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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-02-11 (in 9mo)

Last made up 2026-01-28

Watchouts

1 item

Cash

£10M

-20.8% vs 2023

Net assets

£51M

-5.8% vs 2023

Employees

680

+4.8% vs 2023

Profit before tax

£19M

+14.1% vs 2023

Watchouts

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

Name history

Renamed 2 times since incorporation

  1. QIOPTIQ LIMITED 2006-04-07 → present
  2. THALES OPTICS LIMITED 2000-12-14 → 2006-04-07
  3. PILKINGTON P.E. LIMITED 1966-04-01 → 2000-12-14

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £107,901,000£105,976,000
Operating profit £16,332,000£18,483,000
Profit before tax £16,330,000£18,638,000
Net profit £12,774,000£14,115,000
Cash £12,094,000£9,581,000
Total assets less current liabilities £54,683,000£53,277,000
Net assets £54,345,000£51,202,000
Equity £54,345,000£51,202,000
Average employees 649680
Wages £30,252,000£32,471,000

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 2023-12-312024-12-31
Operating margin 15.1%17.4%
Net margin 11.8%13.3%
Return on capital employed 29.9%34.7%
Current ratio 2.92x2.78x
Interest cover 8166.00x1320.21x

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

“On the basis of their assessment of the Company's financial position the Company's directors have a reasonable expectation that the Company will be able to continue in operational existence for at least 12 months from the date of approval of these financial statements. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

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

People

6 active · 24 resigned

Name Role Appointed Born Nationality
WARGENT, Nicholas James Secretary 2025-01-31
LEI, Jihfen, Dr Director 2025-07-01 Apr 1959 American
TONER, John Director 2025-07-01 Feb 1981 British
VANWEES, Jason Director 2025-01-31 Dec 1971 American
WARGENT, Nicholas James Director 2025-01-31 Oct 1973 British
WHITE, Peter Adam Director 2017-01-13 Nov 1961 British
Show 24 resigned officers
Name Role Appointed Resigned
CHAPMAN, Alison Mary Secretary 2017-01-24 2025-01-31
FLEMING, David Scott Secretary 2003-04-01 2008-05-06
GROVES, Richard William Secretary 2014-07-16 2017-01-24
HAAGEN, Jean Yves Bernard Francois Secretary 2002-10-01 2003-04-01
HENDERSON, Robert Secretary 1999-04-16 2002-10-01
OWEN, Judy Ann Secretary 1999-04-16
REES, Mark Anthony Secretary 2008-05-06 2014-07-16
BAZIRE, Benoit Director 2000-03-01 2010-01-08
CHAPMAN, Alison Mary Director 2015-08-17 2017-01-24
CIBIK, Melanie Director 2025-01-31 2025-07-01
COTTON-WILLIAMS, Sarah Jayne Director 2023-02-16 2025-01-31
IVIMEY-COOK, Richard Charles Director 2010-03-05 2013-11-08
JONES, Trefor Glyn Director 2000-03-31
KEATING, Ronald C. Director 2023-10-23 2025-01-31
MARKS, William David Director 2003-02-01 2013-11-08
NISLICK, David Adam Director 2014-10-20 2023-10-23
O'NEILL, Thomas Director 2001-12-31
RAO, James Vincent Director 2014-10-20 2023-10-23
REES, Mark Anthony Director 2001-10-15 2015-08-10
RYLANCE, Robert Director 1992-02-28
SHAW, Steven David Director 2010-09-01 2017-01-13
SPOLTON, Keith Director 2017-01-24 2023-01-14
STAS, Benedict Joseph Director 2023-10-23 2025-01-31
THOMPSON, Robin Paul Director 1999-01-01 2003-01-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Rhombi Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-10-27 Active
Lightsource Holdco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-01-31 Ceased 2025-10-27
Qioptiq Uk Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2025-01-31

Filing timeline

Last 20 of 208 total filings

Date Type Category Description
2026-05-06 CH01 officers Change person director company with change date PDF
2026-02-21 CS01 confirmation-statement Confirmation statement with updates PDF
2026-01-04 AA accounts Accounts with accounts type full
2025-10-30 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-10-30 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-07-02 AP01 officers Appoint person director company with name date PDF
2025-07-02 TM01 officers Termination director company with name termination date PDF
2025-07-02 AP01 officers Appoint person director company with name date PDF
2025-02-11 MR04 mortgage Mortgage satisfy charge full
2025-02-11 MR04 mortgage Mortgage satisfy charge full
2025-02-07 AP01 officers Appoint person director company with name date PDF
2025-02-07 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-02-07 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-02-07 AP03 officers Appoint person secretary company with name date PDF
2025-02-07 AP01 officers Appoint person director company with name date PDF
2025-02-07 AP01 officers Appoint person director company with name date PDF
2025-02-07 TM02 officers Termination secretary company with name termination date PDF
2025-02-07 TM01 officers Termination director company with name termination date PDF
2025-02-07 TM01 officers Termination director company with name termination date PDF
2025-02-07 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
1

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

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

Official Companies House page