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Precision Waterjet Limited

05972035

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

50 FORE STREET, SEATON, EX12 2AD
Incorporated 19/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr David Ian Bisson

director · Since 06/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr David Ian Bisson

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

British · England · Age 46

50 Fore Street, Seaton, EX12 2AD

Notified 06/04/2016

Former PSCs

Miss Kelly Marie Stamp

Ceased 16/01/2024

Charges0 outstanding

Charge
satisfied

CLOSE BROTHERS LTD ("THE SECURITY TRUSTEE)

Created 31/03/2015Registered 01/04/2015Satisfied 12/01/2024

CompanyRankvs 1160+ SIC 32990 peers
83

Financial strength88th percentile among SIC peers · 22/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.37× · 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 strength22/25 pts

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

Employees11/15 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 31/03/2025

Net Worth

£765k

Balance sheet strength

Cash

£231k

Cash in the bank

Net Current Assets

£613k

Working capital

Current Assets

£709k

Current Liabilities

£96k

Fixed Assets

£184k

Debtors

£467k

5avg. employees-1

Balance Sheet

Assets less current liabilities£797k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20257.37+£42k
20245.68-£3k
202313.57-£534k
202215.74+£226k
20219.87

Derived from filed accounts. Not audited figures.