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Precision Stitching Limited

03893755

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

TERENCE HOUSE, NOTTINGHAM, NG7 3GX
Incorporated 14/12/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13300
Finishing of textiles

Officers

Mr Raymond Neil Armstrong

director · Since 14/12/1999

GENERAL TEXTILES

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Mr Patrick Maxwell George Tonks Bsc Hon

director · Since 01/01/2006

DESIGNER

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mr Stephen Alan Barnes

director · Since 01/01/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Stephen Barnes

secretary · Since 31/01/2011

Persons with Significant Control

Mr Raymond Neil Armstrong

25–50% shares

British · England · Age 59

Terence House, Denman Street East, Nottingham, NG7 3GX

Notified 06/04/2016

Mr Patrick Maxwell George Tonks

25–50% shares
25–50% votes

British · England · Age 43

Terence House, Denman Street East, Nottingham, NG7 3GX

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/06/2000Registered 15/06/2000

CompanyRankvs 106+ SIC 13300 peers
71

Financial strength83th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.69× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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106Precision Stitching Limited
77
How is this score calculated?
Financial strength21/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£100k

Balance sheet strength

Cash

£69k

Cash in the bank

Net Current Assets

£88k

Working capital

Current Assets

£214k

Current Liabilities

£127k

Fixed Assets

£22k

Debtors

£67k

15avg. employees+1

Tax at Year End(2023)

Corp tax£11k

Balance Sheet

Assets less current liabilities£109k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.69-£35k
20241.88+£3k
20231.96-£5k
20222.01-£27k
20211.70-£6k
20201.49-£7k
20192.09-£4k
20182.24—

Derived from filed accounts. Not audited figures.