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Microcut Precision Engineering Limited

04453582

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

UNIT D8, NORWICH, NR7 9BB
Incorporated 02/06/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mrs Karen Joan Hart

director · Since 02/06/2002

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 69

Mr Michael Derek Hart

director · Since 02/06/2002

ENGINEER

BRITISH · UNITED KINGDOM · Age 71

Mr Dana Lynne Reynolds

director · Since 02/06/2002

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 70

Mr Michael James Reynolds

director · Since 02/06/2002

ENGINEER

BRITISH · UNITED KINGDOM · Age 70

Peter James

director · Since 01/04/2008

ENGINEER

BRITISH · Age 54

Also on 1 other board

Peter James

secretary · Since 30/11/2008

Also on 1 other board

Persons with Significant Control

Mr Michael Derek Hart

Significant control

British · United Kingdom · Age 71

Unit D8, Pinetrees Road, Norwich, NR7 9BB

Notified 06/04/2016

Mr Michael James Reynolds

Significant control

British · United Kingdom · Age 70

Unit D8, Pinetrees Road, Norwich, NR7 9BB

Notified 06/04/2016

Mrs Karen Joan Hart

Significant control

British · United Kingdom · Age 69

Unit D8, Pinetrees Road, Norwich, NR7 9BB

Notified 06/04/2016

Mr Dana Lynne Reynolds

Significant control

British · United Kingdom · Age 70

Unit D8, Pinetrees Road, Norwich, NR7 9BB

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 20/07/2011Registered 29/07/2011

CompanyRankvs 539+ SIC 28990 peers
69

Financial strength81th percentile among SIC peers · 20/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.82× · 16/20
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 strength20/25 pts

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

Employees13/15 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 31/03/2025

Net Worth

£835k

Balance sheet strength

Cash

£372k

Cash in the bank

Net Current Assets

£373k

Working capital

Current Assets

£829k

Current Liabilities

£457k

Fixed Assets

£499k

Debtors

£449k

21avg. employees+1

Balance Sheet

Assets less current liabilities£872k
Signed by Mr Michael Hart 20 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.82+£6k
20241.75-£134k
20232.24+£37k
20222.14-£37k
20212.65

Derived from filed accounts. Not audited figures.