Back to search

Abs Precision Limited

05129895

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

ABS PRECISION LTD EIGHTH AVENUE WEST, EIGHTH AVENUE, GATESHEAD, NE11 0EB
Incorporated 17/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28290
28290

Officers

Mr Christopher Ainsley

director · Since 01/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 48

Mr Christopher Paul Southwood

director · Since 01/07/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Persons with Significant Control

Ntg Holdings Limited

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

3, Bunhill Row, London, EC1Y 8YZ

Reg: 13026875 · England & Wales · Private Limited Company

Notified 01/07/2022

Former PSCs

Mr Maurice Atherton

Ceased 01/07/2022

Mr David Stott

Ceased 01/07/2022

Mr Brian Brooks

Ceased 01/07/2022

Charges3 outstanding

Charge
outstanding

ORTUS SECURED FINANCE I LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES)

Created 30/03/2026Registered 02/04/2026
Charge
outstanding

ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED

Created 30/03/2026Registered 02/04/2026
Charge
outstanding

ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED

Created 01/07/2022Registered 04/07/2022
charge
satisfied

CHIP (ONE) LIMITED

Created 08/09/2004Registered 17/09/2004Satisfied 29/11/2012
charge
satisfied

LLOYDS TSB BANK PLC

Created 29/07/2004Registered 31/07/2004Satisfied 29/11/2012

CompanyRankvs 6890+ SIC 28290 peers
34

Financial strength0th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
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 strength0/25 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.

Liquidity0/20 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

Balance sheet strength

Cash

£358k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£1.3M

Fixed Assets

£144k

Debtors

£3.1M

44avg. employees-1

Balance Sheet

Intangible assets£15k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20222.69-£143k
20212.78+£316k
20202.85+£123k
20192.71

Derived from filed accounts. Not audited figures.