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Metaltech Precision Ltd

03840106

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

MULLACOTT CROSS TRADING ESTATE, ILFRACOMBE, EX34 8PL
Incorporated 13/09/1999

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

25620
Machining

Officers

Mr Steven Bone

director · Since 15/01/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 11 other boards

Mr Henry William Gregson

director · Since 15/01/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 19 other boards

Dr Robert Paul Guest

director · Since 02/10/2023

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 47

Also on 11 other boards

Persons with Significant Control

Mpl Holdings (Sw) Limited

75–100% shares
75–100% votes

Rumwell Hall, Rumwell, Taunton, TA4 1EL

Reg: 09167734 · Uk · Limited Company

Notified 06/04/2016

Former PSCs

Mr Stephen John Hill

Ceased 13/09/2016

Charges6 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 24/04/2024Registered 01/05/2024
Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 21/02/2023Registered 01/03/2023
Charge
satisfied

HSBC UK BANK PLC

Created 04/05/2021Registered 06/05/2021Satisfied 24/04/2026
Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 24/03/2021Registered 08/04/2021
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 15/01/2021Registered 01/02/2021
Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 29/01/2021Registered 29/01/2021
Charge
outstanding

HSBC UK BANK PLC

Created 15/01/2021Registered 20/01/2021
Charge
satisfied

LLOYDS BANK PLC

Created 24/12/2019Registered 24/12/2019Satisfied 19/01/2021
Charge
satisfied

LLOYDS BANK PLC

Created 14/04/2015Registered 24/04/2015Satisfied 19/01/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/05/2005Registered 24/05/2005Satisfied 19/01/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 13/05/2005Registered 14/05/2005Satisfied 19/01/2021
charge
satisfied

BARCLAYS BANK PLC

Created 08/10/1999Registered 14/10/1999Satisfied 22/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 08/10/1999Registered 14/10/1999Satisfied 22/06/2005

CompanyRankvs 278+ SIC 25620 peers
65

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going co

Key FinancialsYear ending 31/12/2023

Turnover

£7.3M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£31k

Cash in the bank

Profit Before Tax

£38k

Bottom line earnings

Net Current Assets

£2.1M

Working capital

Current Assets

£5.2M

Current Liabilities

£3.2M

Fixed Assets

£3.0M

Debtors

£4.1M

Cost of Sales

£4.9M

Gross Profit

£2.4M

Admin Expenses

£2.4M

Operating Profit

£108k

Profit After Tax

£39k

67avg. employees

Tax at Year End

Corp tax£100k

People Costs

Wages & salaries£2.2M
NI contributions£225k

Balance Sheet

Intangible assets£588k
Bank loans & overdrafts£255k
Assets less current liabilities£5.1M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20231.66+£39k
20221.62

Derived from filed accounts. Not audited figures.