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Parker Precision Limited

00638576

active
ltd
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

Vulcan Works, Vulcan Road, Bilston, WV14 7HW
Incorporated 01/10/1959

Previously known as

Parker Bros (Precision Engineers) Limited · until 02/02/2000

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/03/2026

Due 01/04/2027

On track

Industry

30300
Manufacture of air and spacecraft and related machinery

Officers

Mr Matthew Paul Rossiter

director · Since 09/12/2025

BRITISH · UNITED KINGDOM · Age 37

Also on 9 other boards

Nord Aerospace Bidco Limited

director · Since 09/12/2025

Also on 10 other boards

Matthew Paul Rossiter

director · Since 09/12/2025

British · United Kingdom · Age 37

Nord Aerospace Bidco Limited

corporate director · Since 09/12/2025

Reg: 13075532

Also on 10 other boards

Former

Pamela King

secretary · Resigned 31/05/1994

June Gladys Parker

director · Resigned 13/06/2010

June Gladys Parker

secretary · Resigned 13/06/2010

Susan Smith

secretary · Resigned 31/03/2018

Maurice Parker

director · Resigned 18/11/2020

Philip John Parker

director · Resigned 18/11/2020

Marc Corns

director · Resigned 09/12/2025

Marc Corns

secretary · Resigned 09/12/2025

Samantha Ann Corns

director · Resigned 09/12/2025

Persons with Significant Control

Parker Precision Group Limited

75–100% shares
75–100% votes
Appoint directors

Vulcan Works, Vulcan Road, Bilston, WV14 7HW

Reg: 12669305 · Companies House · Private Limited Company

Notified 18/11/2020

Former PSCs

Mr Marc Anthony David Corns

Ceased 18/11/2020

Mr Philip John Parker

Ceased 18/11/2020

Mr Maurice Parker

Ceased 05/04/2019

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED

Created 26/03/2026Registered 26/03/2026
Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 09/12/2025Registered 15/12/2025
Charge
satisfied

BELLERIVE FINANCE PCC LIMITED (ACTING THROUGH ITS PROTECTED CELL F101)

Created 09/12/2025Registered 11/12/2025Satisfied 27/03/2026
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 01/07/2021Registered 05/07/2021Satisfied 07/01/2026
Charge
satisfied

LLOYDS BANK PLC

Created 23/06/2021Registered 24/06/2021Satisfied 07/01/2026
Charge
satisfied

LLOYDS BANK PLC

Created 04/03/2020Registered 10/03/2020Satisfied 07/01/2026
Charge
satisfied

LLOYDS BANK PLC

Created 04/03/2020Registered 06/03/2020Satisfied 11/12/2025

Change History

statusactive
2026-07-10

Active

typeltd
2026-07-10

Private Limited Company

address line1Vulcan Works
2026-07-10

VULCAN WORKS

post townBilston
2026-07-10

BILSTON

CompanyRankvs 15+ SIC 30300 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.5× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£3.6M

Balance sheet strength

Cash

£145k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.8M

Current Liabilities

£739k

Fixed Assets

£3.6M

Debtors

£792k

39avg. employees

Tax at Year End

Corp tax£116

Balance Sheet

Assets less current liabilities£4.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.50+£371k
20233.66

Derived from filed accounts. Not audited figures.