Precision Engineering Plastics (Holdings) Limited
05455025
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 09/05/2026
Due 23/05/2027
Industry
Officers
secretary · Since 17/05/2005
ENGINEER
IRISH · UNITED KINGDOM · Age 59
Also on 3 other boards
director · Since 17/05/2005
ENGINEER
IRISH · UNITED KINGDOM · Age 59
Also on 3 other boards
director · Since 17/05/2005
ENGINEER
ITALIAN · UNITED KINGDOM · Age 59
Also on 1 other board
Persons with Significant Control
Mr Padraic Doheny
Irish · United Kingdom · Age 59
26 Grange Gardens, Pinner, HA5 5QE
Notified 06/04/2016
Mr Vince Marino
Italian · United Kingdom · Age 59
Holly Tree Lodge, Yewlands Drive, Hoddesdon, EN11 8DE
Notified 06/04/2016
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 45+ SIC 64209 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce
Key FinancialsYear ending 31/12/2024
Turnover
£6.5M
Annual revenue
Net Worth
£9.8M
Balance sheet strength
Cash
£4.4M
Cash in the bank
Profit Before Tax
£1.3M
Bottom line earnings
Net Current Assets
£7.1M
Working capital
Current Assets
£8.1M
Current Liabilities
£963k
Fixed Assets
£2.8M
Debtors
£3.0M
Cost of Sales
£3.9M
Gross Profit
£2.6M
Admin Expenses
£1.5M
Operating Profit
£1.1M
Profit After Tax
£997k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 8.38 | +£8.2M |
| 2023 | 0.55 | +£490k |
| 2021 | 0.35 | +£228k |
| 2020 | 0.15 | +£202k |
| 2019 | 0.27 | +£171k |
| 2018 | 0.13 | — |
Derived from filed accounts. Not audited figures.