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Peak Precision Engineering Limited

01715691

active
Private Limited Company
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

185 STAMFORD HOUSE, STALYBRIDGE, SK15 1QZ
Incorporated 18/04/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Michael Ford Fca

director · Since 04/10/1991

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 80

Also on 75 other boards

Mr Malcolm O'Connor

director · Since 14/06/2005

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 61

Also on 23 other boards

Mr Mark Vernon Haslam

secretary · Since 15/12/2017

Also on 22 other boards

Mr Mark Vernon Haslam

director · Since 15/12/2017

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 22 other boards

Persons with Significant Control

Mr Michael Ford

Significant control

British · United Kingdom · Age 80

185, Stamford House, Stalybridge, SK15 1QZ

Notified 09/10/2016

Charges2 outstanding

charge
satisfied

3I GROUP PLC

Created 03/04/1992Registered 08/04/1992Satisfied 23/10/2001
charge
outstanding

HYDE INDUSTRIAL HOLDINGS LIMITED

Created 10/12/1991Registered 13/12/1991
charge
satisfied

INVESTORS IN INDUSTRY PLC.

Created 24/06/1986Registered 26/06/1986Satisfied 23/10/2001
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/04/1985Registered 18/04/1985

CompanyRankvs 2054+ SIC 71129 peers
67

Financial strength99th percentile among SIC peers · 25/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 986.89× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 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 30/09/2024

Net Worth

£2.7M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£2.7M

Current Liabilities

£3k

Debtors

£2.7M

0avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
2024986.89+£0
2023-£3k

Derived from filed accounts. Not audited figures.