UK Companies House feature
IDEXX LABORATORIES LIMITED
Cash
£13M
+17.3% vs 2023
Net assets
£19M
+94.5% vs 2023
Employees
392
+1% vs 2023
Profit before tax
£2M
+134% vs 2023
Profile
- Company number
- 02454226
- Status
- Active
- Incorporation
- 1989-12-20
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 75000
- Hubs
- UK Healthcare
Net assets
7-year trend · vs UK Healthcare median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | £322,883 | £1,156,284 | £909,856 | £2,129,069 | |
| Net profit | — | — | — | £231,003 | £1,026,998 | £648,563 | £1,419,885 | |
| Cash | — | — | — | £10,197,570 | £5,272,159 | £11,415,967 | £13,394,391 | |
| Total assets less current liabilities | — | — | — | £8,483,365 | £9,424,399 | £10,067,909 | £19,663,180 | |
| Net assets | — | — | — | £8,291,617 | £9,318,615 | £9,967,178 | £19,387,063 | |
| Equity | £9,499,661 | £8,151,904 | £8,060,614 | £8,291,617 | £9,318,615 | £9,967,178 | £19,387,063 | |
| Average employees | — | — | — | 346 | 380 | 388 | 392 | |
| Wages | — | — | — | £17,145,700 | £19,884,428 | £21,445,988 | £22,830,407 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “Net sales for 2024 were £113,466,036, representing a circa 7% increase compared to 2023.”
- “Net profit after tax increased from £648,563 in 2023 to £2,129,069 in 2024, primarily driven by strong revenue growth and a moderate rise in cost of sales and operating expenses.”
- “As of December 31st, 2024, the company reported 392 personnel, up from 388 in 2023, and promoted diversity, equity, and inclusion (DEI).”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LU, Lily Joann | Secretary | 2019-02-04 | — | — |
| ARRIGONI, Ellen Adelaide | Director | 2023-12-20 | Jun 1964 | American |
| CHADBOURNE, Jeffery Donn | Director | 2018-04-27 | Sep 1975 | American |
| LU, Lily Joann | Director | 2019-02-04 | Mar 1972 | American |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALDWIN, Philip | Secretary | 2000-02-11 | 2005-04-01 |
| COOPER, Ashley Stephen Charles | Secretary | — | 1992-08-28 |
| DEADY, Conan Ritchie | Secretary | 2005-04-01 | 2013-03-08 |
| FIARMAN, Jeffrey A | Secretary | 2013-09-16 | 2014-09-01 |
| FULLICK, Karen | Secretary | 1994-12-23 | 2000-02-11 |
| KIRKNESS, James Henry Magnuson | Secretary | 1992-08-31 | 1994-12-23 |
| STUDER, Jacqueline | Secretary | 2014-09-01 | 2019-02-04 |
| REED SMITH CORPORATE SERVICES LIMITED | Corporate Secretary | 2005-04-01 | 2018-01-02 |
| AYERS, Jonathan Wight | Director | 2002-01-23 | 2006-04-14 |
| BACHOFNER, Ernst | Director | 1997-01-06 | 1997-06-26 |
| BLANCHE JR, Willard R | Director | 2018-04-27 | 2023-12-20 |
| COOPER, Ashley Stephen Charles | Director | — | 1992-08-28 |
| CROSSMAN, Barry | Director | 1997-01-06 | 1997-07-23 |
| GILBERT, Alain | Director | — | 1993-08-31 |
| KIRKNESS, James Henry Magnuson | Director | 1992-08-31 | 1994-12-23 |
| KOELEMAN, Monique Birgitta | Director | 2006-04-14 | 2016-03-31 |
| LOWERY, Christopher Scott | Director | 1995-11-10 | 1997-01-06 |
| MCKEON, Brian Patrick | Director | 2017-01-23 | 2019-09-26 |
| MCPARTLAN, Susan Rolande | Director | 2003-03-28 | 2006-04-14 |
| MORTON, John Royal | Director | 2013-03-08 | 2018-04-27 |
| POLLOCK, Louis | Director | 1994-12-23 | 1997-01-06 |
| RAINES, Merilee | Director | 2006-04-14 | 2013-03-08 |
| RYAN, Sean Michael | Director | 1997-06-26 | 2000-07-12 |
| RYAN, Sean Michael | Director | 1992-10-18 | 1995-11-10 |
| SHAW, David E | Director | 1990-03-28 | 2002-01-23 |
| STUDER, Jacqueline | Director | 2016-03-31 | 2019-02-04 |
| TYE, Paul | Director | 1997-07-23 | 2020-07-28 |
| VAN KUIJK, Yvonne | Director | 2001-02-09 | 2003-03-28 |
| WILLIAMS, Michael James | Director | 2016-03-31 | 2016-11-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Idexx Laboratories, Inc. | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 173 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-11-27 | AA | accounts | accounts with accounts type full |
| 2025-02-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-03 | AA | accounts | accounts with accounts type full |
| 2024-01-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-22 | AA | accounts | accounts with accounts type full |
| 2023-12-22 | AP01 | officers | appoint person director company with name date |
| 2023-12-22 | TM01 | officers | termination director company with name termination date |
| 2023-02-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-21 | AA | accounts | accounts with accounts type full |
| 2022-02-24 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-01-28 | CH01 | officers | change person director company with change date |
| 2022-01-28 | CH03 | officers | change person secretary company with change date |
| 2021-09-29 | AA | accounts | accounts with accounts type full |
| 2021-02-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-12-21 | AA | accounts | accounts with accounts type full |
| 2020-11-24 | RESOLUTIONS | resolution | resolution |
| 2020-11-24 | CC04 | change-of-constitution | statement of companys objects |
| 2020-11-24 | MA | incorporation | memorandum articles |
| 2020-08-03 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
3.36
SAFE
Altman Z″
- Working capital / Total assets 0.312 × 6.56 = +2.04
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.059 × 6.72 = +0.40
- Book equity / Total liabilities 0.876 × 1.05 = +0.92
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory