Precision Cutting Tools Limited
09781699
Some Concerns
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Steven James Strickland
British · England · Age 45
Unit 5, Fell Road, Sheffield, S9 2AL
Notified 16/09/2016
Mr Ian Michael Strickland
British · England · Age 55
Unit 5, Fell Road, Sheffield, S9 2AL
Notified 16/09/2016
Mr Steven James Strickland
British · England · Age 45
Unit 5, Fell Road, Sheffield, S9 2AL
Notified 19/09/2017
Mr Ian Michael Strickland
British · England · Age 55
Unit 5, Fell Road, Sheffield, S9 2AL
Notified 19/09/2017
CompanyRankvs 512+ SIC 25730 peers43
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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 31/10/2024
Net Worth
£297
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£37k
Working capital
Current Assets
—
Current Liabilities
-£43k
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2021 | +£3k |
| 2020 | -£14k |
| 2019 | +£6k |
Derived from filed accounts. Not audited figures.