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M.B. Precision Engineering (North East) Limited

05366192

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 8 PRESERVING WORKS NEWBURN INDUSTRIAL ESTATE, NEWCASTLE UPON TYNE, NE15 9RT
Incorporated 16/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Leslie William Maccabe

director · Since 16/02/2005

PRODUCTION DIRECTOR

ENGLISH · ENGLAND · Age 59

Persons with Significant Control

Mr Leslie William Maccabe

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

English · England · Age 59

Unit 8, Preserving Works Newburn Industrial Estate, Newcastle Upon Tyne, NE15 9RT

Notified 03/10/2023

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/08/2013Registered 27/08/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/05/2008Registered 18/06/2008

CompanyRankvs 924+ SIC 25620 peers
56

Financial strength62th percentile among SIC peers · 16/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.19× · 12/20
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 strength16/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

£187k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£145k

Current Liabilities

£122k

Fixed Assets

£263k

Debtors

£134k

3avg. employees

Tax at Year End

Corp tax£18k

Balance Sheet

Assets less current liabilities£286k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19-£3k
20241.20+£54k
20231.00+£30k
20220.92+£11k
20210.86-£38k
20200.88-£60k
20191.08

Derived from filed accounts. Not audited figures.