Back to search

Tts Precision Engineering Ltd

07153335

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

4 ATLAS WAY, SHEFFIELD, S4 7QQ
Incorporated 10/02/2010

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 10/02/2026

Due 24/02/2027

On track

Industry

25620
Machining

Officers

Mr Wayne Barry Cocksedge

director · Since 20/04/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mr Scott Joseph Cocksedge

director · Since 12/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Persons with Significant Control

Wayne Barry Cocksedge

25–50% shares
25–50% votes

British · United Kingdom · Age 58

4, Atlas Way, Sheffield, S4 7QQ

Notified 06/04/2016

Mrs Maria Cocksedge

25–50% shares
25–50% votes

British · United Kingdom · Age 57

4, Atlas Way, Sheffield, S4 7QQ

Notified 19/03/2025

Former PSCs

Mr David Lewis

Ceased 19/03/2025

Charges4 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 16/03/2026Registered 26/03/2026
Charge
outstanding

HSBC UK BANK PLC

Created 01/03/2024Registered 01/03/2024
Charge
outstanding

HSBC UK BANK PLC

Created 28/03/2019Registered 01/04/2019
Charge
outstanding

HSBC BANK PLC

Created 29/11/2013Registered 05/12/2013

CompanyRankvs 424+ SIC 25620 peers
72

Financial strength90th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Bushell & Meadows Limited
90
2Klinger Limited
90
3J.A. Harvey (Bassingham) Limited
90
4Hydac Technology Limited
90
5The West Group Limited
90
6Woolley Gmc Engineering Company Limited
90
7Helical Technology Ltd.
90
8Neida Products (Engineering) Limited
90
9Bryken Limited
90
10Cavendish (Northern) Limited
90
424Tts Precision Engineering Ltd
78
How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

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 28/02/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£363k

Cash in the bank

Net Current Assets

£524k

Working capital

Current Assets

£1.2M

Current Liabilities

£688k

Fixed Assets

£2.8M

Debtors

£779k

19avg. employees

Tax at Year End

Corp tax£19k

Balance Sheet

Assets less current liabilities£3.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.76+£329k
20241.17+£263k
20232.30+£317k
20222.00+£190k
20211.70-£33k
20201.93—

Derived from filed accounts. Not audited figures.