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Precision Microdrives Ltd.

05114621

active
ltd
england wales
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

Kennington Park Business Centre, 1-3 Brixton Road, London, SW9 6DE
Incorporated 28/04/2004

Previously known as

Fast Components Limited · until 18/12/2006

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

26110
Manufacture of electronic components

Officers

Mr Thomas James Arundel

director · Since 28/04/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 6 other boards

Mr Thomas James Arundel

secretary · Since 28/04/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 6 other boards

Mr Nicholas Burroughs

director · Since 21/12/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Thomas James Arundel

secretary · Since 28/04/2004

British

Thomas James Arundel

director · Since 28/04/2004

British · United Kingdom · Age 47

Nicholas Burroughs

director · Since 21/12/2017

British · England · Age 63

Former

Tsuyoshi Kihara

director · Resigned 31/12/2021

Alexander Edwin Castel

director · Resigned 14/02/2025

Persons with Significant Control

Precision Microdrives Holdings Limited

75–100% shares
75–100% votes

Vintage House, 36-37 Albert Embankment, London, SE1 7TL

Reg: 12041055 · Companies House · Private Company Limited By Shares

Notified 30/07/2019

Former PSCs

Mr Thomas James Arundel

Ceased 30/07/2019

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 21/08/2025Registered 01/09/2025
Charge
satisfied

HSBC UK BANK PLC

Created 15/05/2024Registered 21/05/2024Satisfied 20/08/2025
Charge
satisfied

HSBC UK BANK PLC

Created 27/04/2022Registered 28/04/2022Satisfied 20/08/2025
Charge
satisfied

HSBC UK BANK PLC

Created 02/09/2020Registered 03/09/2020Satisfied 20/08/2025
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 28/12/2017Registered 28/12/2017Satisfied 26/08/2025

Change History

officer appointed → ARUNDEL, Thomas James
2026-08-13
officer appointed → ARUNDEL, Thomas James
2026-08-13
officer appointed → BURROUGHS, Nicholas
2026-08-13
status → active
2026-08-13

Active

type → ltd
2026-08-13

Private Limited Company

address line1 → Kennington Park Business Centre
2026-08-13

KENNINGTON PARK BUSINESS CENTRE

post town → London
2026-08-13

LONDON

CompanyRankvs 79+ SIC 26110 peers
75

Financial strength91th percentile among SIC peers · 23/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£2.1M

Balance sheet strength

Cash

£826k

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£2.6M

Current Liabilities

£392k

Fixed Assets

£264k

Debtors

£1.8M

8avg. employees-2

Balance Sheet

Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20256.74+£106k
20243.54-£415k
20232.53—

Derived from filed accounts. Not audited figures.