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Dt Precision Ltd

02567573

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1 LANGSTONE HOUSE, HAVANT, PO9 1JW
Incorporated 11/12/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Darpan Patel

director · Since 03/06/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Persons with Significant Control

Mr Darpan Patel

75–100% shares

British · England · Age 41

Unit 1, Langstone House, Havant, PO9 1JW

Notified 11/12/2016

Charges2 outstanding

Charge
outstanding

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Charge
satisfied

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LLOYDS BANK PLC

Created 28/03/1991Registered 03/04/1991Satisfied 20/04/2016

CompanyRankvs 1734+ SIC 25620 peers
23

Financial strength4th percentile among SIC peers · 1/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

-£43k

Balance sheet strength

Cash

£14

Cash in the bank

Net Current Assets

-£131k

Working capital

Current Assets

£105k

Current Liabilities

£236k

Fixed Assets

£331k

Debtors

£82k

7avg. employees-1

Tax at Year End(2020)

VAT£24k

Director Loans(2020)

Company owes directors£65

Balance Sheet

Assets less current liabilities£200k
Signed by Mr Darpan Patel 22 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.45-£72k
20230.77-£56k
20221.22-£16k
20211.54-£46k
20201.44+£81k£480k
20191.06+£42k
20181.20-£19k
20161.55

Derived from filed accounts. Not audited figures.