Nicel Precision Engineering Limited
03744976
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Former PSCs
Mr Kevin Trevor Banks
Ceased 06/04/2016
Charges2 outstanding
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CompanyRankvs 4589+ SIC 71129 peers63
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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 31/10/2024
Net Worth
£243k
Balance sheet strength
Cash
£117k
Cash in the bank
Net Current Assets
-£126k
Working capital
Current Assets
£341k
Current Liabilities
£467k
Fixed Assets
£643k
Debtors
£200k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.73 | -£33k |
| 2023 | 0.88 | -£28k |
| 2022 | 1.13 | +£17k |
| 2021 | 1.31 | +£181k |
| 2020 | 0.79 | +£80k |
| 2019 | 0.58 | +£31k |
| 2018 | 0.61 | — |
Derived from filed accounts. Not audited figures.