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Westec Precision Ltd

09077868

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 6B, BRIDPORT, DT6 3EX
Incorporated 09/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr David Gordon Tattershall

director · Since 27/03/2015

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 18 other boards

Persons with Significant Control

Mrs Louise Tattershall

25–50% shares
25–50% votes

British · United Kingdom · Age 66

Wadebridge House 16 Wadebridge Square, Poundbury, Dorchester, DT1 3AQ

Notified 06/04/2016

Mr David Gordon Tattershall

25–50% shares
25–50% votes

British · England · Age 67

Unit 6b, St Andrews Trading Estate, Bridport, DT6 3EX

Notified 27/01/2019

Former PSCs

Chris Hall

Ceased 27/01/2019

CompanyRankvs 185960+ SIC 71129 peers
44

Financial strength6th percentile among SIC peers · 2/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity2/20 pts

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

Longevity12/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£43k

Current Liabilities

£86k

Fixed Assets

£61k

4avg. employees

Balance Sheet

Assets less current liabilities£22k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
20250.49+£0
20250.49-£6k
20240.82+£10k
20230.81-£4k
20220.89-£19k
20211.23-£10k
20200.76+£12k
20190.54-£15k
20180.85

Derived from filed accounts. Not audited figures.