MALVERN PANALYTICAL LIMITED

1. MALVERN PANALYTICAL LIMITED 2018-01-05 → present
2. MALVERN INSTRUMENTS LIMITED 1990-05-09 → 2018-01-05
3. CRAY INSTRUMENTS AND CONTROL LIMITED 1989-02-28 → 1990-05-09
4. MALVERN INSTRUMENTS LIMITED 1971-08-11 → 1989-02-28

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making due enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of the financial statements. The Company and its ultimate parent entity Spectris plc continue to conduct ongoing risk assessments on its business operations and liquidity. Having undertaken assessments, the Directors consider that the Company will be able to continue in operational existence for at least 12 months from the date of approval of the financial statements.”

Group structure

1. MALVERN PANALYTICAL LIMITED · parent
   1. Malvern-Aimil Instruments Private Ltd 99.9% · India
   2. Nanosight Limited 100% · UK

Significant events

• “On 5 August 2025, the board of Project Aurora Bidco Limited (a special purpose vehicle indirectly wholly-owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. and its affiliates) (KKR BidCo) and the board of Spectris plc (Spectris, and the Spectris Board) announced that they had reached agreement on the terms of a recommended cash acquisition by KKR Bidco of the entire issued and to be issued share capital of Spectris (the KKR Acquisition).”

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

Filings

2

last 12 months

Capital events

0

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.

• Turnover

  -18.3%

  £207,583,000 → £169,582,000

• Cash

  -11.6%

  £6,012,000 → £5,317,000

• Net assets

  -32.6%

  £74,821,000 → £50,425,000

• Employees

  +2.7%

  526 → 540

• Operating profit

  -33.7%

  £58,357,000 → £38,677,000

• Profit before tax

  -33.6%

  £61,017,000 → £40,509,000

• Wages

  -11.5%

  £27,624,000 → £24,440,000

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