NIKON X-TEK SYSTEMS LIMITED

1. NIKON X-TEK SYSTEMS LIMITED 2018-10-02 → present
2. X-TEK SYSTEMS LIMITED 1986-02-25 → 2018-10-02
3. LARGESTAND LIMITED 1986-01-23 → 1986-02-25

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 101

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the balance sheet date, the company had net liabilities of £3,062,000 (2024 - £1,186,000) and net current liabilities of £5,093,000 (2024 - £3,947,000). The company is dependent on continuing finance being made available by its intermediate parent company to enable it to meet its liabilities as they fall due. The ultimate parent company, Nikon Corporation, has expressed its willingness to provide financial support to Nikon X-Tek Systems Limited in order to assist the company in meeting its liabilities as and when they fall due. The directors are satisfied that Nikon Corporation has sufficient funds to support the company. Nikon Corporation have confirmed in writing their intention to provide unconditional continuing business and financial support for the company for a period in excess of 12 months from the date of signing of these financial statements. The directors recognise that there is uncertainty as to the amount and timing of cashflows to the company from the intermediate parent and other Nikon Metrology companies. However, based upon ultimate parent company support, the Nikon Corporation Group business plan and their assessment of the ability of the group to continue within the current funding arrangements the directors have concluded that the company will continue in operational existence for the foreseeable future, being at least 12 months from the date of approval of these financial statements, and so have adopted the going concern basis of accounting in preparing these financial statements.”

Significant events

• “In October 2024, Nikon Metrology NV sold the 3D laser scanning and Focus Inspection software business to LK Metrology Limited. As part of this transaction, Nikon X-Tek Systems Limited disposed of the trade and assets relating to the 3D laser scanning business, resulting in a loss on disposal of £752k. The trading results of the laser scanning business have been presented as discontinued operations.”
• “In November 2025, the company allotted and issued 17,805,217 ordinary shares of £1 each in the capital of the company to its immediate parent company, Nikon Metrology UK Limited for the sum of €20,476,000. In December 2025 the company's entire share capital was sold from Nikon Metrology UK Limited to Nikon Europe BV.”

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

Filings

5

last 12 months

Capital events

1

last 24 months

Officers appointed

0

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.

• Turnover

  -13.5%

  £22,574,000 → £19,524,000

• Cash

  -59.8%

  £565,000 → £227,000

• Net assets

  -158.2%

  -£1,186,000 → -£3,062,000

• Employees

  -8.3%

  108 → 99

• Operating profit

  -7,100%

  -£2,000 → -£144,000

• Profit before tax

  -95.7%

  -£911,000 → -£1,783,000

• Wages

  -5.9%

  £5,447,000 → £5,128,000

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