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Hi-Precision Engineering Limited

04884029

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

20 SNOWCROFT, IPSWICH, IP9 2UT
Incorporated 01/09/2003

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 01/09/2025

Due 15/09/2026

On track

Industry

71129
Other engineering activities

Officers

Jodie Marie Baxter

secretary · Since 01/09/2003

BRITISH

Mr Nicholas Alan Smith

director · Since 01/09/2003

ENGINEER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Nicholas Alan Smith

75–100% shares

British · England · Age 51

20 Snowcroft, Ipswich, IP9 2UT

Notified 06/04/2016

CompanyRankvs 1321+ SIC 71129 peers
81

Financial strength70th percentile among SIC peers · 18/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.09× · 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 strength18/25 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.

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 31/08/2025

Net Worth

£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£31k

Current Liabilities

£15k

Fixed Assets

£13k

3avg. employees

Balance Sheet

Assets less current liabilities£29k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20252.09-£2k
20241.85+£5k
20231.37

Derived from filed accounts. Not audited figures.