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Omega Diagnostics Gp (ODX)

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Wednesday 27 September, 2006

Omega Diagnostics Gp

Interim Results

Omega Diagnostics Group PLC
27 September 2006





Omega Diagnostics Group PLC

26-Sep-2006





   Omega Diagnostics Group PLC (formerly Quintessentially English PLC) 
                               (the 'Company')



                                Interim Results


The Company announces its interim results for the six month period to 30th June
2006. These interim results do not include any results for Omega Diagnostics
Limited ('Omega'), the acquisition of which was announced on 24th August 2006
and unanimously approved by shareholders at the EGM on 18th September 2006.

Since the Company's Admission to AIM in March 2004 it has continued to evaluate
a number of potential acquisitions and this has resulted in the purchase of
Omega.

During the six months ended 30th June 2006, there was a turnover in respect of
the Company (excluding Omega) of £Nil, and a loss after tax of £73,218, the bulk
of which related to abort fees incurred on prospective acquisitions paid to
advisers undertaking due diligence. No Company directors received any
remuneration during the period and no dividend is recommended.



The future

Omega manufactures and distributes test kits for tropical and other diseases on
a global basis, selling product through a strong distribution network in over
100 countries and which it has been involved in for the past 19 years. Omega has
identified a number of prospective and related acquisitions and intends to grow
in this way.

Michael Gurner will be staying on as a non-executive director and Robert Coe and
Graham Ashley have resigned following the EGM. David Evans has become Chairman
and Andrew Shepherd and Kieron Harbinson have joined the Board as Chief
Executive and Finance Director respectively.


For further information:


Omega Diagnostics Group PLC
Mr Michael Gurner, 07768 231 731



Profit and Loss Account
For the period 01/01/06 to 30/06/06


                                                           Note   Period Ended 30/06 Period Ended 30/06
                                                                    /2006 (unaudited)  /2005 (unaudited)
                                                                                   £                  £

Turnover                                                                           -                  -
Administrative expenses                                                     (75,850)           (60,633)
Operating Loss                                                              (75,850)           (60,633)
Interest Receivable                                                            2,674              4,382
Interest Payable                                                                (42)               (32)
Loss on ordinary activities before taxation                  1              (73,218)           (56,283)
Taxation                                                                           -                  -
Loss on ordinary activities after taxation                                  (73,218)           (56,283)
Basic and diluted earnings per Ordinary share (pence)                         (0.66)             (0.50)
Dividends per share (pence)                                                        0                  0




Balance Sheet
As at 30/06/06


                               Note                          30/06/2006                        30/06/2005
                                                            (unaudited)                       (unaudited)
                                                     £                £                £                £

Fixed Assets
Investments                                                           2                                 2
Current Assets
Prepayments                                      3,825                                 0
Cash at bank in hand                           124,820                           198,277
Current Liabilities
Creditors: Amounts falling                    (80,122)                          (48,120)
due within one year
Net current assets                                               48,523                           150,157
Total assets less current                                        48,525                           150,159
liabilities
Called up share capital         2                               111,769                           111,769
Share premium                   3                               167,867                           167,867
Profit and loss account                                       (231,111)                         (129,477)
Equity shareholders funds                                        48,525                           150,159
Net assets per share (pence)    4                                 0.43p                             1.34p





Cash Flow Statement



For the period from 01/01/06 to 30/06/06


                                                           Note   Period Ended 30/06 Period Ended 30/06
                                                                   /2006 (unaudited)  /2005 (unaudited)
                                                                                   £                  £

Net cash inflow from operating activities                                   (29,938)           (28,677)
Returns on investment and servicing of finance:
Interest received                                                              2,674              4,382
Interest payable                                                                (42)               (32)
Decrease in cash                                                            (27,306)           (24,327)





Notes to the Interim Report





1.  Loss on ordinary activities before taxation



The loss for the period is representative of operational overheads incurred in
the period.





2.  Called up share Capital



The issued share capital compromises 11,176,865 ordinary shares of 1p each,
consisting of 200 shares of 1p each issued as two £1 subscriber shares on
incorporation and converted into 1p shares on 23rd February 2004, 6,666,665
ordinary shares of 1p each issued on 24th February 2004 and 4,510,000 ordinary
shares of 1p each issued on 18th March 2004.





3.  Share premium



The share premium represents:


                                                                                                 £


Premium arising on issues of ordinary shares in the period ended 31/12/2004                213,731
Expenses of shares issues in the period ending 31/12/2004                                  (45,864)


At 30th June 2006                                                                          167,867






4.  Net assets per share



The calculation of net assets per share is based on the net assets at the end of
the period of £48,525 and on the number of ordinary shares in issue (11,176,865)
at 30th June 2006.





5.  Preparation of Interim Report



The interim financial information for the period from 1 January 2006 to 30th
June 2006 was approved by the directors on 26 September 2006.





6.  Financial information



The financial information in this statement does not constitute statutory
accounts within the meaning of section 240 of the Companies Act 1985.




                      This information is provided by RNS
            The company news service from the London Stock Exchange         QQLFLQKBEBBD