Precision Carbide Tools Limited
00761254
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/01/2026
micro entity
Next accounts due
31/10/2027
Confirmation statement
Last: 16/09/2025
Due 30/09/2026
Industry
Officers
director · Since 19/12/2001
SALES DIRECTOR
BRITISH · UNITED KINGDOM · Age 64
Also on 3 other boards
Persons with Significant Control
Mr Michael David Jones
British · England · Age 64
20 Wellington Road, Newport, TF10 7HD
Notified 01/03/2019
Former PSCs
Mr Mike Jones
Ceased 01/03/2019
Charges0 outstanding
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CompanyRankvs 192+ SIC 28490 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2026
Net Worth
£100k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£33k
Working capital
Current Assets
£95k
Current Liabilities
£62k
Fixed Assets
£66k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 1.54 | -£29k |
| 2025 | 1.30 | -£32k |
| 2024 | 1.88 | -£24k |
| 2023 | 2.37 | +£3k |
| 2022 | 1.89 | +£17k |
| 2021 | 1.73 | +£2k |
| 2020 | 1.31 | +£1k |
| 2019 | 1.45 | — |
Derived from filed accounts. Not audited figures.