Toft started at Tony Pike music in 1964 as a trainee and two years later moved to CBS Studios. He joined Europe's first 8-track recording facility, Trident Studios in London, in 1967 as its first engineer after being offered the position while attending the studio's opening party. He worked with Tony Visconti during the recording of British band Tyrannosaurus Rex's first three albums and David Bowie'sSpace Oddity album. He later engineered James Taylor'sdebut album and was the mix engineer on The Beatles' song "Hey Jude." In 1971, Toft became Trident Studios' manager. The next year, the studio decided to upgrade from 16-track to 24-tracks but wasn't able to source a console with the size, features, and configuration that they wanted, so they decided they would design and build their own. Working together with Barry Porter, Toft took on management and systems design of the project which became the Trident A Range console and led to Toft becoming Managing Director of Trident Audio Developments, Ltd., an offshoot of Trident Studios that built and sold professional recording consoles. He was responsible for the concept and many design aspects which led to the unique sound of the Trimix, Series 80, TSM, Series 65 and Series 70 consoles. In 1981 Toft, together with Jack Hartfield, bought TRIAD, but in 1988, unhappy with the direction of the company's new product designs, Toft sold his interest and left the company, although under the stipulation of a three-year non-compete agreement.
Malcolm Toft Associates
In 1992, with encouragement from one of Trident's United States distributors, Toft designed a new console. Building on which he intended as something of an update to his Trident Series 80 designs, he released a range of consoles and related products under the Malcolm Toft Associates brand. Toft later partnered with Ted Fletcher and Fletcher ElectroAcoustics to form Trident-MTA.
Malcolm Toft and Toft Audio Designs
From 2001, Malcolm Toft was hired as a consultant to design products for the PMI Audio Group. These products were released under the brand name Toft Audio Designs which is owned by PMI Audio Group. PMI Audio Group acquired Trident Audio Developments' assets in October 2008, Toft was once again developing products under the direction of PMI Audio for the Trident name.
Ocean Audio
At the end of 2012, after 12 years working as a freelance consultant for the PMI Audio Group, Malcolm Toft formed a new company: Under the brand name Ocean Audio, Malcolm Toft designed the first analogue console with full support for 500 series modules.
The Music Mill
Toft and Rick Edwards co-founded the Music Mill Studio in Newton Abbot, UK, a recording and broadcast studio and education facility for music technology and music composition where, in partnership with South Devon College, courses in recording, radio, music, and the performing arts are taught. In January 2009, Toft was awarded a visiting professorship in music technology by Leeds College of Music. At the 2011 Music Producers Guild awards Toft had the honor of presenting longtime colleague Tony Visconti with the PMI Audio sponsored award for Innovation in Production.
Bassics
In 2015 Toft decided to move into the musical instrument field and designed the Bassics pre-amplifier system designed specifically for bass players. A unique approach to bass guitar pre-amplification which moves the controls normally found on the amplifier to a unit that can be placed directly on the floor in front of the player.