Precision Metal Forming Ltd
07455154
Healthy
- Negative net worth (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 11/11/2025
Due 25/11/2026
Industry
Officers
director · Since 01/05/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 4 other boards
director · Since 29/09/2023
MANAGER
BRITISH · ENGLAND · Age 57
Also on 2 other boards
Former
director · Resigned 20/07/2012
director · Resigned 01/05/2014
Persons with Significant Control
Mr Ian Wallbank
British · England · Age 56
Unit 14 Primrose Business Park, Primrose Road, Clitheroe, BB7 1DR
Notified 06/04/2016
Change History
Active
Private Limited Company
UNIT 9 ST LAWRENCE MILL
GREAT HARWOOD
CompanyRankvs 9818+ SIC 43290 peers61
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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.
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
-£804k
Balance sheet strength
Cash
£53k
Cash in the bank
Net Current Assets
£219k
Working capital
Current Assets
£622k
Current Liabilities
£403k
Fixed Assets
£119k
Debtors
£309k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.54 | -£193k |
| 2024 | 5.96 | -£446k |
| 2023 | 17.90 | — |
Derived from filed accounts. Not audited figures.