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Research Instruments Limited

03419143

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

Research Instruments Ltd, Bickland Industrial Park, Falmouth, TR11 4TA
Incorporated 13/08/1997

Previously known as

Westquest (Cornwall) Limited · until 21/03/2000

Compliance

Last accounts

31/10/2025

full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 02/08/2026

Due 16/08/2027

On track

Industry

32500
Manufacture of medical and dental instruments and supplies

Officers

Mr Agostino Ricupati

director · Since 02/10/2017

CORPORATE EXECUTIVE

AMERICAN · UNITED STATES · Age 59

Also on 13 other boards

Nigel Anton Penfold

director · Since 04/02/2025

DIRECTOR

BRITISH · UNITED STATES · Age 54

Mr Michael John Good

director · Since 03/08/2026

AMERICAN · UNITED STATES · Age 47

Nigel Anton Penfold

director · Since 04/02/2025

British · United States · Age 54

Michael John Good

director · Since 03/08/2026

American · United States · Age 47

Former

Ian Douglas Lamond

director · Resigned 09/03/2000

Adam David Barnard Jacobson

secretary · Resigned 09/03/2000

Justin Charles Retallack

director · Resigned 17/12/2015

William Richard Brown

director · Resigned 17/12/2015

Gregory Wayne Matz

director · Resigned 31/01/2017

David Charles Lansdowne

secretary · Resigned 20/02/2017

David Charles Lansdowne

director · Resigned 20/02/2017

Albert George White Iii

director · Resigned 02/10/2017

Jeannett Hvidkjaer

director · Resigned 16/05/2018

Carol Rose Kaufman

director · Resigned 30/06/2018

Alan Thompson Tucker

director · Resigned 04/04/2019

Robert Dave Auerbach

director · Resigned 04/04/2019

Kerry Lee Blair

director · Resigned 04/04/2019

Randal Louis Golden

director · Resigned 30/04/2020

David Truels Hansen

director · Resigned 30/03/2021

John Joseph Calcagno

director · Resigned 04/02/2025

Agostino Ricupati

director · Resigned 11/06/2026

Brian George Andrews

director · Resigned 03/08/2026

Mr Brian George Andrews

director · Resigned 03/08/2026

Persons with Significant Control

Coopersurgical Holdings Limited

75–100% shares
75–100% votes
Appoint directors

8, Concorde Way, Fareham, PO15 5RL

Reg: 9877160 · England And Wales · Limited Company

Notified 06/04/2016

Change History

statusactive
2026-08-16

Active

typeltd
2026-08-16

Private Limited Company

address line1Research Instruments Ltd
2026-08-16

RESEARCH INSTRUMENTS LTD

post townFalmouth
2026-08-16

FALMOUTH

officer appointedGOOD, Michael John
2026-08-16
officer appointedPENFOLD, Nigel Anton
2026-08-16

CompanyRankvs 15+ SIC 32500 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 31/10/2021

Turnover

£19.0M

Annual revenue

Net Worth

£115.0M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

£32.2M

Bottom line earnings

Net Current Assets

£9.1M

Working capital

Current Assets

£16.9M

Current Liabilities

£7.8M

Fixed Assets

£107.0M

Debtors

£4.8M

Cost of Sales

£14.4M

Gross Profit

£4.7M

Admin Expenses

£3.1M

Operating Profit

£976k

Profit After Tax

£29.5M

67avg. employees

Tax at Year End

Dividends paid-£29.4M

People Costs

Wages & salaries£2.4M
NI contributions£213k

Balance Sheet

Intangible assets£15k
Assets less current liabilities£116.0M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20212.16

Derived from filed accounts. Not audited figures.