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Precision Microdrives Ltd.

05114621

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

KENNINGTON PARK BUSINESS CENTRE, LONDON, SW9 6DE
Incorporated 28/04/2004

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

secretary · Since 28/04/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 6 other boards

Mr Thomas James Arundel

director · 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

Persons with Significant Control

Precision Microdrives Holdings Limited

75–100% shares
75–100% votes

Kennington Park Business Centre, 1-3 Brixton Road, London, SW9 6DE

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

CompanyRankvs 78+ SIC 26110 peers
75

Financial strength91th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.54× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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78Precision Microdrives Ltd.
85
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 31/12/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£826k

Cash in the bank

Net Current Assets

£2.6M

Working capital

Current Assets

£3.6M

Current Liabilities

£1.0M

Fixed Assets

£293k

Debtors

£1.9M

10avg. employees-8

Balance Sheet

Assets less current liabilities£2.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.54-£415k
20232.53+£111k
20223.60+£734k
20211.75+£156k
20205.06—
20192.50—
20183.62—

Derived from filed accounts. Not audited figures.