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Precision Oiltools Limited

04992224

active
Private Limited Company
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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 11/12/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Craig Alexander Robertson

director · Since 15/12/2003

ENGINEER

BRITISH · SCOTLAND · Age 59

Also on 1 other board

Grant Donald Innes

director · Since 13/05/2004

ENGINEER

BRITISH · SCOTLAND · Age 56

Beverley Robertson

secretary · Since 30/10/2009

BRITISH

Mrs Beverley Robertson

director · Since 25/08/2015

FINANCE DIRECTOR

BRITISH · SCOTLAND · Age 56

Also on 1 other board

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 14/05/2004Registered 26/05/2004

CompanyRankvs 2110+ SIC 32990 peers
72

Financial strength88th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2110Precision Oiltools Limited
78
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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 31/03/2025

Net Worth

£769k

Balance sheet strength

Cash

£151k

Cash in the bank

Net Current Assets

£611k

Working capital

Current Assets

£1.4M

Current Liabilities

£740k

Fixed Assets

£197k

Debtors

£522k

19avg. employees+34

Balance Sheet

Intangible assets£152k
Prepared with v2025.83.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20251.83+£213k
20241.64+£236k
20231.14-£79k
20221.19-£29k
20211.16-£379k
20201.56+£422k
20191.70—

Derived from filed accounts. Not audited figures.