LKM INNOVATIONS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-07 (in 6mo)
Last made up 2025-10-24
Watchouts
Cash
£13K
-38.1% lowest in 5 filed years
Net assets
£563K
+1.6% vs 2023
Employees
4
-33.3% vs 2023
Profit before tax
£9K
+70.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
During 2025, the directors resolved to wind down the remaining business within the company and transfer all remaining assets and liabilities to Roche Diagnostics Limited, its parent company. While the company will continue to receive support from the wider group throughout this transitional period, the decision to cease trading activities has been formally approved. Accordingly, the financial statements have not been prepared on a going concern basis.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £248,995 | £31,760 | |
| Operating profit | — | — | — | -£642 | £1,511 | |
| Profit before tax | — | — | — | £5,356 | £9,132 | |
| Net profit | — | -£23,650 | — | £5,356 | £9,132 | |
| Cash | £851,928 | £686,861 | £213,519 | £20,494 | £12,691 | |
| Total assets less current liabilities | — | — | — | — | — | |
| Net assets | — | — | — | £554,066 | £563,198 | |
| Equity | — | £589,969 | — | £554,066 | £563,198 | |
| Average employees | — | 3 | — | 6 | 4 | |
| Wages | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — |
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
-87.2%
£248,995 £31,760
-
Cash
-38.1%
£20,494 £12,691
lowest in 5 filed years
-
Net assets
+1.6%
£554,066 £563,198
-
Employees
-33.3%
6 4
-
Operating profit
+335.4%
-£642 £1,511
-
Profit before tax
+70.5%
£5,356 £9,132
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 | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -0.3% | 4.8% | |
| Net margin | — | — | — | 2.2% | 28.8% | |
| Current ratio | — | — | — | 13.52x | 16.34x |
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 2 times since incorporation
- LKM INNOVATIONS LIMITED 2022-03-16 → present
- LUMIRADX TECHNOLOGY LTD 2016-06-02 → 2022-03-16
- MULTI-SENSE TECHNOLOGIES LIMITED 2009-10-29 → 2016-06-02
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“During 2025, the directors resolved to wind down the remaining business within the company and transfer all remaining assets and liabilities to Roche Diagnostics Limited, its parent company. While the company will continue to receive support from the wider group throughout this transitional period, the decision to cease trading activities has been formally approved. Accordingly, the financial statements have not been prepared on a going concern basis.”
Significant events
- “During 2025, the directors resolved to wind down the remaining business within the company and transfer all remaining assets and liabilities to Roche Diagnostics Limited, its parent company. While the company will continue to receive support from the wider group throughout this transitional period, the decision to cease trading activities has been formally approved.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PEARSON, Nicholas Guy | Director | 2024-10-08 | Dec 1969 | British |
| REYNOLDS, Ross Gerard | Director | 2024-10-08 | Sep 1985 | Scottish |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ERWIN, Richard William | Director | 2024-07-26 | 2024-10-08 |
| FRANCIS MCALEER, Jerome Francis, Dr | Director | 2015-02-05 | 2022-03-07 |
| KEATCH, Steven | Director | 2022-03-07 | 2025-06-26 |
| KEATCH, Steven | Director | 2010-10-26 | 2020-12-22 |
| KRUSE, Niklas | Director | 2024-07-26 | 2024-10-08 |
| LOWE, Phillip | Director | 2022-03-07 | 2025-06-26 |
| LOWE, Phillip | Director | 2009-10-29 | 2020-12-22 |
| MCGUIGAN, Brian | Director | 2022-03-07 | 2025-06-26 |
| MCGUIGAN, Brian | Director | 2009-10-29 | 2020-12-22 |
| SCOTT, David, Dr | Director | 2015-02-05 | 2022-03-07 |
| TWIST, Geoffrey John | Director | 2024-07-26 | 2024-10-08 |
| WELCH, Peter Geoffrey | Director | 2015-02-05 | 2022-03-07 |
| INVESTNORTHWEST LIMITED | Corporate Director | 2011-06-15 | 2012-02-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Roche Diagnostics Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-07-26 | Active |
| Lumiradx Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-03-23 | Ceased 2024-07-26 |
| Multi-Sense Consultancy Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-firm | 2016-04-06 | Ceased 2017-03-23 |
Filing timeline
Last 20 of 111 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-18 MA Memorandum articles
- 2024-11-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-19 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-11-19 | SH08 | capital | Capital name of class of shares | |
| 2024-11-18 | MA | incorporation | Memorandum articles | |
| 2024-11-18 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-11 | AA | accounts | Accounts with accounts type full | |
| 2024-10-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-13 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2024-08-12 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.