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Micro Precision Gear Technology Limited

08612199

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O COMPANY SECRETARIAL DEPARTMENT, LONDON, EC2M 4AG
Incorporated 16/07/2013

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/07/2025

Due 30/07/2026

On track

Industry

28150
Manufacture of bearings, gears, gearing and driving elements

Officers

Mr Mark Roderick Skilling

director · Since 01/12/2016

DIRECTOR OF OPERATIONS

BRITISH · UNITED KINGDOM · Age 58

Dr Stefan Greving

secretary · Since 19/12/2016

Brian Edward Tornga

director · Since 03/11/2025

BUSINESS EXECUTIVE

AMERICAN · UNITED STATES · Age 38

Persons with Significant Control

Rexnord Industries (Uk) Limited

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

Floor 31, 20 Fenchurch Street, London, EC3M 3AG

Reg: 07528607 · Companies House · Private Limited Company

Notified 06/04/2016

CompanyRankvs 14+ SIC 28150 peers
78

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.89× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

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

Going Concern Doubt

or ● the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The other information comprises the information in

Key FinancialsYear ending 31/03/2019

Turnover

£8.8M

Annual revenue

Net Worth

£17.3M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£10.8M

Working capital

Current Assets

£12.2M

Current Liabilities

£1.4M

Fixed Assets

£6.7M

Debtors

£9.3M

Cost of Sales

£3.8M

Gross Profit

£5.0M

Admin Expenses

£3.8M

Operating Profit

£1.2M

Profit After Tax

£1.3M

64avg. employees

Tax at Year End

Corp tax£89k
Dividends paid£4.7M

People Costs

Wages & salaries£2.6M
NI contributions£275k

Balance Sheet

Intangible assets£5.1M
Assets less current liabilities£17.5M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20198.89

Derived from filed accounts. Not audited figures.