Leica Biosystems Newcastle Limited
Registered name: LEICA BIOSYSTEMS NEWCASTLE LIMITED
Part of Danaher Corporation groupLeica Biosystems Newcastle Limited made £196m revenue and £128m profit in the year to 31 Dec 2025.
Leica Biosystems Newcastle Limited’s revenue grew 9% to £196m in the year to 31 Dec 2025, with £128m profit and 331 employees. The company is classified under “other professional, scientific and technical activities” and is based in Solihull; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Solihull
- Age
- 39 yrs · since 1987
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £169m | £179m | £196m |
| Cost of sales | −£32.8m | −£33m | −£37.8m |
| Gross profit | £136m | £146m | £158m |
| Operating profit | £112m | £114m | £120m |
| Profit before tax | £118m | £119m | £130m |
| Profit after tax | £119m | £121m | £128m |
| Profit (best available) | £119m | £121m | £128m |
| Employees (average) | 306 | 314 | 331 |
| Ratios | |||
| Profit margin | 70.5% | 67.7% | 65.3% |
| Gross margin | 80.6% | 81.6% | 80.7% |
| Revenue per employee | £552k | £571k | £591k |
| Profit per employee | £389k | £386k | £386k |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.2% | ▲9% |
| Profit growth | — | ▲1.9% | ▲5.2% |
| Headcount growth | — | ▲2.6% | ▲5.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 65.3%
- Profit ÷ revenue.
- Gross margin
- 80.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £591k
- Revenue ÷ average employees.
- Profit per employee
- £386k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲5%
- Now 331
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Danaher Corporation (registered outside the UK register)ultimate parent75–100%
- Launchchange Holding Company75–100%
- VR Finance Company75–100%
- Launchchange Instrumentation Limited75–100%
- Launchchange UK Holdco Limited75–100%
- Launchchange Limited75–100%
- Launchchange Operations Limited75–100%
- Leica Biosystems Newcastle Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Leica Microsystems Cambridge LimitedFigures not disclosed
Sister companies (3)
- Ab Sciex UK LimitedRev. £18.5m · Profit £11.3m
- Id Business Solutions LimitedFigures not disclosed
- Pall Manufacturing UK LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £128m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 21 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.