Precision Cutting Ltd.
02887048
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/10/2025
total exemption full
Next accounts due
31/07/2027
Confirmation statement
Last: 31/01/2026
Due 14/02/2027
Industry
Officers
Persons with Significant Control
Mr Joshua Finn Hornby-Gray
British · England · Age 40
Unit 2 Sunset Farm, Mayfield Road, Heathfield, TN21 0UJ
Notified 01/11/2019
Mr Liam James Hornby-Gray
British · England · Age 34
Unit 2 Sunset Farm, Mayfield Road, Heathfield, TN21 0UJ
Notified 01/11/2019
Former PSCs
Mr John Eric Hornby
Ceased 01/11/2019
CompanyRankvs 138+ SIC 42210 peers77
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£137k
Balance sheet strength
Cash
£55k
Cash in the bank
Net Current Assets
£85k
Working capital
Current Assets
£220k
Current Liabilities
£135k
Fixed Assets
£158k
Debtors
£141k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.63 | -£19k |
| 2024 | 2.01 | -£19k |
| 2023 | 1.78 | -£57k |
| 2022 | 2.51 | +£19k |
| 2021 | 2.50 | +£56k |
| 2020 | 2.14 | +£20k |
| 2019 | 1.79 | -£55k |
| 2018 | 2.69 | — |
Derived from filed accounts. Not audited figures.