Precon Products Ltd
06116510
Healthy
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/03/2008
SALES MANAGER
ENGLISH · ENGLAND · Age 58
Also on 1 other board
director · Since 02/11/2009
NONE
BRITISH · ENGLAND · Age 55
Also on 6 other boards
director · Since 02/11/2009
NONE
BRITISH · ENGLAND · Age 41
Also on 3 other boards
director · Since 01/02/2016
SALES DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 2 other boards
director · Since 08/12/2021
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 3 other boards
director · Since 01/01/2025
DIRECTOR OF HSEQ AND COMPLIANCE
BRITISH · ENGLAND · Age 46
Also on 3 other boards
Persons with Significant Control
Precon Holdings Limited
Fitzroy House, Crown Street, Ipswich, IP1 3LG
Reg: 15873566 · Companies House · Private Limited Company
Notified 06/11/2024
Former PSCs
Mr Julian Matthew Green
Ceased 06/11/2024
Mr Ashleigh Thomas Hawes
Ceased 06/11/2024
Mr Michael David Philpot
Ceased 06/11/2024
Charges4 outstanding
WAYFLYER FINANCIAL DESIGNATED ACTIVITY COMPANY
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CompanyRankvs 133+ SIC 46720 peers66
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£81.1M
Annual revenue
Net Worth
£14.4M
Balance sheet strength
Cash
£5.0M
Cash in the bank
Profit Before Tax
£3.2M
Bottom line earnings
Net Current Assets
£12.6M
Working capital
Current Assets
£26.5M
Current Liabilities
£13.9M
Fixed Assets
£2.9M
Debtors
£13.0M
Cost of Sales
£61.1M
Gross Profit
£20.0M
Admin Expenses
£10.2M
Operating Profit
£3.2M
Profit After Tax
£2.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.90 | -£631k |
| 2023 | 2.02 | +£730k |
| 2022 | 1.73 | +£3.8M |
| 2021 | 1.61 | +£2.9M |
| 2020 | 1.48 | — |
Derived from filed accounts. Not audited figures.