the association for laboratory medicine
the association for laboratory medicine Company Information
Company Number
00863235
Next Accounts
Sep 2025
Shareholders
-
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
130-132 tooley street, london, SE1 2TU
Website
http://acb.org.ukthe association for laboratory medicine Estimated Valuation
Pomanda estimates the enterprise value of THE ASSOCIATION FOR LABORATORY MEDICINE at £850.6k based on a Turnover of £835.5k and 1.02x industry multiple (adjusted for size and gross margin).
the association for laboratory medicine Estimated Valuation
Pomanda estimates the enterprise value of THE ASSOCIATION FOR LABORATORY MEDICINE at £0 based on an EBITDA of £-26.6k and a 6.8x industry multiple (adjusted for size and gross margin).
the association for laboratory medicine Estimated Valuation
Pomanda estimates the enterprise value of THE ASSOCIATION FOR LABORATORY MEDICINE at £6.9m based on Net Assets of £2.9m and 2.35x industry multiple (adjusted for liquidity).
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The Association For Laboratory Medicine Overview
The Association For Laboratory Medicine is a live company located in london, SE1 2TU with a Companies House number of 00863235. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in November 1965, it's largest shareholder is unknown. The Association For Laboratory Medicine is a mature, small sized company, Pomanda has estimated its turnover at £835.5k with healthy growth in recent years.
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The Association For Laboratory Medicine Health Check
Pomanda's financial health check has awarded The Association For Laboratory Medicine a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £835.5k, make it smaller than the average company (£2.9m)
£835.5k - The Association For Laboratory Medicine
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.2%)
12% - The Association For Laboratory Medicine
7.2% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (45%)
100% - The Association For Laboratory Medicine
45% - Industry AVG
Profitability
an operating margin of -8% make it less profitable than the average company (5.6%)
-8% - The Association For Laboratory Medicine
5.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (23)
6 - The Association For Laboratory Medicine
23 - Industry AVG
Pay Structure
on an average salary of £53.5k, the company has an equivalent pay structure (£53.5k)
- The Association For Laboratory Medicine
£53.5k - Industry AVG
Efficiency
resulting in sales per employee of £139.2k, this is equally as efficient (£126.2k)
£139.2k - The Association For Laboratory Medicine
£126.2k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (56 days)
59 days - The Association For Laboratory Medicine
56 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - The Association For Laboratory Medicine
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Association For Laboratory Medicine
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (25 weeks)
44 weeks - The Association For Laboratory Medicine
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.1%, this is a lower level of debt than the average (53.2%)
13.1% - The Association For Laboratory Medicine
53.2% - Industry AVG
THE ASSOCIATION FOR LABORATORY MEDICINE financials
