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Precision Engineering Uk Ltd

06722476

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 42 THE HALCROFT, LEICESTER, LE7 1LD
Incorporated 14/10/2008

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 14/10/2025

Due 28/10/2026

On track

Industry

25620
Machining

Officers

Yvonne Bray

secretary · Since 14/10/2008

Mr Christopher Andrew Reed

director · Since 14/10/2008

ENGINEER

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Christopher Andrew Reed

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

British · United Kingdom · Age 46

19 Parkstone Road, Syston, Leicester, LE7 1LY

Notified 06/04/2016

CompanyRankvs 1320+ SIC 25620 peers
56

Financial strength11th percentile among SIC peers · 3/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.23× · 12/20
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 strength3/25 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.

Liquidity12/20 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 31/10/2024

Net Worth

£1

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£134k

Current Liabilities

£108k

Fixed Assets

£65k

Debtors

£70k

9avg. employees+2

Balance Sheet

Assets less current liabilities£90k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.23
20231.07
20220.94
20211.12
20201.19
20191.51
20181.77

Derived from filed accounts. Not audited figures.