Latis Scientific Limited
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Latis Scientific Limited - overview
Established
1983
Location
Kent, -, UK
Primary Industry
Environmental Services
About
Based in Kent, UK, and founded in 1983, Latis Scientific Limited, a. k. a. Latis Scientific provides laboratory services for energy, food testing, healthcare, and wastewater treatment.
In October 2023, Normec, a portfolio company of Astorg, acquired Latis Scientific Limited. The company provides laboratory services for a wide range of industries, including building services, energy, food, healthcare, leisure and recreation, and more. Latis Scientific Limited offers analytical solutions to ensure the control of microbiological risk, prevent corrosion of pipework, plant maintenance, and provision of clean air across food or beverage production facilities, the healthcare industry, swimming pools, spa pools, hydrotherapy pools, ground water, surface water, waste waters, and more.
Current Investors
Normec Group
Primary Industry
Environmental Services
Sub Industries
Consulting Services, Water & Sewer Utilities, Environmental Services
Website
www.latisscientific.co.uk
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Latis Scientific Limited - timeline of key events
Latis Scientific Limited - financials
| Fiscal Year Ended | Mar 31, 2014 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 4,257,000 | 3,716,000 | 5,343,000 | 5,684,000 | 5,540,000 | 6,121,000 | 6,948,288 | 6,573,859 | 6,981,720 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 6.4% | (2.5%) | 10.5% | 13.5% | (5.4%) | 6.2% | - | - | - |
| EBITDA (USD) | 896,000 | 828,000 | 779,000 | 210,000 | (221,000) | 666,000 | 501,650 | 52,669 | 521,475 | - | - | - |
| Operating Income (USD) | 787,000 | 741,000 | 658,000 | 74,000 | (702,000) | 15,000 | (193,125) | (634,527) | (109,998) | - | - | - |
| Operating Margin | 18.5% | 19.9% | 12.3% | 1.3% | (12.7%) | 0.2% | (2.8%) | (9.7%) | (1.6%) | - | - | - |
| % EBITDA Margin | 21.0% | 22.3% | 14.6% | 3.7% | (4.0%) | 10.9% | 7.2% | 0.8% | 7.5% | - | - | - |
| NET Income (USD) | 579,000 | 719,000 | 662,000 | 58,000 | (754,000) | (128,000) | (192,727) | (650,411) | (220,994) | - | - | - |
| % Net Margin | 13.6% | 19.3% | 12.4% | 1.0% | (13.6%) | (2.1%) | (2.8%) | (9.9%) | (3.2%) | - | - | - |
Latis Scientific Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Latis Scientific Limited | - |
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Latis Scientific Limited - employee data
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