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Precision Workwear Limited

07804101

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Cwg House, Gallamore Lane, Market Rasen, LN8 3HA
Incorporated 10/10/2011

Previously known as

Precision Sports & Workwear Limited · until 08/02/2018
Precision Sports (Lincs) Limited · until 14/01/2015

Compliance

Last accounts

31/10/2022

micro entity

Next accounts due

31/07/2024

Overdue

Confirmation statement

Last: 10/10/2023

Due 24/10/2024

Overdue

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Miss Laura Diane Bailey

director · Since 31/10/2011

EMBROIDERER/PRINTER

BRITISH · ENGLAND · Age 47

Also on 6 other boards

Laura Diane Bailey

director · Since 31/10/2011

British · England · Age 47

Former

Christopher Edward Alecock

director · Resigned 31/10/2011

Robert Kenneth Green

director · Resigned 15/05/2017

Christopher Edward Alecock

director · Resigned 06/07/2021

Persons with Significant Control

Miss Laura Diane Bailey

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

British · England · Age 47

19, High Street, Bourne, PE10 0NR

Notified 06/04/2016

Change History

statusactive
2026-08-22

Active - Proposal to Strike off

typeltd
2026-08-22

Private Limited Company

address line1Cwg House
2026-08-22

CWG HOUSE

post townMarket Rasen
2026-08-22

MARKET RASEN

officer appointedBAILEY, Laura Diane
2026-08-22

CompanyRankvs 2953+ SIC 47640 peers
53

Financial strength74th percentile among SIC peers · 19/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength19/25 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.

Liquidity6/20 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 compliance0/15 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 31/10/2022

Net Worth

£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£33k

Current Liabilities

£46k

Fixed Assets

£32k

4avg. employees

Balance Sheet

Assets less current liabilities£20k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20220.73-£4k
20210.98

Derived from filed accounts. Not audited figures.