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Precision Technology Supplies Limited

02192324

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

PRECISION TECHNOLOGY SUPPLIES, EAST GRINSTEAD, RH19 1XZ
Incorporated 11/11/1987

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 24/05/2026

Due 07/06/2027

On track

Industry

46150
Agents involved in the sale of furniture, household goods, hardware and ironmongery

Officers

Mr Christopher Findlay Morgan

director · Since 18/02/2023

DIRECTOR

BRITISH · SCOTLAND · Age 55

Also on 18 other boards

Mr Iain Philip Percival

director · Since 22/02/2024

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 58

Also on 12 other boards

Miss Katherine Jane Ferguson

director · Since 16/09/2024

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 53

Also on 6 other boards

Mr Christopher Morgan

secretary · Since 29/08/2025

Persons with Significant Control

Trifast Overseas Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Trifast House, Bolton Close, Uckfield, TN22 1QW

Reg: 02997039 · Companies House · Limited Company

Notified 04/04/2018

Charges1 outstanding

Charge
outstanding

NATWEST MARKETS PLC

Created 01/06/2023Registered 06/06/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC AS SECURITY AGENT

Created 16/04/2019Registered 24/04/2019Satisfied 07/06/2023
charge
satisfied

NORWICH AND PETERBOROUGH BUILDING SOCIETY

Created 28/08/2008Registered 05/09/2008Satisfied 27/04/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/04/1992Registered 01/05/1992Satisfied 27/04/2017

CompanyRankvs 15+ SIC 46150 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.62× · 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.

Employees15/15 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 31/03/2017

Net Worth

£3.0M

Balance sheet strength

Cash

£467k

Cash in the bank

Net Current Assets

£2.8M

Working capital

Current Assets

£3.6M

Current Liabilities

£784k

Fixed Assets

£199k

Debtors

£1.2M

24avg. employees

Tax at Year End

Corp tax£144k

People Costs

Wages & salaries£896k
NI contributions£93k

Balance Sheet

Interest payable£696
Assets less current liabilities£3.0M
Signed by Mr Stephen Edwards Mr Jason Collyer 24/07/2017Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20174.62

Derived from filed accounts. Not audited figures.