Peerless Precision Engineering Ltd
05547038
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Gregory Hamilton
British · England · Age 50
Unit 2 Lovedere Business Park, Bridgwater, TA5 2DD
Notified 06/10/2023
Former PSCs
Mrs Pamela Oakley
Ceased 10/01/2024
Charges2 outstanding
FIVE ARROWS BUSINESS FINANCE PLC
DEUTSCHE LEASING (UK) LTD
BIBBY FINANCIAL SERVICES LIMITED
CompanyRankvs 3658+ SIC 25990 peers49
Show leaderboard
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
£46k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£73k
Working capital
Current Assets
£144k
Current Liabilities
£218k
Fixed Assets
£268k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.66 | +£231 |
| 2023 | 0.88 | -£140k |
| 2022 | 1.80 | +£7k |
| 2021 | 1.74 | — |
Derived from filed accounts. Not audited figures.