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Ves Precision Limited

02603208

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

UNIT 10, CREWKERNE, TA18 7HQ
Incorporated 19/04/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mrs Janet Robson Scarr

secretary · Since 19/04/1992

BRITISH

Also on 1 other board

Mr Rodney William Scarr

director · Since 19/04/1992

CHAIRMAN

BRITISH · ENGLAND · Age 80

Also on 1 other board

Mr Ian William Scarr

director · Since 01/03/2012

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Persons with Significant Control

Mr Ian William Scarr

50–75% shares
50–75% votes

British · United Kingdom · Age 53

Unit 10, Cropmead Industrial Estate, Crewkerne, TA18 7HQ

Notified 01/05/2024

Former PSCs

Mr Rodney William Scarr

Ceased 01/05/2024

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 08/09/2017Registered 20/09/2017
charge
satisfied

BANK OF IRELAND BUSINESS FINANCE LIMITED

Created 02/08/2005Registered 05/08/2005Satisfied 21/08/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 23/03/2005Registered 08/04/2005Satisfied 29/07/2014
charge
outstanding

BARCLAYS BANK PLC

Created 27/10/2003Registered 30/10/2003
charge
outstanding

LLOYDS BANK PLC

Created 04/09/1991Registered 21/09/1991
charge
outstanding

LLOYDS BANK PLC

Created 04/09/1991Registered 21/09/1991

CompanyRankvs 430+ SIC 25620 peers
71

Financial strength88th percentile among SIC peers · 22/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.62× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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430Ves Precision Limited
77
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.

Employees13/15 pts

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

Liquidity16/20 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 30/11/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£351k

Working capital

Current Assets

£915k

Current Liabilities

£563k

Fixed Assets

£1.2M

Debtors

£236k

19avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities£1.5M
Signed by 02603208 2023-12-01 2024-11-30 02603208 2024-11-30 02603208 core:HirePurchaseContracts core:CurrentFinancialInstruments Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.62-£9k
20231.70-£215k
20222.17-£54k
20212.41—

Derived from filed accounts. Not audited figures.