How many employees does Living Optics Limited have?

Living Optics Limited reported an average of 27 employees in the year to 31 Dec 2023.

Company No. 12361188 · Incorporated 12 Dec 2019

Living Optics Limited

Q: Is Living Optics Limited profitable?

No — Living Optics Limited reported a loss of £8m in the year to 31 Dec 2023.

Registered name: LIVING OPTICS LIMITED

Living Optics Limited made a £8m loss in the year to 31 Dec 2023 (revenue not disclosed).

Living Optics Limited reported a loss of £8m in the year to 31 Dec 2023; its revenue was not disclosed. It had 27 employees. The company is classified under “manufacture of optical precision instruments” and is based in Abingdon; we hold 3 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 26701Manufacture of optical precision instruments

Status: Active
Location: Abingdon, South East
Age: 6 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Independent

Revenue

—

Not disclosed in filing

Profit

−£8m

Growth —

Profit margin

—

Employees

Change ▲42.1%

Profit / employee

−£296k

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Dec 2023
Disclosure	No P&L	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—
Profit after tax	—	−£3.5m	−£8m
Profit (best available)	—	−£3.5m	−£8m
Employees (average)	14	19	27
Ratios
Profit margin	—	—	—
Profit per employee	—	−£184k	−£296k
Growth (year on year)
Headcount growth	—	▲35.7%	▲42.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£12.5m	£10.4m
Net assets	£3.5m	£20.1m	£12.4m
Fixed assets	£177k	£695k	£759k
Current assets	£3.4m	£20.2m	£12.9m
Debtors	£476k	£0	£9.6k
Deferred income	£500	£185k	£629k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: −£296k; 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.

Indirect — not revenue

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: ▼38%; Now £12.4m
Cash at bank: ▼17%; Now £10.4m
Headcount: ▲42%; Now 27
Deferred income: ▲239%; Now £629k
Fixed assets: ▲9%; Now £759k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Minority corporate shareholders

Oxford Science Enterprises Holdings Limited 25–50%

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£8m), from the Companies House accounts bulk data published Jul 2024. Spotted an error? Request a correction.

Updated from Companies House on 12 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.