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Adp Precision Engineering Limited

04599354

active
Private Limited Company
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

UNIT 3 WESTWAY INDUSTRIAL PARK, NEWCASTLE UPON TYNE, NE15 9HW
Incorporated 25/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Peter Anthony Cornish

director · Since 25/11/2002

DIRECTOR

ENGLISH · ENGLAND · Age 60

Also on 1 other board

Mr Anthony Ingledew

director · Since 25/11/2002

DIRECTOR

ENGLISH · ENGLAND · Age 52

Also on 1 other board

Lorraine Dolan

secretary · Since 10/06/2010

Persons with Significant Control

Adp Precision Holdings Limited

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

Unit 3, Westway Industrial Park, Newcastle Upon Tyne, NE15 9HW

Reg: 07280972 · Companies House · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 14/07/2008Registered 22/07/2008
charge
outstanding

LLOYDS TSB BANK PLC

Created 27/04/2004Registered 07/05/2004

CompanyRankvs 7479+ SIC 82990 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.56× · 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 strength24/25 pts

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

Employees15/15 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 31/12/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£363k

Cash in the bank

Net Current Assets

£328k

Working capital

Current Assets

£919k

Current Liabilities

£591k

Fixed Assets

£1.4M

Debtors

£485k

23avg. employees-3

Tax at Year End(2023)

Corp tax£35k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.56+£44k
20231.55-£172k
20221.96-£99k
20212.02

Derived from filed accounts. Not audited figures.