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Askey Precision Engineering Limited

03295047

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

PRESCO HOUSE, WALSALL, WS1 2JN
Incorporated 20/12/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures
25620
Machining
25990
Manufacture of other fabricated metal products

Officers

Diane Leslie Parkes

secretary · Since 12/04/2016

Mr Robert William Parkes

director · Since 12/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 5 other boards

Persons with Significant Control

Machined Fabrications Limited

75–100% shares
75–100% votes

Lower Farm, Taynton, Burford, OX18 4UH

Reg: 02784038 · England & Wales · Limited Company

Notified 06/04/2016

Former PSCs

Mr Robert William Parkes

Ceased 12/04/2016

Charges1 outstanding

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outstanding

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CompanyRankvs 2535+ SIC 25110 peers
37

Financial strength21th percentile among SIC peers · 5/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees6/15 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 31/12/2023

Net Worth

£100

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£413

Working capital

Current Assets

£21k

Current Liabilities

£21k

Debtors

£20k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.98
20211.00
20201.03-£431
20191.03+£4k
20181.01

Derived from filed accounts. Not audited figures.