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Precision Products (Portsmouth) Limited

03916238

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 2A ALEXANDRIA PARK, HAVANT, PO9 1QY
Incorporated 31/01/2000

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

28220
Manufacture of lifting and handling equipment
28950
Manufacture of machinery for paper and paperboard production

Officers

Mr Jonathan Lockhart Armitage

director · Since 04/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 7 other boards

Mr Riccardo Weber

director · Since 02/06/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Oro Capital Limited

75–100% shares
75–100% votes
Appoint directors

Apartment 47 Huntington House, 11 Palmer Road, London, SW11 4EJ

Reg: 16325512 · Companies House United Kingdom · Private Limited Company

Notified 04/04/2025

Former PSCs

Mr Harry Denis Booth

Ceased 04/04/2025

Mr Brian Charles Dent

Ceased 04/04/2025

Mrs Kim Booth

Ceased 04/04/2025

Mrs Sonia Dent

Ceased 04/04/2025

Charges0 outstanding

Charge
satisfied

BANK OF SCOTLAND PLC

Created 25/04/2016Registered 13/05/2016Satisfied 11/07/2019
Charge
satisfied

BANK OF SCOTLAND PLC

Created 25/04/2016Registered 13/05/2016Satisfied 11/07/2019
Charge
satisfied

BANK OF SCOTLAND PLC

Created 15/03/2016Registered 18/03/2016Satisfied 02/08/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/11/2009Registered 17/11/2009Satisfied 02/06/2016
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 12/10/2009Registered 14/10/2009Satisfied 20/09/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/06/2009Registered 20/06/2009Satisfied 20/09/2018
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 31/03/2004Registered 03/04/2004Satisfied 29/10/2009
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 15/03/2004Registered 25/03/2004Satisfied 29/10/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/11/2000Registered 09/11/2000Satisfied 25/03/2004
charge
satisfied

THOMAS THEODORE TAIT

Created 03/04/2000Registered 05/04/2000Satisfied 29/10/2009

CompanyRankvs 67+ SIC 28220 peers
82

Financial strength80th percentile among SIC peers · 20/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£92k

Cash in the bank

Net Current Assets

£469k

Working capital

Current Assets

£663k

Current Liabilities

£194k

Fixed Assets

£698k

Debtors

£357k

18avg. employees-1

Tax at Year End(2023)

Corp tax£58k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20243.41-£73k
20233.55-£140k
20224.13+£133k
20213.97+£35k
20203.03+£169k
20191.86-£19k
20181.75

Derived from filed accounts. Not audited figures.