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Precision Plus Engineering Limited

05246952

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

23 RAWLINS WAY, THETFORD, IP26 4DG
Incorporated 30/09/2004

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

74909
Other professional, scientific and technical activities

Officers

Mrs Lisa Jane Paterson

secretary · Since 30/09/2004

BRITISH

Mr Mark Lloyd Paterson

director · Since 30/09/2004

ENGINEER

BRITISH · ENGLAND · Age 46

Mr Garry Lloyd Sides

director · Since 25/11/2005

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Persons with Significant Control

Mr Garry Lloyd Sides

25–50% shares
25–50% votes

British · England · Age 66

23, Rawlins Way, Thetford, IP26 4DG

Notified 06/04/2016

Mr Mark Lloyd Paterson

50–75% shares
50–75% votes
Appoint directors

British · England · Age 46

23, Rawlins Way, Thetford, IP26 4DG

Notified 06/04/2016

CompanyRankvs 31520+ SIC 74909 peers
50

Financial strength72th percentile among SIC peers · 18/25
Employees11th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees2/15 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.

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

£30k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£722

Working capital

Current Assets

£48k

Current Liabilities

Fixed Assets

£37k

Debtors

£8k

0avg. employees

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities£36k
Prepared with BrightAccountsProduction v1.0.0

EstimatesDerived

YearImplied Profit
2025+£12k
2024+£5k
2023+£6k

Derived from filed accounts. Not audited figures.