EXCELITAS UK LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. EXCELITAS UK LIMITED 2025-07-03 → present
2. QIOPTIQ PHOTONICS LIMITED 2010-06-29 → 2025-07-03
3. POINT SOURCE LIMITED 1993-05-28 → 2010-06-29

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

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 the financial statements. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “During 2026 the company will be undertaking a restructuring of the company that will result in manufacturing being discontinued. In its place, the company will focus on research and development with particular emphasis on laser technology. On 2nd August 2025 the trade and assets of Excelitas Noblelight Limited, an Excelitas group company, were transferred to Excelitas UK Limited.”

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

Filings

12

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -22.5%

  £33,522,000 → £25,966,000

• Cash

  -24%

  £3,190,000 → £2,425,000

• Net assets

  -21.6%

  £3,002,000 → £2,354,000

• Employees

  -19.6%

  224 → 180

• Operating profit

  -121.3%

  £5,682,000 → -£1,209,000

• Profit before tax

  -123.1%

  £5,677,000 → -£1,311,000

• Wages

  -4.3%

  £8,111,000 → £7,761,000

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