CANSFORD LABORATORIES LIMITED

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

KPMG

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Significant events

• “Unfortunately during 2024 our overall revenue reduced in comparison to what was achieved in 2023, the main cause of this reduction was the loss of two large customers, Atkinson Lewis a company we had been trading with for over a decade ceased trading in 2024 and as a result our revenue fell by £542,000 and the other was Lextox a competitor of ours who resolved the issues they had in their own laboratory and commenced processing their own results, although this was anticipated in our budgets it occurred much quicker than expected which caused another reduction in our revenue of £1,030,000.”
• “To compensate for these losses, we pushed harder in the legal sectors and increased our revenue in these sectors by £436,000 combine this with increases from the Sports sector, Export Markets as well as other sales resulted in our revenue overall decreased in the year by £997,000.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  —

  Not reported

• Cash

  +32%

  £893,737 → £1,179,338

• Net assets

  -23.7%

  £8,092,876 → £6,177,263

• Employees

  +33%

  91 → 121

  highest in 6 filed years

• Profit before tax

  -15.7%

  £3,857,162 → £3,250,290

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers