RESEARCH INSTRUMENTS LIMITED
Operating as a wholly owned subsidiary of CooperSurgical Holdings Limited, the company manufactures medical and dental instruments and supplies from its base in Cornwall.
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Cash
£693k
+320.7% vs 2024
Net assets
£120m
-9.7% vs 2024
Employees
84
-2.3% vs 2024
Profit before tax
£3.5m
-79.7% first positive since 2020
Net assets
5-year trend · vs Health Care median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31
| Metric | Trend | 2020-10-31 | 2021-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £18,715,507 | £19,021,049 | £23,405,790 | £25,950,318 | £21,406,361 | -17.5% | |
| Operating profit | £2,675,827 | £976,181 | £998,174 | £1,522,454 | £1,250,786 | -17.8% | |
| Profit before tax | -£1,739,745 | £32,242,586 | £666,932 | £17,321,234 | £3,511,789 | -79.7% | |
| Net profit | -£2,421,996 | £29,540,397 | £401,644 | £16,616,196 | £4,520,962 | -72.8% | |
| Cash | £1,413,692 | £1,469,907 | £3,705,404 | £164,605 | £692,553 | +320.7% | |
| Total assets less current liabilities | £115,933,249 | £116,046,755 | £119,898,459 | £133,469,561 | £120,490,523 | -9.7% | |
| Net assets | £114,888,155 | £115,001,661 | £118,853,365 | £133,469,561 | £120,490,523 | -9.7% | |
| Equity | — | — | £118,853,365 | £133,469,561 | £120,490,523 | -9.7% | |
| Average employees | 58 | 67 | 88 | 86 | 84 | -2.3% | |
| Wages | £2,563,712 | £2,367,562 | £3,452,231 | £3,716,211 | £3,891,184 | +4.7% | |
| Directors' remuneration | — | — | — | — | — | — |
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 | 2020-10-31 | 2021-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|---|---|---|
| Operating margin | 14.3% | 5.1% | 4.3% | 5.9% | 5.8% | |
| Net margin | -12.9% | 155.3% | 1.7% | 64.0% | 21.1% | |
| Return on capital employed | 2.3% | 0.8% | 0.8% | 1.1% | 1.0% | |
| Gearing (liabilities / total assets) | -563.7% | -547.2% | 11.3% | 2.3% | 1.1% | |
| Current ratio | — | — | 1.89x | 9.97x | 11.39x | |
| Interest cover | — | 44.72x | 3.00x | 4.52x | — |
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.
Name history
Renamed 1 time since incorporation
- RESEARCH INSTRUMENTS LIMITED 2000-03-21 → present
- WESTQUEST (CORNWALL) LIMITED 1997-08-13 → 2000-03-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Francis Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- RESEARCH INSTRUMENTS LIMITED · parent
- Origio A/S 100%
- Origio Italia SRL 100%
- Origio France Sarl 100%
- Aktieselskabet af 20/11 2003 100%
- Origio GmbH 100%
- Origio Benelux BV 100%
- Origio India Pvt. Ltd. 100%
- Origio Medicult Espana SL 100%
- Origio Ltd. 100%
- CooperSurgical Japan K.K. 100%
- Origio LLC 100%
- Origio Cooper LLC 100%
- Origio Australasia Pty Ltd 100%
- Generate Life Sciences Australia Pty Ltd 100%
- Cell Care Australia Pty Ltd. 100%
- Generate CC Australia Pty Ltd 100%
- SC Storage Holdings Pty Ltd. 100%
- SC Storage Finance Pty Ltd. 100%
- SC Storage Operations Pty Ltd. 100%
Significant events
- “An onerous lease provision was recognised in the prior year in relation to vacant premises. The company has previously actively marketed the property and engaged in negotiations with third parties regarding assignment of the lease.”
- “On 27 May 2026, the company paid a dividend of £3,500,000 to CooperSurgical Holdings Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDREWS, Brian George | Director | 2019-04-04 | May 1978 | American |
| PENFOLD, Nigel Anton | Director | 2025-02-04 | Sep 1972 | British |
| RICUPATI, Agostino | Director | 2017-10-02 | Jan 1967 | American |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JACOBSON, Adam David Barnard | Secretary | 1997-08-13 | 2000-03-09 |
| LANSDOWNE, David Charles | Secretary | 2000-03-09 | 2017-02-20 |
| AUERBACH, Robert Dave | Director | 2015-12-17 | 2019-04-04 |
| BLAIR, Kerry Lee | Director | 2017-04-26 | 2019-04-04 |
| BROWN, William Richard | Director | 2000-03-09 | 2015-12-17 |
| CALCAGNO, John Joseph | Director | 2019-04-18 | 2025-02-04 |
| GOLDEN, Randal Louis | Director | 2019-04-04 | 2020-04-30 |
| HANSEN, David Truels | Director | 2015-12-17 | 2021-03-30 |
| HVIDKJAER, Jeannett | Director | 2015-12-17 | 2018-05-16 |
| III, Albert George White | Director | 2017-01-31 | 2017-10-02 |
| KAUFMAN, Carol Rose | Director | 2015-12-17 | 2018-06-30 |
| LAMOND, Ian Douglas | Director | 1997-08-13 | 2000-03-09 |
| LANSDOWNE, David Charles | Director | 2000-03-09 | 2017-02-20 |
| MATZ, Gregory Wayne | Director | 2015-12-17 | 2017-01-31 |
| RETALLACK, Justin Charles | Director | 2000-03-09 | 2015-12-17 |
| TUCKER, Alan Thompson | Director | 2015-12-17 | 2019-04-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Coopersurgical Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 146 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2026-08-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-13 | CH01 | officers | Change person director company with change date | |
| 2025-08-01 | AA | accounts | Accounts with accounts type full | |
| 2025-07-01 | CH01 | officers | Change person director company with change date | |
| 2025-03-18 | CH01 | officers | Change person director company with change date | |
| 2025-02-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-05 | AA | accounts | Accounts with accounts type full | |
| 2024-02-07 | AA | accounts | Accounts with accounts type full | |
| 2023-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-12 | ANNOTATION | miscellaneous | Legacy | |
| 2023-01-05 | AD03 | address | Move registers to sail company with new address | |
| 2023-01-05 | AD02 | address | Change sail address company with new address | |
| 2022-10-31 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.