LEICA BIOSYSTEMS NEWCASTLE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-03 (in 9mo)
Last made up 2026-01-20
Watchouts
None on the register
Cash
£37M
-50.8% vs 2023
Net assets
£201M
+11.9% vs 2023
Employees
314
+2.6% vs 2023
Profit before tax
£119M
+1% vs 2023
Name history
Renamed 2 times since incorporation
- LEICA BIOSYSTEMS NEWCASTLE LIMITED 2007-09-17 → present
- NOVOCASTRA LABORATORIES LIMITED 1989-05-22 → 2007-09-17
- SPACECLAM LIMITED 1987-09-10 → 1989-05-22
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £168,837,000 | £179,347,000 | |
| Operating profit | £112,228,000 | £114,086,000 | |
| Profit before tax | £117,944,000 | £119,114,000 | |
| Net profit | £119,047,000 | £121,346,000 | |
| Cash | £74,492,000 | £36,626,000 | |
| Total assets less current liabilities | £201,112,000 | £224,491,000 | |
| Net assets | £180,080,000 | £201,426,000 | |
| Equity | £180,080,000 | £201,426,000 | |
| Average employees | 306 | 314 | |
| Wages | £15,252,000 | £16,095,000 |
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 | 66.5% | 63.6% | |
| Net margin | 70.5% | 67.7% | |
| Return on capital employed | 55.8% | 50.8% | |
| Current ratio | 6.41x | 4.18x | |
| Interest cover | 91.69x | 78.79x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making due enquiries and considering the impact of the geo-political environment, general economic inflationary pressure and the access to funds, cross guarantees with fellow members of the UK Group cash pool, and ultimately strength of its balance sheet, the directors have a reasonable expectation that the Company has adequate resources to continue in operation during the assessment period to 31 December 2026. These considerations include the company, as well as the wider UK and Danaher Corporation group. Accordingly, the financial statements have been prepared on the going concern basis.”
Group structure
- LEICA BIOSYSTEMS NEWCASTLE LIMITED · parent
- Leica Cambridge Limited 100%
Significant events
- “On March 21st, 2025 the company acquired the Cell IDX business for $10.5m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BELL, Joe Anthony | Director | 2024-08-14 | Apr 1988 | British |
| JOHNSON, Sarah Margaret | Director | 2023-02-13 | Oct 1975 | British |
| VAN DER MERWE, Gillian | Director | 2019-06-17 | Mar 1972 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANGUS, Brian, Dr | Secretary | — | 1992-05-01 |
| MCGRAW, David John | Secretary | 2002-06-25 | 2007-07-06 |
| PIZZEY, Charles Euan | Secretary | 2002-06-26 | 2007-02-12 |
| THURGAR-DAWSON, Colin Joseph | Secretary | 1992-05-01 | 1993-09-15 |
| THURGAR-DAWSON, Colin Joseph | Secretary | — | 2002-06-25 |
| TUNLEY, David William | Secretary | 2007-07-06 | 2012-06-29 |
| ANGUS, Brian, Dr | Director | — | 2002-06-25 |
| ATKINS, David George, Dr | Director | 2014-07-11 | 2015-04-23 |
| BUDD, David | Director | 2015-05-07 | 2016-02-29 |
| BUDD, David | Director | 2013-07-01 | 2014-07-11 |
| BURNS, Alastair | Director | 2013-04-19 | 2016-06-01 |
| CROMBIE, Alexander Leaster, Professor | Director | 1993-06-03 | 2002-06-25 |
| ELSTOB, Steven | Director | 2022-08-05 | 2024-06-25 |
| FIEDLER, Konstantin Alexander | Director | 2011-07-04 | 2013-05-31 |
| FLEETHAM, Anne | Director | 2007-07-06 | 2011-02-14 |
| FOX, James Charles, Dr | Director | 2002-06-26 | 2006-12-22 |
| GARRETT, Sarah | Director | 2018-09-10 | 2022-07-19 |
| HORNE, Agnes Irvine | Director | 1993-09-29 | 2002-06-25 |
| HORNE, Charles Hugh Wilson, Professor | Director | — | 2005-06-21 |
| HUNTER, Michael | Director | 2011-02-04 | 2012-12-21 |
| INMAN, David George White | Director | 2016-06-01 | 2018-09-10 |
| LANYON, Samuel Ross Garland | Director | 2007-07-06 | 2008-09-02 |
| MILTON, Ian David | Director | 2001-06-01 | 2011-10-12 |
| OHANESSIAN, Michael Bernard | Director | 2002-06-26 | 2006-08-30 |
| PIZZEY, Charles Euan | Director | 2002-06-26 | 2007-02-12 |
| REID, Vicky | Director | 2017-07-21 | 2019-06-17 |
| TOMS, Geoffrey Leonard, Dr | Director | — | 2002-06-25 |
| WARD, Keith Graham | Director | 2008-09-02 | 2016-10-01 |
| WEST, Matthew William | Director | 2016-10-01 | 2023-02-13 |
| WHITE, Colin Craig | Director | 2016-03-01 | 2017-07-21 |
| WHITTAKER, Roy | Director | — | 1992-01-27 |
| WRIGHT, Paul Martin | Director | 2006-11-09 | 2007-07-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Launchchange Operations Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-01-20 | Active |
Filing timeline
Last 20 of 190 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-18 | AA | accounts | Accounts with accounts type full | |
| 2025-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-31 | AA | accounts | Accounts with accounts type full | |
| 2024-08-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-04 | AA | accounts | Accounts with accounts type full | |
| 2023-10-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-27 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-20 | AA | accounts | Accounts with accounts type full | |
| 2022-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-05 | AA | accounts | Accounts with accounts type full | |
| 2021-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-16 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
+6.2%
£168,837,000 £179,347,000
-
Cash
-50.8%
£74,492,000 £36,626,000
-
Net assets
+11.9%
£180,080,000 £201,426,000
-
Employees
+2.6%
306 314
-
Operating profit
+1.7%
£112,228,000 £114,086,000
-
Profit before tax
+1%
£117,944,000 £119,114,000
-
Wages
+5.5%
£15,252,000 £16,095,000
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