Tad Precision Sheet Metal Engineers Limited
01859284
Notable Risks
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/04/2026
Due 15/04/2027
Industry
Officers
Mr Terry James Easey
director · Since 01/04/1991
ENGINEER
ENGLISH · ENGLAND · Age 68
Persons with Significant Control
Mr Terry James Easey
English · England · Age 68
Office 3, Romney Marsh Business Hub, Mountfield Road, New Romney, TN28 8LH
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
Insolvency History1 case
Ian Douglas Yerrill (practitioner)
Change History
Active
Private Limited Company
THE MOUNT
CAMBRIDGE,
CompanyRankvs 4473+ SIC 25990 peers30
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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
Insolvency history: -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
£2
Balance sheet strength
Cash
£0
Cash in the bank
Net Current Assets
-£11k
Working capital
Current Assets
£123k
Current Liabilities
£133k
Fixed Assets
£5k
Debtors
£62k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.92 |
| 2023 | 1.48 |
Derived from filed accounts. Not audited figures.