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Milton Precision Engineering Limited

05018939

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

127-131 CAMBRIDGE ROAD, CAMBRIDGE, CB24 6AT
Incorporated 19/01/2004

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 19/01/2026

Due 02/02/2027

On track

Industry

71129
Other engineering activities

Officers

Simon Heathcote

director · Since 19/01/2004

DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Simon Heathcote

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 64

122, Whinbush Road, Hitchin, SG5 1PN

Notified 06/04/2016

CompanyRankvs 444+ SIC 71129 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.16× · 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 strength24/25 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.

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

Net Worth

£678k

Balance sheet strength

Cash

£677k

Cash in the bank

Net Current Assets

£665k

Working capital

Current Assets

£773k

Current Liabilities

£108k

Fixed Assets

£20k

Debtors

£91k

7avg. employees

Tax at Year End

VAT£17k

Balance Sheet

Assets less current liabilities£685k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20257.16-£43k£340k
20245.36+£25k£649k
20234.64+£122k£716k
20224.24+£103k£738k
20213.81+£49k£564k
20203.48-£20k£643k
20194.36

Derived from filed accounts. Not audited figures.