The Association For Laboratory Medicine's latest turnover from December 2023 is £835.5 thousand and the company has net assets of £2.9 million. According to their latest financial statements, The Association For Laboratory Medicine has 6 employees and maintains cash reserves of £346.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 835,477 | 863,381 | 614,290 | 602,018 | 733,474 | 790,943 | 829,505 | 889,461 | 938,302 | 1,192,689 | 1,215,370 | 1,232,039 | 1,308,525 | 1,320,173 | 1,355,528 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 14,068 | 0 | 0 | 0 | 0 | |||||
| Gross Profit | 835,477 | 863,381 | 614,290 | 602,018 | 733,474 | 776,875 | 829,505 | 889,461 | 938,302 | 1,192,689 | |||||
| Admin Expenses | 902,041 | 234,286 | 699,126 | 722,374 | 807,883 | 785,833 | 959,290 | 946,270 | 863,687 | 1,299,444 | |||||
| Operating Profit | -66,564 | 629,095 | -84,836 | -120,356 | -74,409 | -8,958 | -129,785 | -56,809 | 74,615 | -106,755 | 90,812 | -18,887 | 33,140 | -33,567 | 5,577 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 8,775 | 1,270 | 85 | 414 | 1,244 | 584 | 37 | 365 | 373 | 367 | 98 | 405 | 446 | 342 | 5,952 |
| Pre-Tax Profit | 73,686 | 458,989 | -9,796 | -106,652 | -39,226 | 27,987 | -87,272 | -16,344 | 117,866 | -90,874 | 116,088 | -12,405 | 44,967 | -24,492 | 196,120 |
| Tax | -17,139 | 22,532 | 50,373 | -9,715 | -14,015 | 12,475 | 0 | 0 | 2,639 | 0 | -835 | 2,904 | -6,199 | -72 | -1,250 |
| Profit After Tax | 56,547 | 481,521 | 40,577 | -116,367 | -53,241 | 40,462 | -87,272 | -16,344 | 120,505 | -90,874 | 115,253 | -9,501 | 38,768 | -24,564 | 194,870 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 56,547 | 481,521 | 40,577 | -116,367 | -53,241 | 40,462 | -87,272 | -16,344 | 120,505 | -90,874 | 115,253 | -9,501 | 38,768 | -24,564 | 194,870 |
| Employee Costs | 0 | 213,408 | 210,010 | 215,721 | |||||||||||
| Number Of Employees | 6 | 6 | 7 | 8 | 6 | 6 | 7 | 7 | 7 | ||||||
| EBITDA* | -26,597 | 673,775 | -29,949 | -85,005 | -48,977 | 23,323 | -81,815 | -25,352 | 106,042 | -74,829 | 113,860 | 3,244 | 55,407 | -11,140 | 28,191 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 297,853 | 304,935 | 628,343 | 650,195 | 677,635 | 687,443 | 717,902 | 786,967 | 788,844 | 818,951 | 798,429 | 821,477 | 838,448 | 860,715 | 883,142 |
| Intangible Assets | 19,936 | 46,140 | 72,350 | 81,436 | 0 | 0 | 680 | 1,360 | 2,040 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,507,790 | 2,420,954 | 1,613,098 | 1,610,594 | 1,606,991 | 1,525,651 | 1,596,127 | 1,569,258 | 1,547,856 | 1,519,438 | 1,154,261 | 1,142,212 | 1,149,929 | 1,159,287 | 1,150,554 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,825,579 | 2,772,029 | 2,313,791 | 2,342,225 | 2,284,626 | 2,213,094 | 2,314,709 | 2,357,585 | 2,338,740 | 2,338,389 | 1,952,690 | 1,963,689 | 1,988,377 | 2,020,002 | 2,033,696 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 136,183 | 92,682 | 73,408 | 33,758 | 94,743 | 87,262 | 14,174 | 27,642 | 57,046 | 112,121 | 63,395 | 165,767 | 105,726 | 69,613 | 93,678 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 54,157 | 33,380 | 40,209 | 64,582 | 48,304 | 38,496 | 41,397 | 76,678 | 206,572 | 101,124 | 89,351 | 48,201 | 52,681 | 100,847 | 97,836 |
| Cash | 346,130 | 456,446 | 266,744 | 309,380 | 443,408 | 546,034 | 498,142 | 612,951 | 464,991 | 494,959 | 647,301 | 465,847 | 656,096 | 378,463 | 422,014 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 536,470 | 582,508 | 380,361 | 407,720 | 586,455 | 671,792 | 553,713 | 717,271 | 728,609 | 708,204 | 800,047 | 679,815 | 814,503 | 548,923 | 613,528 |
