Back to search

Askey Precision Engineering Limited

03295047

active
ltd
england wales
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, Selborne Street, Walsall, WS1 2JN
Incorporated 20/12/1996

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

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 Christopher James Parkes

director · Since 01/07/2026

BRITISH · UNITED KINGDOM · Age 55

Diane Leslie Parkes

secretary · Since 12/04/2016

Christopher James Parkes

director · Since 01/07/2026

British · United Kingdom · Age 55

Former

Nicholas James Allsopp

nominee director · Resigned 31/12/1996

Midlands Secretarial Management Limited

corporate nominee secretary · Resigned 31/12/1996

Colin Graham Askey

director · Resigned 30/09/2015

Jacqueline Ann Askey

secretary · Resigned 12/04/2016

Jacqueline Ann Askey

director · Resigned 12/04/2016

Matthew Charles Wild

director · Resigned 08/04/2019

Mr Robert William Parkes

director · Resigned 01/07/2026

Robert William Parkes

director · Resigned 01/07/2026

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

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/03/2026Registered 18/03/2026
Charge
satisfied

LLOYDS BANK PLC

Created 06/02/2023Registered 15/02/2023Satisfied 22/04/2026
Charge
satisfied

LLOYDS BANK PLC

Created 15/08/2019Registered 15/08/2019Satisfied 22/04/2026
Charge
satisfied

LLOYDS BANK PLC

Created 11/07/2016Registered 13/07/2016Satisfied 22/04/2026
Charge
satisfied

LLOYDS BANK PLC

Created 12/04/2016Registered 26/04/2016Satisfied 22/04/2026

Change History

statusactive
2026-07-19

Active

typeltd
2026-07-19

Private Limited Company

address line1Presco House
2026-07-19

PRESCO HOUSE

post townWalsall
2026-07-19

WALSALL

CompanyRankvs 2499+ SIC 25110 peers
37

Financial strength21th percentile among SIC peers · 5/25
Employees41th 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
Show leaderboard
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 Ratio
20230.98

Derived from filed accounts. Not audited figures.