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Materials Processing Institute

08919614

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

MATERIALS PROCESSING INSTITUTE, MIDDLESBROUGH, TS6 6US
Incorporated 03/03/2014

Compliance

Last accounts

31/03/2025

medium

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities

Officers

Dr Colin Andrew Church

director · Since 25/01/2019

CEO

BRITISH · ENGLAND · Age 59

Also on 15 other boards

Ms Janice Margaret Munday (Cbe)

director · Since 01/04/2022

NON-EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 70

Mr David William Pummell

director · Since 06/06/2022

RENEWABLE ENERGY CONSULTANT

ENGLISH · ENGLAND · Age 63

Also on 3 other boards

Dr Laura Jane Baker

director · Since 10/11/2023

SENIOR LEADER

BRITISH · WALES · Age 51

Mr Christopher James Oswin

director · Since 22/09/2025

SCIENTIFIC RESEARCHER

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Former

Mr Andrew Paterson

secretary · Resigned 03/07/2026

Charges2 outstanding

Charge
outstanding

PROPLEND SECURITY LIMITED

Created 17/12/2024Registered 20/12/2024
Charge
outstanding

PROPLEND SECURITY LIMITED

Created 17/12/2024Registered 20/12/2024
Charge
satisfied

NPIF TVC DEBT LP ACTING BY TVC LOANS NPIF GP LIMITED, AS THE GENERAL PARTNER OF NPIF TVC DEBT L

Created 11/11/2021Registered 12/11/2021Satisfied 18/12/2024
Charge
satisfied

NPIF TVC DEBT LP ACTING BY TVC LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF TVC DEBT L

Created 26/07/2021Registered 29/07/2021Satisfied 18/12/2024
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 04/09/2019Registered 09/09/2019Satisfied 31/03/2026
Charge
satisfied

BARCLAYS BANK PLC

Created 22/01/2018Registered 02/02/2018Satisfied 31/03/2026

CompanyRankvs 511+ SIC 71121 peers
63

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.63× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Liquidity16/20 pts

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

Longevity12/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to the going concern section within note 2 to the financial statements which indicates that the company is due to enter a company voluntary arrangement post year-end. As stated i

Key FinancialsYear ending 31/03/2025

Turnover

£5.7M

Annual revenue

Net Worth

£2.2M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

-£313k

Bottom line earnings

Net Current Assets

£1.9M

Working capital

Current Assets

£4.9M

Current Liabilities

£3.0M

Fixed Assets

£14.9M

Debtors

£3.1M

Cost of Sales

£3.4M

Gross Profit

£2.2M

Admin Expenses

£4.9M

Operating Profit

-£253k

Profit After Tax

£86k

70avg. employees

People Costs

Wages & salaries£2.6M
NI contributions£314k

Balance Sheet

Intangible assets£90k
Assets less current liabilities£16.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.63

Derived from filed accounts. Not audited figures.