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Cash

£30m

+5% highest in 3 filed years

Net assets

£49m

+16% highest in 3 filed years

Employees

196

+6.5% highest in 3 filed years

Profit before tax

£20m

-0.6% 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 £63,296,014£63,610,970£69,479,155 +9.2%
Operating profit £21,343,602£20,196,827£20,030,136 -0.8%
Profit before tax £21,342,845£20,236,905£20,110,019 -0.6%
Net profit £16,081,790£14,465,167£14,274,516 -1.3%
Cash £25,703,467£28,782,121£30,231,823 +5%
Total assets less current liabilities £37,421,337£42,007,240£48,723,364 +16%
Net assets £37,421,337£42,007,240£48,723,364 +16%
Equity £37,421,337£42,007,240£48,723,364 +16%
Average employees 171184196 +6.5%
Wages £11,530,919£11,536,871£13,176,874 +14.2%
Directors' remuneration £438,959£447,551£361,082 -19.3%
Highest paid director £347,082£288,943£327,532 +13.4%

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 33.7%31.8%28.8%
Net margin 25.4%22.7%20.5%
Return on capital employed 57.0%48.1%41.1%
Gearing (liabilities / total assets) 32.5%34.2%32.3%
Current ratio 3.01x2.88x3.05x

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
Consolidated group
Auditor
Menzies 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

  1. LABWARE LIMITED · parent
    1. LabWare Solutions SL 100% · Spain

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

People

4 active · 8 resigned

Name Role Appointed Born Nationality
PEET III, John Carlisle Secretary 2006-08-20 — American
DE FRANCESCHI, Christian Director 2022-02-01 Jul 1969 Italian
KERSHNER, Vance Director 1995-03-15 Dec 1955 American
LABWARE CFC HOLDING INC. Corporate Director 2020-03-01 — —
Show 8 resigned officers
Name Role Appointed Resigned
SCHOFIELD, Paul Jeffrey Secretary 1996-02-26 2006-08-20
LABWARE LTD Corporate Secretary 1995-03-15 1996-02-26
LONDON LAW SECRETARIAL LIMITED Corporate Nominee Secretary 1995-03-15 1995-03-15
GONZALEZ, Mark David Director 1996-02-26 2025-07-18
HILLHOUSE, Robert William Alexander Director 1996-02-26 2022-10-31
TOWNSEND, Nicholas John Director 2014-05-01 2022-12-08
LABWARE HOLDINGS INC Corporate Director 1995-03-15 2020-03-01
LONDON LAW SERVICES LIMITED Corporate Nominee Director 1995-03-15 1995-03-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Christian De Franceschi Individual Significant influence, Significant influence (as firm) 2022-02-01 Active
Mr Nicholas John Townsend Individual Significant influence 2016-04-06 Ceased 2022-01-31
Mr Vance Kershner Individual Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 95 total filings

Date Type Category Description
2026-09-14 AA accounts Accounts with accounts type group
2026-05-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-05-18 CH01 officers Change person director company with change date
2025-09-18 AA accounts Accounts with accounts type group
2025-07-22 TM01 officers Termination director company with name termination date PDF
2025-03-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-20 AA accounts Accounts with accounts type group
2024-04-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-11 AA accounts Accounts with accounts type group
2023-03-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-08 TM01 officers Termination director company with name termination date PDF
2022-11-09 TM01 officers Termination director company with name termination date PDF
2022-09-23 AA accounts Accounts with accounts type group
2022-03-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-03-14 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2022-03-14 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-02-09 AP01 officers Appoint person director company with name date PDF
2021-08-28 AA accounts Accounts with accounts type group
2021-03-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-08-21 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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