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Philip James Precision Engineers Ltd

04128694

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

HERALD WAY, COVENTRY, CV3 2NY
Incorporated 20/12/2000

Compliance

Last accounts

30/06/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 20/12/2025

Due 03/01/2027

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Amardeep Surey

director · Since 12/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Persons with Significant Control

Contour Engineering Limited

75–100% shares
75–100% votes

3 Pennine Way, Saltley Business Park, Birmingham, B8 1JW

Notified 04/10/2023

Former PSCs

Philip John Whitehouse

Ceased 12/09/2018

Mr Amardeep Surey

Ceased 04/10/2023

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 09/12/2021Registered 11/12/2021
Charge
outstanding

LLOYDS BANK PLC

Created 02/07/2020Registered 07/07/2020
Charge
satisfied

PHILIP JOHN WHITEHOUSE · HELEN WHITEHOUSE

Created 12/09/2018Registered 21/09/2018Satisfied 01/11/2019
charge
satisfied

LLOYDS TSB BANK PLC

Created 28/08/2001Registered 04/09/2001Satisfied 04/09/2018

CompanyRankvs 69+ SIC 29320 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.4× · 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.

Employees14/15 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 30/06/2024

Net Worth

£613k

Balance sheet strength

Cash

£93k

Cash in the bank

Net Current Assets

£433k

Working capital

Current Assets

£742k

Current Liabilities

£309k

Fixed Assets

£974k

Debtors

£620k

13avg. employees+1

Balance Sheet

Assets less current liabilities£1.4M
Signed by Mr Amardeep Surey 19/12/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.40+£85k
20232.82+£220k
20221.73-£167k
20211.62-£54k
20201.49-£183k
20192.02

Derived from filed accounts. Not audited figures.