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Msprecision (Grimsby) Ltd

06083909

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT 6F, ESTATE ROAD 6,, GRIMSBY, DN31 2TG
Incorporated 06/02/2007

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

25620
Machining

Officers

Michael Yaxley

secretary · Since 08/02/2007

ENGINEER

BRITISH · UNITED KINGDOM · Age 62

Mr Steven James Parker

director · Since 08/02/2007

ENGINEER

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr Michael Yaxley

director · Since 08/02/2007

ENGINEER

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Steven James Parker

25–50% shares
25–50% votes

British · England · Age 63

Unit 6f,, Estate Road 6,, Grimsby, DN31 2TG

Notified 06/04/2016

Mr Michael Yaxley

25–50% shares
25–50% votes

British · England · Age 62

Unit 6f,, Estate Road 6,, Grimsby, DN31 2TG

Notified 06/04/2016

CompanyRankvs 585+ SIC 25620 peers
74

Financial strength57th percentile among SIC peers · 14/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.24× · 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 strength14/25 pts

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

Employees10/15 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

£113k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£169k

Current Liabilities

£75k

Fixed Assets

£27k

Debtors

£94k

6avg. employees

Balance Sheet

Assets less current liabilities£120k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.24-£33k
20242.82-£26k
20232.92+£10k
20222.66+£12k
20213.51+£36k
20202.54+£51k
20191.72

Derived from filed accounts. Not audited figures.