04-06	TM01	officers	Termination director company with name termination date	PDF
2023-03-31	TM01	officers	Termination director company with name termination date	PDF
2023-01-13	AP03	officers	Appoint person secretary company with name date	PDF
2023-01-13	TM02	officers	Termination secretary company with name termination date	PDF
2022-09-28	AA	accounts	Accounts with accounts type small
2022-07-07	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-05-26	AP01	officers	Appoint person director company with name date	PDF
2022-03-07	TM01	officers	Termination director company with name termination date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 5
Capital events: 0
Officers appointed: 0
Officers resigned: 3

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

Official Companies House page