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Unicut Precision Limited

02762322

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

5-8 TEWIN COURT, WELWYN GARDEN CITY, AL7 1AU
Incorporated 05/11/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Jason Nicholson

director · Since 05/11/1992

ENGINEER

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Zoe Nicholson

secretary · Since 19/07/2011

BRITISH

Mr Manishkumar Mohanlal Patel

director · Since 01/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Persons with Significant Control

Mr Jason Nicholson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

Mead House, Fallow End, Codicote, Welwyn, AL6 9ST

Notified 06/04/2016

Zoe Nicholson

25–50% shares
25–50% votes

British · United Kingdom · Age 54

Mead House, Fallow End, Codicote, Welwyn, AL6 9ST

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 19/05/2017Registered 19/05/2017
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 19/05/2017Registered 19/05/2017
Charge
outstanding

HSBC BANK PLC

Created 13/04/2017Registered 19/04/2017
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 12/12/2008Registered 16/12/2008Satisfied 29/06/2017
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 05/11/2008Registered 11/11/2008Satisfied 29/06/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/02/2004Registered 06/03/2004Satisfied 29/06/2017
charge
satisfied

BARCLAYS BANK PLC

Created 09/07/1993Registered 20/07/1993Satisfied 03/06/2004

CompanyRankvs 3470+ SIC 71129 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3470Unicut Precision Limited
72
How is this score calculated?
Financial strength25/25 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.

Liquidity6/20 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 31/12/2024

Net Worth

£2.6M

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£2.3M

Current Liabilities

£2.3M

Fixed Assets

£3.5M

Debtors

£1.7M

49avg. employees

Tax at Year End

Corp tax£84k

Balance Sheet

Assets less current liabilities£3.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99-£128k
20231.07+£404k
20221.09+£385k
20210.98+£130k
20200.89+£155k
20190.91+£468k
20180.84+£241k
20170.68+£229k
20160.66—

Derived from filed accounts. Not audited figures.