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Nextgen Precision Engineering Ltd

03148056

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

CHERRY TREE MILL, BLACKBURN, BB2 5LX
Incorporated 18/01/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Lesley Mary Elizabeth Fairbrother

secretary · Since 18/01/1996

BRITISH · UNITED KINGDOM · Age 68

Also on 1 other board

Lesley Mary Elizabeth Fairbrother

director · Since 02/05/1997

ENGINEER

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mr Mark Andrew Fairbrother

director · Since 09/08/2024

ENGINEER

BRITISH · ENGLAND · Age 41

Also on 1 other board

Mr Stephen David Fairbrother

director · Since 09/08/2024

ENGINEER

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mrs Lesley Mary Fairbrother

50–75% shares

British · England · Age 68

Cherry Tree Mill, Blackburn, BB2 5LX

Notified 06/04/2016

Mr Mark Andrew Fairbrother

Significant control

British · England · Age 41

Cherry Tree Mill, Blackburn, BB2 5LX

Notified 23/09/2025

Mr Stephen David Fairbrother

Significant control

British · England · Age 44

Cherry Tree Mill, Blackburn, BB2 5LX

Notified 23/09/2025

Former PSCs

Mr David Fairbrother

Ceased 24/09/2019

Mr Neil John Grimshaw

Ceased 01/08/2024

Charges0 outstanding

charge
satisfied

FAIRBROTHER & GRIMSHAW ENGINEERING LTD PENSION SCHEME

Created 31/08/2011Registered 02/09/2011Satisfied 11/05/2016
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 10/09/2001Registered 13/09/2001Satisfied 09/10/2017
charge
satisfied

LLOYDS BANK PLC

Created 12/01/1998Registered 14/01/1998Satisfied 23/08/2011

CompanyRankvs 358+ SIC 25620 peers
79

Financial strength68th percentile among SIC peers · 17/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.91× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2025

Net Worth

£280k

Balance sheet strength

Cash

£166k

Cash in the bank

Net Current Assets

£157k

Working capital

Current Assets

£240k

Current Liabilities

£82k

Fixed Assets

£354k

Debtors

£73k

14avg. employees+4

Tax at Year End(2024)

Corp tax£5k

Balance Sheet

Assets less current liabilities£511k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.91+£63k
20242.25-£139k
20232.41-£55k
20222.68+£11k
20212.61

Derived from filed accounts. Not audited figures.