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Microtech Precision Limited

02365897

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BERSHAM ENTERPRISE CENTRE, WREXHAM, LL14 4EG
Incorporated 28/03/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Duncan Irving Evans

director · Since 20/10/2007

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Mr Brent Lester Evans

director · Since 01/07/2011

ENGINEER

BRITISH · WALES · Age 64

Also on 4 other boards

Persons with Significant Control

Mr Duncan Irving Evans

Significant control

British · United Kingdom · Age 61

1 Oak Drive, Marford, Wrexham, LL12 8XT

Notified 06/04/2016

Former PSCs

Mr Richard Vaughan Hughes

Ceased 08/02/2017

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 03/11/1999Registered 06/11/1999
charge
satisfied

MIDLAND BANK PLC

Created 27/04/1989Registered 09/05/1989Satisfied 24/10/2017

CompanyRankvs 488+ SIC 25990 peers
74

Financial strength85th percentile among SIC peers · 21/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 8.47× · 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 strength21/25 pts

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

Employees13/15 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 30/04/2025

Net Worth

£823k

Balance sheet strength

Cash

£464k

Cash in the bank

Net Current Assets

£745k

Working capital

Current Assets

£845k

Current Liabilities

£100k

Fixed Assets

£83k

Debtors

£341k

16avg. employees

Tax at Year End(2023)

Corp tax£79k

Balance Sheet

Assets less current liabilities£828k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.47+£21k
20247.59-£160k
20235.30+£241k
20225.14+£74k
20214.31

Derived from filed accounts. Not audited figures.