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Precision Investment Castings Limited

08415015

active
ltd
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

South Side Davenport Lane, Broadheath, Altrincham, WA14 5DS
Incorporated 22/02/2013

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 22/02/2026

Due 08/03/2027

On track

Industry

24520
Casting of steel

Officers

Mr David John Farncombe

director · Since 06/04/2013

SALES DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Daniel Phillip Haigh

director · Since 14/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Mr Andrew Stuart Buxton

director · Since 18/08/2025

ACCOUNTANT

BRITISH · WALES · Age 56

Also on 3 other boards

David John Farncombe

director · Since 06/04/2013

British · England · Age 54

Daniel Phillip Haigh

director · Since 14/12/2018

British · England · Age 50

Andrew Stuart Buxton

director · Since 18/08/2025

British · Wales · Age 56

Former

Gateley Incorporations Limited

corporate director · Resigned 22/02/2013

Gateley Secretaries Limited

corporate secretary · Resigned 22/02/2013

Michael James Ward

director · Resigned 22/02/2013

Jonathan Paul Badrock

director · Resigned 29/09/2014

Neil Shaw

director · Resigned 13/03/2018

Ian Charles Taylor

director · Resigned 14/12/2018

Malcolm Ian Robertson

director · Resigned 14/12/2018

Brian Mills

director · Resigned 14/12/2018

Paul Andrew Clarkson

director · Resigned 28/04/2023

Robert Howard Fairclough

director · Resigned 22/04/2025

Neil Timothy Harrison

director · Resigned 18/08/2025

Persons with Significant Control

Erlson Precision Holdings Limited

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

5, The Courtyard, Timothys Bridge Road, Stratford-Upon-Avon, CV37 9NP

Reg: 07198322 · England And Wales Companies Registry · Private Company Limited By Shares

Notified 14/12/2018

Former PSCs

Viama Ltd

Ceased 14/12/2018

Charges3 outstanding

Charge
outstanding

PRAETURA COMMERCIAL FINANCE LIMITED

Created 20/12/2023Registered 21/12/2023
Charge
outstanding

PRAETURA COMMERCIAL FINANCE LIMITED

Created 13/11/2019Registered 13/11/2019
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 14/12/2018Registered 21/12/2018
Charge
satisfied

LLOYDS BANK PLC

Created 14/12/2018Registered 21/12/2018Satisfied 24/01/2022

Change History

officer appointedBUXTON, Andrew Stuart
2026-08-12
officer appointedFARNCOMBE, David John
2026-08-12
officer appointedHAIGH, Daniel Phillip
2026-08-12
statusactive
2026-08-12

Active

typeltd
2026-08-12

Private Limited Company

address line1South Side Davenport Lane
2026-08-12

SOUTH SIDE DAVENPORT LANE

post townAltrincham
2026-08-12

ALTRINCHAM

CompanyRankvs 83+ SIC 24520 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

Longevity14/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company ’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/03/2025

Turnover

£5.7M

Annual revenue

Net Worth

-£1.3M

Balance sheet strength

Cash

£4k

Cash in the bank

Profit Before Tax

-£1.1M

Bottom line earnings

Net Current Assets

-£1.5M

Working capital

Current Assets

£4.2M

Current Liabilities

£5.7M

Fixed Assets

£232k

Debtors

£2.2M

Cost of Sales

£6.1M

Gross Profit

-£371k

Admin Expenses

£608k

Operating Profit

-£1.0M

Profit After Tax

-£664k

67avg. employees

Balance Sheet

Intangible assets£9k
Bank loans & overdrafts£6k
Assets less current liabilities-£1.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.74+£0
20250.74

Derived from filed accounts. Not audited figures.