Novanta Technologies UK Limited
The principal activity of the company in the year under review was that of the manufacture and distribution of air bearing spindles and related products and the manufacture from beryllium of mirrors and other products. In addition, following the transfer of the Laser Quantum business in January 2024, the scope of principal activities was expanded to include the design, manufacture and sale of innovative, high-quality, laser products.
Revenue
£62.5m
▲ +215.1% vs prior ~12m period
Profit after tax
£59.9m
Margin 24.8%
Employees
283
▲ +152.7% vs prior ~12m period
Net assets
£150.6m
Total assets £168.3m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £62.5m | ▲ +215.1% | £62.8m | 283 | £150.6m |
| 31 Dec 2023 | £19.8m | ▼ -38.4% | £20.1m | 112 | £124.4m |
| 31 Dec 2022 | £32.2m | ▼ -0.4% | £42.5m | 124 | £128.3m |
| 31 Dec 2021 | £32.3m | ▼ -1.1% | £27.4m | 145 | £125.1m |
| 31 Dec 2020 | £32.7m | ▲ +10.1% | £15.6m | 162 | £101.2m |
| 31 Dec 2019 | £29.7m | — | £55.2m | 167 | £104.4m |
| 31 Dec 2018 | — | — | — | — | £53.9m |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £62.5m
- Gross profit
- £34.8m
- Operating profit
- £15.5m
- Profit before tax
- £62.8m
- Profit after tax
- £59.9m
Balance sheet
- Total assets
- £168.3m
- Cash
- £4.9m
- Total liabilities
- £17.7m
- Net assets
- £150.6m
- Revenue per employee
- £221k
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