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Cambridge Precision Limited

02669259

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

ALINGTON ROAD, ST NEOTS, PE19 6YH
Incorporated 09/12/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Richard Hefford Hobbs

director · Since 09/12/1992

ENGINEER

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Mr Nigel Murray Kinnaird Rata

secretary · Since 30/11/1993

ENGINEER

BRITISH · UNITED KINGDOM · Age 62

Also on 4 other boards

Mr Nigel Murray Kinnaird Rata

director · Since 30/11/1993

ENGINEER

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Persons with Significant Control

Mr Nigel Murray Kinnaird Rata

25–50% shares
25–50% votes

British · United Kingdom · Age 62

31, Barkston Drive, Peterborough, PE1 4LA

Notified 06/04/2016

Mr Richard Hefford Hobbs

25–50% shares
25–50% votes

British · United Kingdom · Age 58

The White House, Silver Street, Haverhill, CB9 7QG

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/11/2024Registered 12/11/2024
charge
outstanding

BARCLAYS BANK PLC

Created 24/03/1993Registered 06/04/1993

CompanyRankvs 35+ SIC 25620 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.7× · 20/20
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 strength24/25 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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£9.3M

Annual revenue

Net Worth

£3.6M

Balance sheet strength

Cash

£156k

Cash in the bank

Profit Before Tax

-£19k

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£4.4M

Current Liabilities

£1.6M

Fixed Assets

£1.6M

Debtors

£2.4M

Cost of Sales

£6.7M

Gross Profit

£2.6M

Admin Expenses

£2.6M

Operating Profit

£23k

Profit After Tax

-£29k

92avg. employees

Tax at Year End

Corp tax£71k
Dividends paid-£400k

People Costs

Wages & salaries£3.2M
NI contributions£340k

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£4.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.70-£429k
20233.10+£81k
20223.23+£742k
20212.73

Derived from filed accounts. Not audited figures.