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Astec Precision Limited

03621871

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 3, GRIZEDALE, ULVERSTON, LA12 9EF
Incorporated 26/08/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25940
Manufacture of fasteners and screw machine products

Officers

Mr Brian Anthony Aitken

director · Since 23/07/2015

DIRECTOR

BRITISH · SCOTLAND · Age 52

Also on 20 other boards

Mr Ian Andrew John Buchan

director · Since 23/07/2015

DIRECTOR

BRITISH · SCOTLAND · Age 45

Also on 12 other boards

Mr James Mcnab Pirrie

director · Since 23/07/2015

DIRECTOR

BRITISH · SCOTLAND · Age 65

Also on 12 other boards

Mr John Syme Pirrie

director · Since 23/07/2015

DIRECTOR

BRITISH · UNITED STATES · Age 67

Mr Craig Hyslop

director · Since 29/11/2018

DIRECTOR

BRITISH · SCOTLAND · Age 56

Mr Edward James Young

director · Since 20/05/2021

MANAGING DIRECTOR

BRITISH · SCOTLAND · Age 64

Also on 5 other boards

Persons with Significant Control

Astec Precision Holdings Ltd

75–100% shares

Cadder House, 160 Clober Road, Glasgow, G62 7LW

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

CLYDESDALE BANK PLC

Created 23/07/2015Registered 30/07/2015
Charge
outstanding

NEVIS CAPITAL LLP

Created 23/07/2015Registered 27/07/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/12/2007Registered 22/12/2007Satisfied 25/11/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/10/1998Registered 05/11/1998Satisfied 20/06/2001

CompanyRankvs 180+ SIC 25940 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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18Astec Precision Limited
87
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

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 30/06/2021

Net Worth

£3.2M

Balance sheet strength

Cash

£895k

Cash in the bank

Net Current Assets

£2.4M

Working capital

Current Assets

£3.2M

Current Liabilities

£800k

Fixed Assets

£969k

Debtors

£1.8M

43avg. employees

Tax at Year End

Corp tax£116k

Balance Sheet

Assets less current liabilities£3.4M
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent Ratio
20214.03

Derived from filed accounts. Not audited figures.