CompanyTrack
M

M SQUARED LASERS LIMITED

Dissolved Glasgow

Other manufacturing n.e.c.

68 employees Website
Information technology, telecommunications and data Other manufacturing n.e.c.
M

M SQUARED LASERS LIMITED

Other manufacturing n.e.c.

Founded 3 Feb 2003 Dissolved Glasgow, United Kingdom 68 employees m2lasers.com
Information technology, telecommunications and data Other manufacturing n.e.c.
Accounts Submitted
Confirmation Statement Submitted 3 Feb 2025
Net assets £4.83M £1.15M 2022 year on year
Total assets £26.83M £254.19K 2022 year on year
Total Liabilities £22.00M £897.61K 2022 year on year
Charges 10
5 outstanding 5 satisfied

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Contact & Details

Registered Address

C/O Interpath Ltd 5th Floor, 130 St. Vincent Street Glasgow G2 5HF

Office (Glasgow)

Kelvin Campus, Maryhill Rd, Glasgow G20 0SP

Website

m2lasers.com

Credit Report

Discover M SQUARED LASERS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2022
Type Total Exemption Full
Next accounts 31 December 2023
Due by 30 September 2024 9 months

Net Assets, Total Assets & Total Liabilities (2015–2022)

Cash in Bank

£181.68k

Increased by £57.14k (+46%)

Net Assets

£4.83M

Increased by £1.15M (+31%)

Total Liabilities

£22.00M

Decreased by £897.61k (-4%)

Turnover

£17.84M

Increased by £476.45k (+3%)

Employees

68

Decreased by 29 (-30%)

Debt Ratio

82%

Decreased by 4 (-5%)

Financial History

Revenue, profit, EBITDA and key financial figures

2022
Dec Year End
2021
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£3.4m awarded
Show:

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

3 Allotments 532,431 Shares £25.02m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
8 Apr 201450,000£25.00m£500
12 Jul 2012380,871£19k£0.05
22 May 2012101,560£6k£0.055

Officers

Officers

3 active 17 resigned
Status
Angus Kennedy MorrisonDirectorBritishScotland6430 Nov 2006Active
Gareth Thomas MakerDirectorBritishScotland615 Dec 2005Active
Graeme Peter Alexander MalcolmDirectorBritishUnited Kingdom572 Nov 2005Active

Shareholders

Shareholders (10)

M Squared Technologies Group Limited
100.0%
4,710,4853 Feb 2021
Stuart Malcolm
0.0%
03 Feb 2021
Scottish Enterprise
0.0%
03 Feb 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

M Squared Technologies Group Limited

United Kingdom

Active
Notified 13 Nov 2020
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent

Bgf Nominees Limited

Ceased 1 Oct 2017

Ceased

Bgf Gp Limited

Ceased 13 Nov 2020

Ceased

Group Structure

Group Structure

M SQUARED TECHNOLOGIES GROUP LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent
M SQUARED LASERS LIMITED Current Company
M SQUARED LIFE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
M SQUARED OIL AND GAS LTD united kingdom shares 75 to 100 percent
SOLUS TECHNOLOGIES LIMITED united kingdom shares 75 to 100 percent

Charges

Charges

5 outstanding 5 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
4 Nov 2025InsolvencyLiquidation In Administration Result Creditors Decision ScotlandView(5 pages)
15 Oct 2025InsolvencyLiquidation In Administration Notice Administrators Proposals ScotlandView(53 pages)
8 Oct 2025InsolvencyLiquidation In Administration Statement Of Affairs With Form Attached ScotlandView(20 pages)
1 Oct 2025InsolvencyLiquidation In Administration Statement Of Affairs With Form Attached ScotlandView(18 pages)
19 Sept 2025OfficersTermination of Stuart Richard Fraser Malcolm as director on 2025-09-18View(1 page)
4 Nov 2025 Insolvency

Liquidation In Administration Result Creditors Decision Scotland

15 Oct 2025 Insolvency

Liquidation In Administration Notice Administrators Proposals Scotland

8 Oct 2025 Insolvency

Liquidation In Administration Statement Of Affairs With Form Attached Scotland

1 Oct 2025 Insolvency

Liquidation In Administration Statement Of Affairs With Form Attached Scotland

19 Sept 2025 Officers

Termination of Stuart Richard Fraser Malcolm as director on 2025-09-18

Recent Activity

Latest Activity

Liquidation In Administration Result Creditors Decision Scotland

3 months ago on 4 Nov 2025

Liquidation In Administration Notice Administrators Proposals Scotland

4 months ago on 15 Oct 2025

Liquidation In Administration Statement Of Affairs With Form Attached Scotland

4 months ago on 8 Oct 2025

Liquidation In Administration Statement Of Affairs With Form Attached Scotland

4 months ago on 1 Oct 2025

Termination of Stuart Richard Fraser Malcolm as director on 2025-09-18

5 months ago on 19 Sept 2025