LABCORP EARLY DEVELOPMENT LABORATORIES LIMITED

1. LABCORP EARLY DEVELOPMENT LABORATORIES LIMITED 2021-06-25 → present
2. COVANCE LABORATORIES LIMITED 1996-11-08 → 2021-06-25
3. CORNING HAZLETON LIMITED 1995-04-28 → 1996-11-08
4. HAZLETON EUROPE LIMITED 1993-05-27 → 1995-04-28
5. HAZLETON UK LIMITED 1990-04-23 → 1993-05-27
6. HAZLETON LABORATORIES EUROPE LIMITED 1974-05-28 → 1990-04-23

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered the company's resources, including a letter of support provided by the ultimate parent company, the directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for at least one year from the date of approval of the financial statements. On that basis, the financial statements have been prepared on a going concern basis.”

Group structure

1. LABCORP EARLY DEVELOPMENT LABORATORIES LIMITED · parent
   1. Hazpen Trustees Limited 100% · UK · Group pension trustees
   2. LSR Pension Scheme Limited 100% · UK · Group pension trustees
   3. Covance CRS International Limited 100% · UK · Dormant
   4. Labcorp Early Development India Pvt Ltd 99.9% · India · Clinical research
   5. Labcorp LSR Pension Escrow Limited 100% · UK · Pension funding

Significant events

• “On 19 March 2024, a final strike off notice for Labcorp UK Limited was filed, on which date the company was subsequently dissolved.”
• “On 14 March 2024, Labcorp LSR Pension Escrow Limited was incorporated and the company subscribed to the £1 Ordinary share capital.”

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

Filings

6

last 12 months

Capital events

1

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.

• Turnover

  +11%

  £262,989,000 → £291,952,000

• Cash

  +766.4%

  £9,329,000 → £80,824,000

• Net assets

  -8.4%

  £390,070,000 → £357,240,000

• Employees

  -2.6%

  3,016 → 2,938

• Operating profit

  +45.9%

  -£38,205,000 → -£20,667,000

• Profit before tax

  +42.8%

  -£38,475,000 → -£22,006,000

• Wages

  +0.2%

  £119,994,000 → £120,203,000

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