Restormel Precision Engineering Limited
04149507
Healthy
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 26/01/2026
Due 09/02/2027
Industry
Officers
director · Since 12/05/2025
DIRECTOR
BRITISH · ENGLAND · Age 73
Also on 3 other boards
Former
corporate nominee director · Resigned 29/01/2001
corporate nominee secretary · Resigned 29/01/2001
corporate secretary · Resigned 21/03/2002
director · Resigned 04/10/2021
secretary · Resigned 24/02/2022
Persons with Significant Control
Mr Barry Stephen Kennett
British · England · Age 48
Unit 6, Restormel Industrial Estate, Lostwithiel, PL22 0HG
Notified 09/02/2021
Former PSCs
Mr James Moyses Underwood
Ceased 31/03/2024
Charges0 outstanding
LLOYDS BANK COMMERCIAL FINANCE LIMITED
Change History
Active
RESTORMEL MACHINE LIMITED
Private Limited Company
UNIT 6
LOSTWITHIEL
CompanyRankvs 1750+ SIC 25110 peers61
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£41k
Balance sheet strength
Cash
£29k
Cash in the bank
Net Current Assets
-£215k
Working capital
Current Assets
£240k
Current Liabilities
£458k
Fixed Assets
£522k
Debtors
£168k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.52 | +£72k |
| 2024 | 0.49 | -£487k |
| 2023 | 1.16 | — |
Derived from filed accounts. Not audited figures.