Back to search

Precision Parts Uk Limited

05058855

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

CORNER HOUSE, MILNROW, OL16 3QF
Incorporated 01/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32500
Manufacture of medical and dental instruments and supplies

Officers

Mr Robert David Parry

director · Since 01/03/2004

COMPANY DIRECTOR

BRITISH · PORTUGAL · Age 52

Gregory Collins

secretary · Since 15/04/2010

BRITISH

Cathy Fennessy

director · Since 01/05/2019

COMPANY DIRECTOR

BRITISH · IRELAND · Age 61

Mr Declan Patrick Field

director · Since 26/02/2025

COMPANY DIRECTOR

IRISH · IRELAND · Age 64

Also on 1 other board

Mr Robert-Jan Lodewijk Broekhuijsen

director · Since 26/02/2025

COMPANY DIRECTOR

DUTCH · NETHERLANDS · Age 40

Persons with Significant Control

Esi Process U.K. Limited

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

Lakeside House, Lakeside Park, Cwmbran, NP44 3XS

Reg: 04303465 · England And Wales Company Registry · Private Limited Company

Notified 08/05/2018

Former PSCs

Mr Robert David Parry

Ceased 08/05/2018

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 13/02/2015Registered 24/02/2015Satisfied 10/05/2018
charge
satisfied

BARCLAYS BANK PLC

Created 13/06/2012Registered 20/06/2012Satisfied 10/05/2018

CompanyRankvs 13+ SIC 32500 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.96× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£20.1M

Annual revenue

Net Worth

£6.2M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

£3.2M

Bottom line earnings

Net Current Assets

£6.0M

Working capital

Current Assets

£9.0M

Current Liabilities

£3.1M

Fixed Assets

£228k

Debtors

£4.2M

Cost of Sales

£15.0M

Gross Profit

£5.0M

Admin Expenses

£1.6M

Operating Profit

£3.2M

Profit After Tax

£2.6M

47avg. employees

Tax at Year End

Corp tax-£29k
Dividends paid£3.0M

People Costs

Wages & salaries£1.5M
NI contributions£116k

Balance Sheet

Intangible assets£27k
Assets less current liabilities£6.2M
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent Ratio
20212.96

Derived from filed accounts. Not audited figures.