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Detail Precision Engineering Limited

04770098

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

OFFICE 17 THE ATKINS BUILDING, HINCKLEY, LE10 1QU
Incorporated 19/05/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Philip Anthony Giles

director · Since 19/05/2003

LIGHT ENGINEER

BRITISH · ENGLAND · Age 63

Joyce Mary Giles

secretary · Since 12/03/2007

BRITISH

Mrs Joyce Mary Giles

director · Since 31/05/2019

ACCOUNTS MANAGER

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Philip Anthony Giles

50–75% shares
50–75% votes

British · England · Age 63

Unit 6, Oaks Way, Leicester, LE9 7GX

Notified 06/04/2016

Mrs Joyce Mary Giles

25–50% shares
25–50% votes

British · England · Age 64

Unit 6, Oaks Way, Leicester, LE9 7GX

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 19/08/2025Registered 20/08/2025
charge
outstanding

LEICESTERSHIRE COUNTY COUNCIL

Created 27/12/2007Registered 15/01/2008
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 11/08/2004Registered 18/08/2004Satisfied 15/12/2025
charge
satisfied

RDM FACTORS LIMITED

Created 05/03/2004Registered 09/03/2004Satisfied 14/06/2012
charge
satisfied

HSBC BANK PLC

Created 28/08/2003Registered 04/09/2003Satisfied 24/07/2004

CompanyRankvs 1658+ SIC 25620 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.54× · 6/20
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 strength0/25 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.

Liquidity6/20 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 31/05/2025

Net Worth

-£273k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£408k

Working capital

Current Assets

£483k

Current Liabilities

£891k

Fixed Assets

£328k

Debtors

£421k

19avg. employees

Balance Sheet

Assets less current liabilities-£80k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.54+£0
20250.54-£64k
20240.52-£30k
20230.52-£54k
20220.61-£75k
20210.76

Derived from filed accounts. Not audited figures.