IP Audits
With innovation fuelling competitiveness, it’s increasingly more important to protect your unique creations, ideas and brand identity to maintain your market position.
IP audits provide a systematic review of the hidden value and risks within your intellectual property portfolio to ensure you’re equipped to protect what sets you apart in the market. No matter what size organisation you are or what growth stage you’re at, any business can benefit from an IP audit. By assessing potential risks and opportunities for further growth we can make IP part of your core business strategy.
Especially important for new or emerging organisations, we ensure your IP can proactively be used to bolster expansion and development into new areas through licensing agreements or identifying intellectual property not currently being used as a source of income.
At Panoramix IP, we conduct thorough reviews of your existing patents, trade marks, copyrights, designs and trade secrets, revealing opportunities for improvement and potential gaps to address.
Our team investigates everything from patents and trade marks to confidential data and domain names. By evaluating your portfolio, we highlight ways to enhance revenue, cut unnecessary costs and ensure your filings are never missed. We also keep an eye on emerging IP trends, ensuring your strategies remain relevant.
With the results of an IP audit, you gain clarity, enabling better decision-making and stronger protection for the future. Let us help you optimise your assets and stay ahead by contacting us today.
Client Testimonials
FAQs
What is an IP audit?
An IP audit is a structured review of everything your business owns, uses or creates that could be intellectual property — brands, inventions, designs, content, software, know-how and the contracts around them. It shows what you already have, what’s unprotected or at risk, who actually owns each asset, and where there’s untapped commercial value. It’s the sensible starting point for an IP strategy, and it’s exactly what we deliver.
What does an IP audit cover?
A thorough audit looks at your registered rights (trade marks, patents, designs) and unregistered ones (copyright, unregistered designs, trade secrets); checks that ownership is properly documented, including work by employees, freelancers and co-founders; reviews key contracts, licences and assignments; flags gaps, risks and renewal deadlines; and highlights opportunities to protect or monetise assets. You come away with a clear picture and a prioritised action list.
How long does an IP audit take, and what do I get?
It depends on the size of the business and how much IP is involved, but many audits are completed in a matter of weeks. The deliverable is a written report: an inventory of your IP, an assessment of risks and gaps, ownership and contract issues to fix, and clear, prioritised recommendations. It’s designed to be acted on, not filed away.
When should my business get an IP audit?
Good trigger points include: before raising investment or selling (buyers run IP due diligence and gaps cost you); when launching new products or entering new markets; after a merger or acquisition; when taking on freelancers or R&D partners; or simply if you’ve never formally reviewed what you own. If any of those apply, an audit is timely.
How much does an IP audit cost?
The cost depends on the size of your portfolio and the depth of review, so we scope it to your business and give a clear figure up front — no open-ended bills. For many clients an audit pays for itself by catching a costly ownership gap or an unprotected asset before it becomes a problem. We also offer a free 45-minute IP clinic as a starting point. Get in touch to discuss scope.
Why does an IP audit matter before raising investment or selling?
Because investors and buyers scrutinise IP. They want to see the ideas, brand and technology are genuinely owned by the company, properly registered and dispute-free. The classic problems — IP created by a founder or freelancer that was never assigned to the company, unregistered brands, missing contracts — can reduce your valuation or stall a deal. An audit lets you fix these before you’re under the microscope.
Our Case Studies
Case Study: Wow Hydrate
Case Study: British American Tobacco
Case Study: Cambridge Mechatronics
Case Study: Escape Fitness
Case Study: Lincoln City Football Club
Case Study: The Chartered Institute of Patent Attorneys
