Precise Tax & Accountancy Limited
09018574
Some Concerns
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/03/2024
micro entity
Next accounts due
30/06/2026
Confirmation statement
Last: 30/04/2025
Due 14/05/2026
Industry
Officers
secretary · Since 30/04/2014
Persons with Significant Control
Mr Mohamed Faiz Mohamed Farook
Sri Lankan · England · Age 50
2, Fenwick Drive, Colchester, CO1 2TN
Notified 06/04/2016
Change History
Active
Private Limited Company
2 FENWICK DRIVE
COLCHESTER
CompanyRankvs 22854+ SIC 69201 peers45
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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 31/03/2024
Net Worth
£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£5k
Working capital
Current Assets
£16k
Current Liabilities
£11k
Fixed Assets
£18k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.41 | +£992 |
| 2023 | 0.97 | +£3k |
| 2022 | 1.99 | -£2k |
| 2021 | 2.42 | -£752 |
| 2020 | 1.39 | +£4k |
| 2019 | 1.79 | — |
Derived from filed accounts. Not audited figures.