INDUSTRIAL PHYSICS PRODUCT INTEGRITY LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-03-31.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +20.6%

  £7,526,123 → £9,074,846

• Cash

  -39.3%

  £261,271 → £158,568

• Net assets

  +377.1%

  £5,552,236 → £26,487,544

• Employees

  +28.6%

  42 → 54

• Operating profit

  -7.3%

  £215,996 → £200,317

• Profit before tax

  -725.7%

  £250,092 → -£1,564,852

• Wages

  +4.9%

  £2,853,304 → £2,993,351

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. INDUSTRIAL PHYSICS PRODUCT INTEGRITY LIMITED 2020-05-15 → present
2. SYSTECH INSTRUMENTS LIMITED 2002-03-21 → 2020-05-15
3. MADDERLAKE SCIENTIFIC LIMITED 1994-01-28 → 2002-03-21
4. MADDERLAKE ENTERPRISES LIMITED 1991-03-13 → 1994-01-28

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Wenn Townsend

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Group structure

1. INDUSTRIAL PHYSICS PRODUCT INTEGRITY LIMITED · parent
   1. Industrial Physics China Co., Ltd 100% · China · Sale of gas equipment and process instrumentation
   2. Torus Technology Group Limited 100% · United Kingdom · Holding company
   3. Torus Measurement Systems Limited 100% · United Kingdom · Manufacture of special purpose measurement equipment
   4. Torus Automation Limited 100% · United Kingdom · Design and assembly services
   5. Torus Americas Inc. 100% · United States · Installation and support services
   6. MP Calibration Services Limited 100% · United Kingdom · Inspection and calibration services

Significant events

• “On 28 June 2024, the company acquired 100% of the issued share capital of Torus Technology Group Limited, obtaining control. The principal activity of Torus Technology Group Limited is a holding company for a group that manufacture special purpose dimensional measurement equipment. Exceptional expenses incurred as part of the Torus Group acquisition during the year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

1

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.