Restructure · Funding · Investment · Northampton & Leamington Spa
The Way Forward
How Alltorc Innovations Ltd has been built and funded to date, the restructure that puts it on a sound footing, and the investment opportunity to carry it through to sale.
Material Innovation. Real World Impact.
Our product portfolio
Three patented innovations built on a single breakthrough material.
flexiTorc®
Ultra-flexible, reusable 3D-printable thermoplastic filament (1.75 mm & 2.85 mm). Low-melt re-shapability — mould, adjust, repeat. Worldwide licence with 50+ distributors across 20+ countries.
flexiWrap®
Smart, reusable, lightweight & washable prosthetic wrap. Lets users optimise prosthetic socket fit at home or on the go — restoring independence and reducing clinical visits.
torcTuff®
Thin, 100 g stab-proof sleeve (wrist-to-elbow). Tested per CAST BAS2017 & NIJ Level 2 (University of Birmingham). Replaceable flexiTorc® core — sustainable and repairable.
flexiTorc® applications
Prototyping
Rapid iteration of complex shapes with no tooling costs. Uses standard FDM & Direct Feed equipment with low-heat reshaping.
Medical Devices
Custom-fit orthotics, prosthetics and rehabilitation aids tailored precisely to patient requirements.
Tooling & Fixtures
Low-volume production tooling that can be reshaped on-site — reducing lead times and manufacturing costs.
Automotive
Lightweight, durable components ideal for custom runs and rapid prototyping in automotive design.
Consumer Goods
Personalised wearables, protective accessories and ergonomic products tailored to the individual.
Education & Research
Safe, reusable material for academic institutions and R&D labs exploring additive manufacturing.
How has this been funded?
The business has been predominantly funded through substantial director personal loans exceeding £500,000, supplemented by business loans and R&D Tax Credit reclaims — demonstrating strong founder conviction and commitment to the technology.
Step 1 — Reorganise
New company formed
Alltorc Innovations Ltd established as the new consolidated holding entity for the group.
torc2 Ltd amalgamated
torc2 Ltd will be fully merged into Alltorc Innovations Ltd, simplifying the structure.
torcProtective goes dormant
torcProtective Ltd will become dormant under the new structure, reducing complexity.
Patent costs capitalised
All patent and trademark costs will be capitalised, properly reflecting IP value on the balance sheet.
Patent & licence assignment
Assignment of the European Patent and trademarks, plus the worldwide manufacturing, distribution and licence agreement with the flexiTorc® material manufacturer.
Debt converted to equity
Long-term director loans converted from debt to equity — transforming the balance sheet deficit.
The restructure transforms the balance sheet
| Fixed Assets | |
| Intangibles – Patentnot yet capitalised | — |
| Total Fixed Assets | £0.00 |
| Current Assets | |
| Cash at bank | £792.03 |
| Inventory | £3.00 |
| Torcprotective Debt | £400.00 |
| Total Current Assets | £1,195.03 |
| Capital & Reserves | |
| Share Capital | £13,990.00 |
| Share Premium Account | £75,280.00 |
| Owner Funds Introduced | £30,805.12 |
| Current Year Earnings | £16,229.73 |
| Retained Earnings | (£753,148.83) |
| Total Capital & Reserves | (£616,843.98) |
| Current Liabilities (within 1 year) | |
| A. Brown/KMW Short Term Loan | £26,894.26 |
| Accounts Payable | £18,000.00 |
| Accruals | £12,417.51 |
| Accruals – TP offset | (£520.90) |
| Barclays Bank Loan | £3,330.53 |
| CWRT Loan – Current | £12,185.05 |
| Director Loan – K. Whatton | £12,662.82 |
| Directors Loan – G. Blundell | £12,850.49 |
| S Holland/GAB Short Term | £10,000.00 |
| Barclaycard for Business | £6,841.40 |
| VAT | £1,005.28 |
| Total Current Liabilities | £115,666.44 |
| Long-term Liabilities (after 1 year) | |
| Barclays Loan LT | £4,239.83 |
| CBILS Loan via CWRT | £48,132.74 |
| Directors Loan LT – G. Blundell | £220,000.00 |
| Directors Loan LT – K. Whatton | £230,000.00 |
| Total LT Liabilities | £502,372.57 |
| Net Assets | (£616,843.98) |
| Fixed Assets | |
| Intangibles – Patentcapitalised ✓ | £289,069.00 |
| Total Fixed Assets | £289,069.00 |
| Current Assets | |
| Cash at bank | £792.03 |
| Inventory | £3.00 |
| Torcprotective Debt | £885.75 |
| Total Current Assets | £1,680.78 |
| Capital & Reserves | |
| Share Capital | £13,990.00 |
| Share Premium Account | £75,280.00 |
| Current Year Earnings | £28,112.94 |
| Retained Earningstransformed ✓ | (£14,079.83) |
| Total Capital & Reserves | £103,303.11 |
| Current Liabilities (within 1 year) | |
| A. Brown/KMW Short Term Loan | £26,894.26 |
| Accounts Payable | £18,000.00 |
| Accruals – TP offset | (£35.15) |
| Barclays Bank Loan | £3,330.53 |
| CWRT Loan – Current | £12,185.05 |
| Director Loan – K. Whatton | £30,507.94 |
| Directors Loan – G. Blundell | £25,810.49 |
| S Holland/GAB Short Term | £10,000.00 |
| Barclaycard for Business | £6,841.40 |
| VAT | £1,005.28 |
| Total Current Liabilities | £134,539.80 |
| Long-term Liabilities (after 1 year) | |
| Barclays Loan LT | £4,774.13 |
| CBILS Loan via CWRT | £48,132.74 |
| Directors Loans LT→ converted to equity ✓ | £0.00 |
| Total LT Liabilities | £52,906.87 |
| Net Assets | £103,303.11 |
Step 2 — Business loan
Amalgamate & repay
Repay existing loans and complete the corporate amalgamation cleanly.
Legal & accounting
Ensure the restructuring is correct in accounting and legal terms — including patent and trademark migration to the new company name.
£10K working capital
Retained to provide the new company with an initial positive balance sheet and operational runway.
Step 3 — Investment of £150K
Repay the loan
The £150K investment will first repay the £75K business loan used for restructuring.
Carry the business forward
The remaining balance provides working capital to carry Alltorc Innovations through to sale.
Shareholders unchanged
All existing shareholders retain their positions. Ron Taylor relinquishes 20% of his shareholding to enable this opportunity.
Let's talk Alltorc.
Join us as we transform innovative materials technology into a globally scalable business. The conversation continues — further details available on request.
Kingsthorpe
Northampton
NN2 8AJ
United Kingdom