Nortim Precision Engineering Limited
01020543
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/10/2025
micro entity
Next accounts due
31/07/2027
Confirmation statement
Last: 30/11/2025
Due 14/12/2026
Industry
Officers
director · Since 11/04/2011
MACHINIST
BRITISH · ENGLAND · Age 60
Also on 1 other board
secretary · Since 10/07/2014
Persons with Significant Control
Mr Anthony David Powell
British · England · Age 60
Unit K, Stonedale Lane, Stonehouse, GL10 3SA
Notified 06/04/2016
Charges3 outstanding
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CompanyRankvs 5729+ SIC 32990 peers55
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£72k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£100k
Working capital
Current Assets
£349k
Current Liabilities
£449k
Fixed Assets
£370k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.78 | +£0 |
| 2025 | 0.78 | +£56k |
| 2024 | 0.81 | +£7k |
| 2023 | 0.79 | — |
Derived from filed accounts. Not audited figures.