| total assets | 3,362,049 | 3,354,537 | 2,694,152 | 2,749,945 | 2,871,081 | 2,884,886 | 2,868,422 | 3,074,856 | 3,067,349 | 3,046,593 | 2,752,737 | 2,643,504 | 2,802,880 | 2,568,925 | 2,647,224 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 84,929 | 53,566 | 79,038 | 104,385 | 140,375 | 68,476 | 58,633 | 61,211 | 109,539 | 95,586 | 33,601 | 73,536 | 65,111 | 51,715 | 63,404 |
| Group/Directors Accounts | 673 | 1,223 | 17,223 | 33,191 | 66,595 | 75,989 | 87,963 | 88,733 | 94,717 | 100,730 | 138,743 | 240,598 | 417,362 | 332,765 | 264,429 |
| other short term finances | 10,648 | 10,648 | 10,648 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 309,965 | 396,012 | 140,749 | 141,141 | 136,231 | 172,105 | 176,579 | 292,393 | 184,720 | 294,707 | 332,767 | 196,997 | 178,533 | 81,339 | 191,721 |
| total current liabilities | 406,215 | 461,449 | 247,658 | 278,717 | 343,201 | 316,570 | 323,175 | 442,337 | 388,976 | 491,023 | 505,111 | 511,131 | 661,006 | 465,819 | 519,554 |
| loans | 17,168 | 27,816 | 38,465 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 16,847 | 0 | 24,278 | 78,054 | 68,339 | 55,534 | 72,927 | 72,927 | 72,927 | 79,764 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 34,015 | 27,816 | 62,743 | 128,054 | 68,339 | 55,534 | 72,927 | 72,927 | 72,927 | 79,764 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 440,230 | 489,265 | 310,401 | 406,771 | 411,540 | 372,104 | 396,102 | 515,264 | 461,903 | 570,787 | 505,111 | 511,131 | 661,006 | 465,819 | 519,554 |
| net assets | 2,921,819 | 2,865,272 | 2,383,751 | 2,343,174 | 2,459,541 | 2,512,782 | 2,472,320 | 2,559,592 | 2,605,446 | 2,475,806 | 2,247,626 | 2,132,373 | 2,141,874 | 2,103,106 | 2,127,670 |
| total shareholders funds | 2,921,819 | 2,865,272 | 2,383,751 | 2,343,174 | 2,459,541 | 2,512,782 | 2,472,320 | 2,559,592 | 2,605,446 | 2,475,806 | 2,247,626 | 2,132,373 | 2,141,874 | 2,103,106 | 2,127,670 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -66,564 | 629,095 | -84,836 | -120,356 | -74,409 | -8,958 | -129,785 | -56,809 | 74,615 | -106,755 | 90,812 | -18,887 | 33,140 | -33,567 | 5,577 |
| Depreciation | 13,763 | 18,470 | 29,811 | 27,948 | 25,432 | 31,601 | 47,290 | 30,777 | 31,427 | 31,926 | 23,048 | 22,131 | 22,267 | 22,427 | 22,614 |
| Amortisation | 26,204 | 26,210 | 25,076 | 7,403 | 0 | 680 | 680 | 680 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -17,139 | 22,532 | 50,373 | -9,715 | -14,015 | 12,475 | 0 | 0 | 2,639 | 0 | -835 | 2,904 | -6,199 | -72 | -1,250 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 64,278 | 12,445 | 15,277 | -44,707 | 17,289 | 70,187 | -48,749 | -159,298 | 50,373 | 60,499 | -61,222 | 55,561 | -12,053 | -21,054 | 191,514 |
| Creditors | 31,363 | -25,472 | -25,347 | -35,990 | 71,899 | 9,843 | -2,578 | -48,328 | 13,953 | 61,985 | -39,935 | 8,425 | 13,396 | -11,689 | 63,404 |
| Accruals and Deferred Income | -86,047 | 255,263 | -392 | 4,910 | -35,874 | -4,474 | -115,814 | 107,673 | -109,987 | -38,060 | 135,770 | 18,464 | 97,194 | -110,382 | 191,721 |
| Deferred Taxes & Provisions | 16,847 | -24,278 | -53,776 | 9,715 | 12,805 | -17,393 | 0 | 0 | -6,837 | 79,764 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -145,851 | 889,375 | -74,368 | -71,378 | -31,451 | -46,413 | -151,458 | 193,291 | -44,563 | -31,639 | 270,082 | -22,524 | 171,851 | -112,229 | 90,552 |
| Investing Activities | |||||||||||||||
| capital expenditure | -79,812 | -22,643 | 0 | ||||||||||||
| Change in Investments | 86,836 | 807,856 | 2,504 | 3,603 | 81,340 | -70,476 | 26,869 | 21,402 | 28,418 | 365,177 | 12,049 | -7,717 | -9,358 | 8,733 | 1,150,554 |
