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J & L Precision Limited

05424823

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

5 ROWANWOOD, FINCHAMPSTEAD WOKINGHAM, RG40 4QQ
Incorporated 14/04/2005

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 14/04/2026

Due 28/04/2027

On track

Industry

28110
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

Officers

Laurie Gosling

secretary · Since 14/04/2005

British

Laurie Gosling

director · Since 14/04/2005

British

John Charles James

director · Since 14/04/2005

British

Former

Temple Secretaries Limited

corporate nominee secretary · Resigned 14/04/2005

Company Directors Limited

corporate nominee director · Resigned 14/04/2005

CompanyRankvs 100+ SIC 28110 peers
87

Financial strength92th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.32× · 20/20
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 strength23/25 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.

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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£655k

Cash in the bank

Net Current Assets

£728k

Working capital

Current Assets

£1.3M

Current Liabilities

£551k

Fixed Assets

£838k

Debtors

£595k

20avg. employees

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.32+£156k
20232.45+£103k
20222.94+£116k
20212.96

Derived from filed accounts. Not audited figures.