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Hi-Tech Precision Engineering (Uk) Limited

03771544

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

C/O JAMES TODD & CO FURZEHALL FARM, FAREHAM, PO16 7JH
Incorporated 17/05/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Darron August

secretary · Since 17/05/1999

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 5 other boards

Mr Darron August

director · Since 17/05/1999

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 5 other boards

Mr Simon Paul Brown

director · Since 17/05/1999

ENGINEER

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Mrs Susan Ann August

director · Since 01/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Mrs Sarah Jane Brown

director · Since 01/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Hi-Tech (Uk) Holdings Limited

75–100% shares

24, Landport Terrace, Portsmouth, PO1 2RG

Reg: 13286618 · England & Wales · Limited Company

Notified 30/04/2021

Former PSCs

Mr Simon Paul Brown

Ceased 30/04/2021

Mr Darron August

Ceased 30/04/2021

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/08/2023Registered 05/09/2023
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 17/07/2014Registered 17/07/2014
charge
satisfied

SIMON PAUL BROWN

Created 23/04/2012Registered 27/04/2012Satisfied 20/08/2015
charge
satisfied

DARRON DAVID AUGUST

Created 23/04/2012Registered 27/04/2012Satisfied 20/08/2015
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 25/08/2010Registered 27/08/2010Satisfied 20/08/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 05/09/2006Registered 08/09/2006Satisfied 30/06/2014
charge
outstanding

ACCURA HOLDINGS LIMITED

Created 23/01/2003Registered 30/01/2003
charge
satisfied

BARCLAYS BANK PLC

Created 24/06/1999Registered 01/07/1999Satisfied 30/07/2010

CompanyRankvs 1468+ SIC 25990 peers
65

Financial strength92th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.94× · 20/20
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 strength23/25 pts

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

Employees2/15 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 31/05/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£493k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.9M

Current Liabilities

£662k

Fixed Assets

£872k

Debtors

£1.1M

0avg. employees

Tax at Year End(2021)

Dividends paid£91k

Director Loans(2020)

Company owes directors£5k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.94+£0
20252.94+£447k
20242.09+£98k
20231.83+£233k
20221.63+£61k
20212.59+£163k
20202.03+£185k£1.7M
20192.31-£17k£304k
20181.61+£140k
20171.43

Derived from filed accounts. Not audited figures.