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Phirst Precision Carbide Limited

05470610

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD BARN OFF WOOD STREET, SWANLEY, BR8 7PA
Incorporated 02/06/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Peter Davis

director · Since 03/06/2005

MANAGEMENT

BRITISH · UNITED KINGDOM · Age 69

Persons with Significant Control

Mr Peter Davis

50–75% shares

English · England · Age 69

The Old Barn, Off Wood Street, Swanley, BR8 7PA

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/07/2012Registered 06/07/2012
charge
satisfied

HSBC BANK PLC

Created 25/05/2011Registered 26/05/2011Satisfied 26/06/2012

CompanyRankvs 4765+ SIC 25990 peers
37

Financial strength6th percentile among SIC peers · 2/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.64× · 6/20
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 strength2/25 pts

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

Employees9/15 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.

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 30/06/2025

Net Worth

-£20k

Balance sheet strength

Cash

£29

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£123k

Current Liabilities

£193k

Fixed Assets

£107k

Debtors

£55k

4avg. employees

Tax at Year End

Corp tax£35k

Director Loans

Company owes directors£103k

Balance Sheet

Assets less current liabilities£38k
Signed by Mr Peter Davis 28/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.64-£35k
20240.94
20230.89
20220.77
20210.82

Derived from filed accounts. Not audited figures.