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Precise Minds Limited

04746361

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

THE ATHENAEUM, FALMOUTH, TR11 3QL
Incorporated 28/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing

Officers

Mr Warren Anthony Searle

director · Since 06/05/2003

IT DEVELOPER

BRITISH · ENGLAND · Age 49

Also on 4 other boards

Persons with Significant Control

Mr Warren Anthony Searle

75–100% shares

British · England · Age 49

The Athenaeum, Falmouth, TR11 3QL

Notified 28/04/2016

CompanyRankvs 158+ SIC 58290 peers
84

Financial strength91th percentile among SIC peers · 23/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.64× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 31/03/2025

Turnover

£199k

Annual revenue

Net Worth

£141k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£152k

Working capital

Current Assets

£175k

Current Liabilities

£23k

Fixed Assets

£1k

Profit After Tax

£47k

2avg. employees

Balance Sheet

Depreciation£808
Assets less current liabilities£153k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20257.64+£47k
20246.60+£31k
20233.10+£29k
20224.71+£28k
2020NaN
20190.91

Derived from filed accounts. Not audited figures.