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Precision Golf Limited

05212902

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

12 BORELLI YARD, FARNHAM, GU9 7NU
Incorporated 24/08/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Michael Stewart Davey

secretary · Since 24/08/2004

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Mr James Stewart Davey

director · Since 24/08/2004

CLUB BUILDER

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Simon David Cooper

director · Since 07/10/2004

CLUB FITTER

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr James Stewart Davey

25–50% shares
25–50% votes

British · United Kingdom · Age 48

12, Borelli Yard, Farnham, GU9 7NU

Notified 24/08/2016

Mr Simon David Cooper

25–50% shares
25–50% votes

British · United Kingdom · Age 46

12, Borelli Yard, Farnham, GU9 7NU

Notified 24/08/2016

Charges1 outstanding

charge
satisfied

OWNWAYS LIMITED

Created 04/10/2007Registered 10/10/2007Satisfied 22/04/2015
charge
satisfied

OWNWAYS LIMITED

Created 23/12/2004Registered 31/12/2004Satisfied 22/04/2015
charge
outstanding

BARCLAYS BANK PLC

Created 21/10/2004Registered 30/10/2004

CompanyRankvs 2882+ SIC 47789 peers
59

Financial strength75th percentile among SIC peers · 19/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 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.

Liquidity6/20 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

£65k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

-£126k

Working capital

Current Assets

£166k

Current Liabilities

£293k

Fixed Assets

£322k

Debtors

£20k

12avg. employees-2

Balance Sheet

Assets less current liabilities£196k
Signed by S D Cooper J S Davey 31 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.57-£61k
20230.96+£54k
20220.54-£152k
20211.74+£102k
20201.20+£57k
20190.75+£6k
20181.04

Derived from filed accounts. Not audited figures.