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S. & S. Precision Engineering (Washington) Limited

01894993

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

SWALLOW HOUSE, WASHINGTON, NE37 1EZ
Incorporated 13/03/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr David Staines

director · Since 01/08/1996

PRECISION ENGINEER

BRITISH · ENGLAND · Age 57

Mr Ian Staines

director · Since 01/08/1996

PRECISION ENGINEER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr David Staines

Appoint directors
Significant control

British · England · Age 57

Swallow House, Parsons Road, Washington, NE37 1EZ

Notified 06/04/2016

Mr Ian Staines

Appoint directors
Significant control

British · England · Age 56

Swallow House, Parsons Road, Washington, NE37 1EZ

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 30/03/1997Registered 05/04/1997Satisfied 15/03/2023
charge
satisfied

CO-OPERATIVE BANK PLC.

Created 28/03/1991Registered 18/04/1991Satisfied 15/03/2023
charge
satisfied

CO-OPERATIVE BANK PLC.

Created 19/12/1990Registered 28/12/1990Satisfied 15/03/2023
charge
satisfied

CO-OPERATIVE BANK PLC.

Created 23/03/1990Registered 31/03/1990Satisfied 15/03/2023
charge
satisfied

BARCLAYS BANK PLC

Created 18/03/1988Registered 24/03/1988Satisfied 11/12/1991

CompanyRankvs 755+ SIC 25990 peers
81

Financial strength89th percentile among SIC peers · 22/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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755S. & S. Precision Engineering (Washington) Limited
81
How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£256k

Cash in the bank

Net Current Assets

£158k

Working capital

Current Assets

£267k

Current Liabilities

£109k

Fixed Assets

£1.2M

Debtors

£11k

4avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20252.45-£160k
20246.47-£333k
20233.26+£132k
20222.50-£18k
20212.58+£228k
20203.08-£179k
20193.75+£89k
20184.33+£120k
20173.64—

Derived from filed accounts. Not audited figures.