Techni-Grind (Preston) Machining Limited
03639878
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 29/09/2025
Due 13/10/2026
Industry
Officers
Former
corporate nominee director · Resigned 29/09/1998
corporate nominee secretary · Resigned 29/09/1998
director · Resigned 11/12/2003
director · Resigned 21/11/2006
director · Resigned 13/05/2011
director · Resigned 03/10/2014
secretary · Resigned 11/07/2016
director · Resigned 11/07/2016
director · Resigned 10/03/2022
Persons with Significant Control
Asg Investments 3 Limited
No.1, Marsden Street, Manchester, M2 1HW
Reg: 10085969 · Companies House · Limited Company
Notified 11/07/2016
Charges2 outstanding
CLOSE BROTHERS LIMITED AS SECURITY AGENT (AS DEFINED IN CHARGING DOCUMENT).
REALTA INVESTMENTS IRELAND DAC ACTING AS SECURITY AGENT AND TRUSTEE FOR THE BENEFICIARIES (AS D
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
REALTA INVESTMENTS IRELAND DAC
UNITED TRUST BANK LIMITED
GENESIS ASSET FINANCE LIMITED
GENESIS ASSET FINANCE LIMITED
CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")
GENESIS ASSET FINANCE LIMITED
GENESIS ASSET FINANCE LIMITED
BARCLAYS BANK PLC
CLYDESDALE BANK PLC
MIDLAND BANK PLC
Change History
Active
Private Limited Company
1 MARSDEN STREET
MANCHESTER
CompanyRankvs 2380+ SIC 25110 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£231k
Balance sheet strength
Cash
£199k
Cash in the bank
Net Current Assets
-£1.8M
Working capital
Current Assets
£4.3M
Current Liabilities
£6.1M
Fixed Assets
£2.6M
Debtors
£3.5M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.71 | -£228k |
| 2024 | 0.79 | -£518k |
| 2023 | 0.84 | -£343k |
| 2022 | 0.84 | +£120k |
| 2021 | 0.81 | -£660k |
| 2020 | 0.77 | -£336k |
| 2019 | 1.37 | -£296k |
| 2017 | 1.54 | — |
Derived from filed accounts. Not audited figures.