Excelitas Noblelight Limited
Registered name: EXCELITAS NOBLELIGHT LIMITED
Part of Qioptiq Uk Holdings Limited groupExcelitas Noblelight Limited made £20m revenue and £17.2m profit in the year to 31 Dec 2023.
Excelitas Noblelight Limited’s revenue fell 36% to £20m in the year to 31 Dec 2023, with £17.2m profit and 144 employees. The company is classified under “other manufacturing” and is based in Cambridge; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- Cambridge, East of England
- Age
- 47 yrs · since 1978
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £31.2m | £20m |
| Cost of sales | £19.2m | £12m |
| Gross profit | £12.1m | £8m |
| Operating profit | £1.5m | £16.8m |
| Profit before tax | £1.3m | £16.9m |
| Profit after tax | £1m | £17.2m |
| Profit (best available) | £1m | £17.2m |
| Staff costs | £7.2m | £6.8m |
| Employees (average) | 152 | 144 |
| Ratios | ||
| Profit margin | 3.3% | 85.8% |
| Gross margin | 38.7% | 40.1% |
| Revenue per employee | £206k | £139k |
| Profit per employee | £6.8k | £119k |
| Growth (year on year) | ||
| Revenue growth | — | ▼35.9% |
| Profit growth | — | ▲1563% |
| Headcount growth | — | ▼5.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | — | £833k |
| Net assets | £11.4m | £10.6m |
| Fixed assets | £5.6m | £6.4m |
| Current assets | £12.6m | £8.9m |
| Debtors | £4.2m | £1.2m |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 85.8%
- Profit ÷ revenue.
- Gross margin
- 40.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £139k
- Revenue ÷ average employees.
- Profit per employee
- £119k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 32.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼7%
- Now £10.6m
- Cash at bank
- —
- Now £833k
- Headcount
- ▼5%
- Now 144
- Deferred income
- —
- Now —
- Fixed assets
- ▲14%
- Now £6.4m
Group structure
Ownership chain
- Qioptiq Uk Holdings Limited (registered outside the UK register)ultimate parent75–100%
- Excelitas Noblelight Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £17.2m), from the Companies House accounts bulk data published Feb 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.