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Star Precision Tools Limited

04697389

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

40-42 Potters Lane Potters Lane, Wednesbury, WS10 0AT
Incorporated 13/03/2003

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy

Officers

Nigel Lockley

secretary · Since 26/05/2008

British

Lee Bates

director · Since 11/09/2009

British · England · Age 49

Jayne Bates

director · Since 13/07/2012

British · England · Age 55

Former

Rita Jill Bates

secretary · Resigned 26/05/2008

David Anthony Bates

director · Resigned 26/05/2008

Rita Jill Bates

director · Resigned 31/03/2024

Persons with Significant Control

Star Precision (Holdings) Ltd

75–100% shares

59 - 61, Charlotte Street, Birmingham, B3 1PX

Reg: 9213491 · Companies House · Limited Company

Notified 30/06/2016

Charges1 outstanding

Charge
outstanding

BIRMINGHAM CITY COUNCIL

Created 09/05/2018Registered 11/05/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 04/03/2005Registered 09/03/2005Satisfied 11/04/2024

Change History

officer appointedLOCKLEY, Nigel
2026-06-04
officer appointedBATES, Jayne
2026-06-04
officer appointedBATES, Lee
2026-06-04
statusactive
2026-06-04

Active

post townWednesbury
2026-06-04

WEDNESBURY

typeltd
2026-06-04

Private Limited Company

address line140-42 Potters Lane Potters Lane
2026-06-04

40-42 POTTERS LANE

CompanyRankvs 90+ SIC 25500 peers
65

Financial strength78th percentile among SIC peers · 20/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.34× · 12/20
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.

Liquidity12/20 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

£671k

Balance sheet strength

Cash

£234k

Cash in the bank

Net Current Assets

£303k

Working capital

Current Assets

£1.2M

Current Liabilities

£902k

Fixed Assets

£379k

Debtors

£948k

26avg. employees

Director Loans(2019)

Company owes directors£53k

Balance Sheet

Bank loans & overdrafts£49k
Assets less current liabilities£682k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.34+£51k
20241.46+£160k
20231.31+£414
20221.40+£50k
20211.48
20201.16
20191.28

Derived from filed accounts. Not audited figures.