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Adroit Precision Engineering Limited

03506609

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 5 BILTON COURT, LUTON, LU1 1LX
Incorporated 09/02/1998

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/12/2025

Due 11/01/2027

On track

Industry

25620
Machining

Officers

Mr Michael Edward Horan

director · Since 15/12/2006

MANAGER

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Jsh Engineering Group Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

Dawson Road, Mount Farm Estate, Milton Keynes, MK1 1JP

Reg: 14342951 · England And Wales · Private Company Limited By Shares

Notified 22/09/2022

Former PSCs

Adroit Holdings Limited

Ceased 31/10/2019

Mr John Stanley Horsler

Ceased 22/09/2022

Charges2 outstanding

Charge
outstanding

JOHN HORSLER

Created 24/09/2022Registered 13/10/2022
charge
satisfied

BARCLAYS BANK PLC

Created 22/07/2009Registered 30/07/2009Satisfied 13/11/2009
charge
outstanding

REAL ESTATE AND COMMERCIAL TRUST LIMITED

Created 05/11/2007Registered 16/11/2007
charge
satisfied

BARCLAYS BANK PLC

Created 05/02/2007Registered 15/02/2007Satisfied 15/08/2007

CompanyRankvs 1042+ SIC 25620 peers
57

Financial strength71th percentile among SIC peers · 18/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.99× · 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 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.

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 31/12/2024

Net Worth

£351k

Balance sheet strength

Cash

£519k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£2.2M

Current Liabilities

£2.2M

Fixed Assets

£642k

Debtors

£1.6M

17avg. employees

Balance Sheet

Intangible assets£16k
Assets less current liabilities£627k
Signed by 03506609 2024-01-01 2024-12-31 03506609 2024-12-31 03506609 core:CurrentFinancialInstruments 2024-12-31 03506609 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99-£349k
20231.36-£674k
20222.42-£55k
20213.27+£8k
20202.60+£193k
20192.89+£219k
20182.76+£355k
20162.58

Derived from filed accounts. Not audited figures.