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Uk Precision Limited

05337241

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

28 SPEED HOUSE, BARBICAN, LONDON, LONDON, EC2Y 8AT
Incorporated 19/01/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Glenn Torbjorn Michael Karlsson

director · Since 05/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr David Scott Sneddon

director · Since 05/10/2022

DIRECTOR

BRITISH · WALES · Age 62

Also on 11 other boards

Persons with Significant Control

Leviathan Newco 2 Limited

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-trust

53 Theresa Avenue, Theresa Avenue, Bristol, BS7 9ER

Reg: 14240763 · Registrar Of Companies For England And Wales · England And Wales

Notified 05/10/2022

Former PSCs

Mrs Emma Louise Warren

Ceased 05/10/2022

Mr Andrew James Warren

Ceased 05/10/2022

Charges1 outstanding

Charge
outstanding

SME LENDING LIMITED

Created 05/10/2022Registered 06/10/2022
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 29/01/2014Registered 30/01/2014Satisfied 27/09/2022
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 17/12/2013Registered 19/12/2013Satisfied 27/09/2022
charge
satisfied

BARCLAYS BANK PLC

Created 07/08/2008Registered 13/08/2008Satisfied 18/09/2012
charge
satisfied

BARCLAYS BANK PLC

Created 30/04/2008Registered 10/05/2008Satisfied 12/09/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/02/2005Registered 04/03/2005Satisfied 23/09/2005

CompanyRankvs 175+ SIC 25620 peers
64

Financial strength83th percentile among SIC peers · 21/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

these liabilities. Accordingly, based on all of the above considerations, the directors do not consider there is any material uncertainty that would affect the company’s ability to continue as a going concern and that consequently the accounts are prepared on a going concern basis. Page 3 UK Precision Limited Notes to the Financial Statements Year Ended 30 April 2025 Key sources of estimation

Key FinancialsYear ending 30/04/2025

Net Worth

£949k

Balance sheet strength

Cash

£76k

Cash in the bank

Net Current Assets

£759k

Working capital

Current Assets

£1.1M

Current Liabilities

£311k

Fixed Assets

£294k

Debtors

£751k

17avg. employees

Tax at Year End(2018)

Corp tax£29k

Balance Sheet

Bank loans & overdrafts£9k
Assets less current liabilities£1.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.44+£0
20253.44+£333k
20242.05-£45k
20222.00+£216k
20212.00+£57k
20201.35+£135k
20190.89-£98k
20181.10

Derived from filed accounts. Not audited figures.