Precise Cut Limited
08780279
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 18/11/2013
director · Since 18/11/2013
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 64
Also on 5 other boards
Persons with Significant Control
Mr Garry John Wilson
British · United Kingdom · Age 64
4, Queensway Court, Gateshead, NE11 0NX
Notified 01/11/2016
Mrs Lesley Ann Wilson
British · United Kingdom · Age 60
4, Queensway Court, Gateshead, NE11 0NX
Notified 01/11/2016
CompanyRankvs 134+ SIC 17290 peers68
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Net Worth
£162k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£161k
Working capital
Current Assets
£171k
Current Liabilities
£10k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 17.24 | +£13k |
| 2023 | 9.36 | +£22k |
| 2022 | 9.34 | +£22k |
| 2021 | 4.59 | +£40k |
| 2020 | 10.63 | +£23k |
| 2019 | 333.45 | +£923 |
| 2018 | 93.78 | — |
Derived from filed accounts. Not audited figures.