Instro Precision Limited

Instro Precision Ltd from Sandwich UK: a large, holding company with an active status, was founded 61 years ago in 1964. The company employs 64 people and holds £6,463,149 in assets. It has a real address, three directors, and one owner. Google ratings are a bit low at 2.0 based on 10 reviews. Instro Precision regularly imports and exports optical and medical tools and devices – 231 months of imports and 221 months of exports recorded.

The company operates as a manufacturer of electronic measuring, testing equipment, not for industrial process control. It’s a large company, meeting two of three conditions: turnover exceeding £36 million, a balance sheet total over £18 million, and more than 250 employees. Elbit Systems Uk Ltd owns Instro Precision, and the directorate includes Knight John Frederick, Fausset Martin Clifford St John, and Yarden Nadav.

While the company’s website is minimal, it suggests a focus on precision engineering and medical technology. There’s no e-commerce presence, indicating a business-to-business model rather than direct sales to consumers.

Financial data reveals a mixed picture. Current assets decreased by 11% to £6,500,000, while net assets increased by 2.9% to £4,600,000. Bank borrowings surged by 850% to £42,000, and cash reserves plummeted 76% to £220,000. Creditors decreased by 44% to £540,000. The company’s staff costs increased by 9.6% to £2,900,000. Losses deepened to -£130,000. The company’s financial statements were audited by Edwards.

The significant increase in bank borrowings and decrease in cash reserves suggests the company is investing heavily, potentially in new equipment or expansion. The decrease in creditors could indicate improved debt management. It’s unclear if the company is financially healthy, or burning through money like a startup, but the increased investment and losses should be monitored.

Registered in England/Wales under the registration number 00794972, with a registered address at CT13 9FL, United Kingdom, Sandwich, Kent, Sentinel House Artillery Way, Discovery Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.