Precision Edm Ltd
07594378
Notable Risks
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2024
total exemption full
Next accounts due
31/12/2025
Confirmation statement
Last: 06/04/2025
Due 20/04/2026
Industry
Officers
director · Since 23/04/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 36
Also on 17 other boards
Persons with Significant Control
Forge Edm Group Ltd
Unit 2, Park Farm Industrial Estate, Westland Road, Leeds, LS11 5XA
Notified 23/04/2025
Former PSCs
Mr Antony James Sitek
Ceased 23/04/2025
Charges1 outstanding
BIBBY FINANCIAL SERVICES LIMITED
LLOYDS BANK COMMERCIAL FINANCE LTD
ANTHONY SITEK AS TRUSTEE OF SITEK PENSION SCHEME · MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF SITEK PENSION SCHEME
SKIPTON BUSINESS FINANCE LIMITED
Insolvency History1 case
Lee Morris (practitioner) · John Thompson (practitioner)
CompanyRankvs 1599+ SIC 25620 peers32
Show leaderboard
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
Outstanding charges: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2024
Net Worth
£139k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
-£130k
Working capital
Current Assets
£227k
Current Liabilities
£357k
Fixed Assets
£376k
Debtors
£160k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.64 | -£8k |
| 2023 | 0.73 | -£2k |
| 2022 | 0.91 | +£9k |
| 2021 | 0.51 | -£156k |
| 2020 | 0.84 | +£83k |
| 2019 | 1.25 | — |
Derived from filed accounts. Not audited figures.