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Matrix Precision Engineering Limited

05261210

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

SEARCH HOUSE, HUNGERFORD, RG17 0EY
Incorporated 15/10/2004

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/09/2025

Due 16/09/2026

On track

Industry

25620
Machining
25990
Manufacture of other fabricated metal products

Officers

Mr Julian Charles Paice

director · Since 15/10/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 3 other boards

Mr Michael John Simpkin

director · Since 15/01/2026

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Trimax Technologies Limited

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

Ramsbury House, Charnhan Lane, Hungerford, RG17 0EY

Reg: 13729896 · Companies House · Limited

Notified 15/01/2026

Former PSCs

Mr Julian Charles Paice

Ceased 15/01/2026

Charges0 outstanding

Charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 14/08/2014Registered 19/08/2014Satisfied 19/07/2017
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/05/2014Registered 27/05/2014Satisfied 15/12/2023
charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 20/09/2011Registered 04/10/2011Satisfied 16/07/2014
charge
satisfied

ROY GREEN

Created 31/12/2004Registered 05/01/2005Satisfied 16/07/2011
charge
satisfied

HSBC BANK PLC

Created 09/12/2004Registered 15/12/2004Satisfied 16/07/2014

CompanyRankvs 1069+ SIC 25620 peers
66

Financial strength76th percentile among SIC peers · 19/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.89× · 6/20
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 strength19/25 pts

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

Employees11/15 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.

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

£531k

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£453k

Current Liabilities

£509k

Fixed Assets

£971k

Debtors

£332k

10avg. employees-1

Balance Sheet

Intangible assets£0
Assets less current liabilities£916k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89+£33k
20230.98-£279k
20221.34+£355k
20211.09

Derived from filed accounts. Not audited figures.