INSTRO PRECISION LIMITED
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Cash
£459K
+106.6% vs 2023
Net assets
£5M
+8.1% highest in 6 filed years
Employees
83
+16.9% vs 2023
Profit before tax
£542K
+195.9% highest in 6 filed years
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £5,275,976 | £7,614,066 | — | — | £21,919,110 | £30,964,083 | +41.3% | |
| Operating profit | -£2,346,171 | £58,367 | — | — | £224,490 | £589,745 | +162.7% | |
| Profit before tax | -£2,330,679 | £56,745 | -£519,805 | £232,954 | £183,281 | £542,360 | +195.9% | |
| Net profit | -£1,820,121 | £30,498 | -£415,052 | £133,580 | £130,613 | £370,028 | +183.3% | |
| Cash | £3,651,310 | £319,989 | £2,282,759 | £940,243 | £222,389 | £459,377 | +106.6% | |
| Total assets less current liabilities | £5,038,095 | £5,242,645 | £4,638,484 | £4,902,153 | £5,162,933 | £5,657,970 | +9.6% | |
| Net assets | £4,704,454 | £4,734,952 | £4,319,900 | £4,453,480 | £4,584,093 | £4,954,121 | +8.1% | |
| Equity | £4,704,454 | £4,734,952 | £4,319,900 | £4,453,480 | £4,584,093 | £4,954,121 | +8.1% | |
| Average employees | 95 | 70 | 67 | 64 | 71 | 83 | +16.9% | |
| Wages | £3,074,923 | £2,539,259 | £2,455,648 | £2,751,869 | £2,942,130 | £3,723,998 | +26.6% | |
| Directors' remuneration | £257,745 | £44,094 | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | -44.5% | 0.8% | — | — | 1.0% | 1.9% | |
| Net margin | -34.5% | 0.4% | — | — | 0.6% | 1.2% | |
| Return on capital employed | -46.6% | 1.1% | — | — | 4.3% | 10.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | 53.6% | 69.6% | |
| Current ratio | — | — | — | — | 1.37x | 1.17x | |
| Interest cover | — | 20.58x | — | — | 5.31x | 12.33x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Edwards
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “The company is principally engaged in ISTAR Electro Optics Solutions and Services with the strategic goal of being the leading UK supplier for the British forces and International customers.”
- “Sales turnover has increased during the year and the company exceeded the majority of its budgeted objectives in the year.”
- “Personnel changes in the senior management team; Increasing the company product portfolio as means to increase revenue stream; Approaching new regional markets; Reorganized sales and business development functions with a new strategic direction; Improved governance, implementing key performance indicators and management routines; Invested in staff well-being, engagement and motivation; Improved alignment with the wider corporate and group.”
- “There will be a focus on capital investment continuing in 2025 that will generate new revenue streams starting in 2025.”
- “The company completed 2024 with a strong backlog of orders that will support 2025 turnover and operating profit.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FAUSSET, Martin Clifford St John | Director | 2017-12-04 | Feb 1957 | British |
| KNIGHT, John Frederick | Director | 2021-07-31 | Aug 1968 | British |
| YARDEN, Nadav | Director | 2010-05-10 | Aug 1969 | Israeli |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PARSONS, Audrey Dorothy | Secretary | — | 1996-06-28 |
| SMITH, Michael Paul | Secretary | 1997-02-07 | 2016-07-05 |
| THOMPSON, Susan Jean | Secretary | 1996-06-26 | 1997-02-07 |
| ADAMS, Robert Anderson | Director | 2013-03-01 | 2017-06-06 |
| AHARONSON, Elad | Director | 2015-04-19 | 2019-11-30 |
| APPERLEY, Ralph Mannings | Director | — | 2008-12-31 |
| BROOK, Janette Lynn | Director | 2018-01-23 | 2020-04-24 |
| BROWN, Leslie Frederick | Director | — | 2007-01-26 |
| CHUTER, Matthew Edward Winn | Director | 2020-04-24 | 2021-07-31 |
| CROSS, Thomas | Director | 2017-06-06 | 2019-10-31 |
| DAR, Adi | Director | 2010-05-10 | 2015-04-19 |
| GADOT, Jacob | Director | 2010-05-10 | 2015-08-31 |
| GASPAR, Joseph | Director | 2010-05-10 | 2012-02-08 |
| HADAD, Zachi | Director | 2015-09-01 | 2019-07-18 |
| ISSLER, Shai | Director | 2012-02-09 | 2017-12-04 |
| MITCHELL, Ian Samuel James | Director | 1999-10-28 | 2018-08-10 |
| MORCOM, Christopher John | Director | 1996-06-28 | 2013-02-28 |
| PARSONS, Audrey Dorothy | Director | — | 1996-06-26 |
| PARSONS, David Frederick Walter | Director | — | 1996-09-27 |
| SLASKY, Dan Aubrey | Director | 2015-08-31 | 2017-10-14 |
| SMITH, Michael Paul | Director | 2002-03-18 | 2017-09-30 |
| THOMPSON, Susan Jean | Director | — | 1997-02-07 |
| ENDOMEDIX BV | Corporate Director | 1994-08-10 | 2010-05-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Elbit Systems Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-31 | Active |
| Elbit Systems Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-05-31 |
Filing timeline
Last 20 of 196 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-05-20 MA Memorandum articles
- 2022-05-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-31 | AUD | auditors | Auditors resignation company | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2023-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-06-29 | AD02 | address | Change sail address company with old address new address | |
| 2023-05-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-05-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-20 | AA | accounts | Accounts with accounts type full | |
| 2022-05-20 | MA | incorporation | Memorandum articles | |
| 2022-05-20 | RESOLUTIONS | resolution | Resolution | |
| 2021-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-08 | CH01 | officers | Change person director company with change date | |
| 2021-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-08-11 | AP01 | officers | Appoint person director company with name date | |
| 2021-08-11 | TM01 | officers | Termination director company with name termination date | |
| 2020-12-22 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.