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Axis Precision Limited

04221207

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

MAES MADOG 21 BRYN CELYN ROAD, CAERNARFON, LL54 6AB
Incorporated 22/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr David Glyn Thatcher

director · Since 22/05/2001

SUB CONTRACT ENGINEERING

BRITISH · WALES · Age 62

Carol Wynne Thatcher

secretary · Since 01/03/2004

BRITISH

Persons with Significant Control

Mr David Glyn Thatcher

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

British · Wales · Age 62

Maes Madog 21 Bryn Celyn Road, Caernarfon, LL54 6AB

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 06/08/2020Registered 10/08/2020
charge
satisfied

LLOYDS TSB BANK PLC

Created 30/03/2012Registered 03/04/2012Satisfied 06/05/2020
charge
outstanding

LLOYDS TSB BANK PLC

Created 12/05/2009Registered 14/05/2009

CompanyRankvs 1335+ SIC 25620 peers
45

Financial strength68th percentile among SIC peers · 17/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.3× · 2/20
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 strength17/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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 30/06/2025

Net Worth

£290k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£166k

Working capital

Current Assets

£72k

Current Liabilities

£237k

Fixed Assets

£500k

Debtors

£36k

2avg. employees

Balance Sheet

Assets less current liabilities£334k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30+£0
20250.30+£4k
20240.47+£18k
20230.60-£42k
20220.79-£30k
20211.69

Derived from filed accounts. Not audited figures.