Shearline Precision Engineering Limited
00976052
Some Concerns
- Accounts filing overdue (-15)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Previously known as
Compliance
Last accounts
31/12/2023
full
Next accounts due
30/04/2026
Confirmation statement
Last: 31/12/2025
Due 14/01/2027
Industry
Officers
director · Since 31/12/1991
CHAIRMAN
BRITISH · UNITED KINGDOM · Age 77
Also on 2 other boards
director · Since 26/06/2024
DIRECTOR
ENGLISH · UNITED KINGDOM · Age 41
Also on 1 other board
Former
director · Resigned 19/05/2016
secretary · Resigned 19/05/2016
director · Resigned 30/06/2016
director · Resigned 31/12/2024
director · Resigned 11/02/2025
director · Resigned 04/03/2026
director · Resigned 14/04/2026
Persons with Significant Control
Shearline Holdings Limited
Cambridgeshire Business Park, Angel Drove, Ely, CB7 4EX
Reg: 02275157 · Companies House · Uk Limited Company
Notified 06/04/2016
Charges2 outstanding
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BANK OF IRELAND BUSINESS FINANCE LIMITED
BANK OF IRELAND BUSINESS FINANCE LIMITED
BANK OF IRELAND BUSINESS FINANCE LIMITED
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Change History
Active
Private Limited Company
CAMBRIDGESHIRE BUSINESS PARK
ELY CAMBRIDGESHIRE
CompanyRankvs 716+ SIC 25620 peers50
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 1.3 in the financial statements, which explains that the company is loss-making and is also subject to a cross guarantee in respect of the indebtedness of other group comp
Key FinancialsYear ending 30/04/2025
Net Worth
£1.8M
Balance sheet strength
Cash
£12k
Cash in the bank
Profit Before Tax
-£15k
Bottom line earnings
Net Current Assets
£231k
Working capital
Current Assets
£3.1M
Current Liabilities
£2.9M
Fixed Assets
£2.1M
Debtors
£1.9M
Cost of Sales
£7.6M
Admin Expenses
£3.1M
Profit After Tax
£122k
Tax at Year End
People Costs(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.08 | -£703k |
| 2023 | 1.19 | — |
Derived from filed accounts. Not audited figures.