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S.L. Precision Engineers Limited

02642479

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

22-24 BRUNEL WAY, THETFORD, IP24 1HP
Incorporated 03/09/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28960
Manufacture of plastics and rubber machinery

Officers

Mr Spencer Lawrence Leaver

director · Since 25/05/1991

ENGINEER

BRITISH · FRANCE · Age 58

Mr Neil Peter Thompson

director · Since 04/02/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Spencer Lawrence Leaver

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

British · France · Age 58

22-24, Brunel Way, Thetford, IP24 1HP

Notified 20/08/2016

Mr Spencer Lawrie Leaver

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

British · France · Age 58

22-24, Brunel Way, Thetford, IP24 1HP

Notified 20/08/2016

Former PSCs

Mr Neil Peter Thompson

Ceased 04/06/2026

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 07/01/2021Registered 12/01/2021
Charge
outstanding

LLOYDS BANK PLC

Created 17/11/2020Registered 15/12/2020
charge
satisfied

SPENCER LEAVER

Created 07/06/1999Registered 04/09/1999Satisfied 02/03/2021

CompanyRankvs 20+ SIC 28960 peers
73

Financial strength90th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.78× · 16/20
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 strength23/25 pts

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

Employees14/15 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 31/08/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£272k

Cash in the bank

Net Current Assets

£700k

Working capital

Current Assets

£1.6M

Current Liabilities

£898k

Fixed Assets

£1.4M

Debtors

£745k

Profit After Tax

£83k

32avg. employees+1

Tax at Year End

Corp tax£40k
Dividends paid£187k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.78-£104k
20241.94-£36k
20231.99+£160k
20221.71+£382k
20211.82

Derived from filed accounts. Not audited figures.