Back to search

Precision Cutting Ltd.

02887048

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 2 SUNSET FARM MAYFIELD ROAD, HEATHFIELD, TN21 0UJ
Incorporated 12/01/1994

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

42210
Construction of utility projects for fluids

Officers

Mr Joshua Finn Hornby-Gray

director · Since 28/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Liam James Hornby-Gray

director · Since 28/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Joshua Finn Hornby-Gray

25–50% shares
25–50% votes

British · England · Age 40

Unit 2 Sunset Farm, Mayfield Road, Heathfield, TN21 0UJ

Notified 01/11/2019

Mr Liam James Hornby-Gray

25–50% shares
25–50% votes

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 peers
77

Financial strength72th percentile among SIC peers · 18/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.63× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength18/25 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.

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

12avg. employees

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£243k
Signed by 02887048 2024-11-01 2025-10-31 02887048 2025-10-31 02887048 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2025-10-31 Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.63-£19k
20242.01-£19k
20231.78-£57k
20222.51+£19k
20212.50+£56k
20202.14+£20k
20191.79-£55k
20182.69

Derived from filed accounts. Not audited figures.