THERMO ELECTRON MANUFACTURING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-18 (in 1y)
Last made up 2026-05-04
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£407M
+4% vs 2023
Employees
353
-4.1% vs 2023
Profit before tax
£18M
-17.9% vs 2023
Name history
Renamed 4 times since incorporation
- THERMO ELECTRON MANUFACTURING LIMITED 2004-10-04 → present
- THERMO ELECTRON LIMITED 2003-09-25 → 2004-10-04
- THERMO ELECTRON SPECTROSCOPY LIMITED 2002-02-21 → 2003-09-25
- UNICAM LIMITED 1991-04-22 → 2002-02-21
- PYE UNICAM LIMITED 1947-08-30 → 1991-04-22
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £106,437,000 | £102,783,000 | |
| Operating profit | £5,055,000 | -£887,000 | |
| Profit before tax | £22,181,000 | £18,201,000 | |
| Net profit | £21,830,000 | £17,687,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £400,587,000 | £418,239,000 | |
| Net assets | £391,579,000 | £407,064,000 | |
| Equity | £391,579,000 | £407,064,000 | |
| Average employees | 368 | 353 | |
| Wages | £19,015,000 | £22,523,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.7% | -0.9% | |
| Net margin | 20.5% | 17.2% | |
| Return on capital employed | 1.3% | -0.2% | |
| Current ratio | 4.86x | 4.93x | |
| Interest cover | 388.85x | -0.44x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Thermo Fisher Scientific Inc. has indicated its intention to provide any necessary financial support to enable the company to continue in operational existence for the foreseeable future. To this extent, the directors have received a letter of support from Thermo Fisher Scientific Inc. confirming their financial support for a period of at least twelve months from when these financial statements are authorised for issue. Thus, the directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.”
Group structure
- THERMO ELECTRON MANUFACTURING LIMITED · parent
- GV Instruments Limited 100%
- GV Instruments Inc 100%
Significant events
- “On 9 December 2025, the company made a capital contribution of £22,000,000 to GV Instruments Limited in exchange for one ordinary share.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2009-11-01 | — | — |
| AHMED, Syed Waqas | Director | 2020-03-23 | Nov 1979 | British |
| CAMERON, Euan Daney Ross | Director | 2018-10-31 | Mar 1976 | British |
| GREEN, Georgina Adams | Director | 2024-04-18 | Mar 1970 | British |
| SMITH, Anthony Hugh | Director | 2018-11-12 | May 1962 | American |
| STARR, Alison Jane | Director | 2024-04-18 | Jan 1977 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUTLER, John Victor | Secretary | 1998-12-02 | 2003-02-28 |
| FORBES, Stuart Sanford | Secretary | 1993-03-31 | 1998-12-02 |
| GREGG, Rhona | Secretary | 2015-09-10 | 2026-03-31 |
| TURNER, Richard William | Secretary | — | 1993-03-31 |
| WARD, Nicola Jane | Secretary | 2003-02-28 | 2014-12-18 |
| A G SECRETARIAL LIMITED | Corporate Secretary | 2003-10-22 | 2009-10-31 |
| BURCH, Jonathan | Director | 2001-08-31 | 2003-03-24 |
| CLARKSTONE, Brian Peter | Director | 2001-08-31 | 2006-03-31 |
| COLEY, James Robert Ewen | Director | 2002-02-12 | 2012-04-18 |
| GRANT, Lucie Mary Katja | Director | 2013-02-07 | 2019-12-03 |
| HEMMING, John Hodson | Director | 1994-12-14 | 2004-06-30 |
| HILTON, Clive Bramwell | Director | — | 1996-06-28 |
| HOUSE, John Anthony | Director | — | 1994-12-14 |
| INCE, Nicholas | Director | 2015-09-10 | 2018-10-31 |
| KENNEDY, William Joseph | Director | — | 1995-12-01 |
| LEWIS, Earl Ray | Director | 1996-04-26 | 2000-07-10 |
| MOODIE, Iain Alasdair Keith | Director | 2012-04-18 | 2013-02-07 |
| NORMAN, David John | Director | 2015-11-16 | 2024-04-18 |
| PERKINS, James Ian | Director | 2003-02-28 | 2004-12-01 |
| ROSENTHAL, Robert Joseph, Dr | Director | 1996-04-26 | 1999-03-30 |
| SCHUEPPERT, Charles Clancy | Director | 1996-04-26 | 1999-05-13 |
| SHORTER, Maurice James | Director | 1998-12-02 | 2001-08-31 |
| TURNER, Richard William | Director | — | 1993-03-31 |
| WHEELER, Kevin Neil | Director | 2002-02-12 | 2015-11-16 |
| WRIGHT, Katie Rose | Director | 2010-12-01 | 2015-09-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Thermo Fisher Scientific Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-05-10 | Active |
| Thermo Shandon Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-05-10 |
Filing timeline
Last 20 of 235 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-31 | AA | accounts | Accounts with accounts type full | |
| 2025-05-12 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-05-12 | SH20 | capital | Legacy | |
| 2025-05-12 | CAP-SS | insolvency | Legacy | |
| 2025-05-12 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-21 | AA | accounts | Accounts with accounts type full | |
| 2024-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-06 | AA | accounts | Accounts with accounts type full | |
| 2022-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-30 | AA | accounts | Accounts with accounts type full | |
| 2021-09-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-3.4%
£106,437,000 £102,783,000
-
Cash
—
Not reported
-
Net assets
+4%
£391,579,000 £407,064,000
-
Employees
-4.1%
368 353
-
Operating profit
-117.5%
£5,055,000 -£887,000
-
Profit before tax
-17.9%
£22,181,000 £18,201,000
-
Wages
+18.4%
£19,015,000 £22,523,000
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