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Mc Precision Limited

04587273

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

KINGS CHAMBERS QUEENS CROSS, DUDLEY, DY1 1QT
Incorporated 11/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Zena Cole

secretary · Since 11/11/2002

BRITISH · Age 77

Also on 1 other board

Mathew Cole

director · Since 11/11/2002

DIRECTOR

BRITISH · Age 50

Persons with Significant Control

Mr Mathew Cole

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

British · United Kingdom · Age 50

217 Hydes Road, West Bromwich, B71 2EF

Notified 06/04/2016

CompanyRankvs 11878+ SIC 82990 peers
68

Financial strength71th percentile among SIC peers · 18/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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11878Mc Precision Limited
78
How is this score calculated?
Financial strength18/25 pts

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

Employees10/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Companies Act 2006. The financial statements have been prepared under the historical cost convention. In preparing the accounts the directors have assessed the company's ability to continue as a going concern for the period of 1 year from the approval of these accounts. The directors consider the going concern basis of preparing the accounts appropriate as financial support will be provided by

Key FinancialsYear ending 30/11/2024

Net Worth

£22k

Balance sheet strength

Cash

£792

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£26k

Current Liabilities

£4k

Fixed Assets

£753

Debtors

£25k

2avg. employees

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.49+£2k
20235.47+£2k
20225.10+£6k
20212.20+£8k
20201.47+£4k
20190.93+£110
20181.17—

Derived from filed accounts. Not audited figures.