| cash flow from investments | -101,214 | -51,061 | -365,177 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -550 | -16,000 | -15,968 | -33,404 | -9,394 | -11,974 | -770 | -5,984 | -6,013 | -38,013 | -101,855 | -176,764 | 84,597 | 68,336 | 264,429 |
| Other Short Term Loans | 0 | 0 | 10,648 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,648 | -10,649 | -11,535 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 8,775 | 1,270 | 85 | 414 | 1,244 | 584 | 37 | 365 | 373 | 367 | 98 | 405 | 446 | 342 | 5,952 |
| cash flow from financing | -2,423 | -25,379 | -16,770 | 17,010 | -8,150 | -11,390 | -733 | -35,129 | 3,495 | 281,408 | -101,757 | -176,359 | 85,043 | 68,678 | 2,203,181 |
| cash and cash equivalents | |||||||||||||||
| cash | -110,316 | 189,702 | -42,636 | -134,028 | -102,626 | 47,892 | -114,809 | 147,960 | -29,968 | -152,342 | 181,454 | -190,249 | 277,633 | -43,551 | 422,014 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -110,316 | 189,702 | -42,636 | -134,028 | -102,626 | 47,892 | -114,809 | 147,960 | -29,968 | -152,342 | 181,454 | -190,249 | 277,633 | -43,551 | 422,014 |
the association for laboratory medicine Credit Report and Business Information
The Association For Laboratory Medicine Competitor Analysis
Perform a competitor analysis for the association for laboratory medicine by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
the association for laboratory medicine Ownership
THE ASSOCIATION FOR LABORATORY MEDICINE group structure
The Association For Laboratory Medicine has no subsidiary companies.
Ultimate parent company
THE ASSOCIATION FOR LABORATORY MEDICINE
00863235
the association for laboratory medicine directors
The Association For Laboratory Medicine currently has 22 directors. The longest serving directors include Miss Kamaljit Kaur (Jun 2018) and Mrs Alexandra Yates (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Kamaljit Kaur | 46 years | Jun 2018 | - | Director | |
| Mrs Alexandra Yates | 45 years | May 2019 | - | Director | |
| Dr Mayur Patel | 48 years | May 2019 | - | Director | |
| Dr Sarah Glover | 42 years | Nov 2019 | - | Director | |
| Mrs Sarah Robinson | 47 years | Jun 2020 | - | Director | |
| Dr Robert Shorten | 46 years | Jun 2020 | - | Director | |
| Miss Prangige Peiris | 32 years | Sep 2020 | - | Director | |
| Dr Ian Godber | 52 years | Jun 2021 | - | Director | |
| Mrs Susan Prosser | 57 years | Jun 2021 | - | Director | |
| Mr Benjamin Nicholson | 33 years | Jul 2022 | - | Director |
P&L
December 2023turnover
835.5k
-3%
operating profit
-66.6k
-111%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.9m
+0.02%
total assets
3.4m
0%
cash
346.1k
-0.24%
net assets
Total assets minus all liabilities
the association for laboratory medicine company details
company number
00863235
Type
Private Ltd By Guarantee w/o Share Cap
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
November 1965
age
60
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
the association for clinical biochemistry and laboratory medicine (March 2024)
the association for clinical biochemistry (April 2013)
See moreaccountant
-
auditor
HW FISHER LLP
address
130-132 tooley street, london, SE1 2TU
Bank
HSBC BANK PLC
Legal Advisor
-
the association for laboratory medicine Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to the association for laboratory medicine.
the association for laboratory medicine Capital Raised & Share Issues BETA
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the association for laboratory medicine Companies House Filings - See Documents
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