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Precision Technology Supplies Limited

02192324

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

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: 24/05/2025

Due 07/06/2026

On track

Industry

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

CompanyRankvs 105+ SIC 46150 peers
90

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
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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.

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.