MICHELL INSTRUMENTS LIMITED

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 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the factors that impact Michell Instruments Limited ("the company") in conjunction with their assessment of the position of the Specialty Measurement Holdco group ("the Group"). They have considered the future development, performance, cash flows and financial position along with the current and forecast liquidity in forming their opinion on the going concern basis. Based on the above assessment 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 these financial statements. Therefore, the Directors have continued to prepare these financial statements on a going concern basis.”

Significant events

• “On 20 November 2024 100% of the issued share capital of Specialty Measurement Topco Limited, the ultimate parent company of the Specialty Measurement Holdco Group was sold to Ark Bidco Limited.”
• “A fixed and floating charge on the assets of the company was registered on 31 March 2022 as security, alongside similar charges with other companies within the Group, on a term loan and revolving credit facility for the intermediate parent company, Specialty Measurement Bidco Limited. The liabilities in respect of these charges as at the date of the charge registration were £212 million. This charge was satisfied on 20 November 2024.”
• “A fixed and floating charge on the assets of the company was registered on 28 February 2025 as security, alongside similar charges with other companies within the Group, on a term loan and revolving credit facility for the intermediate parent company, Ark Bidco Limited.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +7.2%

  £37,773,900 → £40,483,166

• Cash

  +208.4%

  £747,551 → £2,305,145

• Net assets

  +23.6%

  £43,778,509 → £54,115,353

• Employees

  +10.9%

  174 → 193

• Operating profit

  +93.9%

  £4,069,989 → £7,893,620

• Profit before tax

  +0.9%

  £9,916,872 → £10,003,884

• Wages

  +12.5%

  £7,876,171 → £8,860,851

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