Precision Tool Design Limited
10507578
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/12/2016
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 42
Also on 1 other board
Persons with Significant Control
Michael Andrew Thistlethwaite
British · England · Age 42
84, New Road, Holmfirth, HD9 3XY
Notified 02/12/2016
Mr Anthony Jon Farnworth
British · England · Age 47
Suite 5e, The Beehive, Lions Drive, Blackburn, BB1 2QS
Notified 18/07/2022
CompanyRankvs 4372+ SIC 71122 peers72
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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 31/12/2024
Net Worth
£43k
Balance sheet strength
Cash
£60k
Cash in the bank
Net Current Assets
£66k
Working capital
Current Assets
£164k
Current Liabilities
£98k
Fixed Assets
£96k
Debtors
£103k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.67 | -£114k |
| 2023 | 2.14 | +£51k |
| 2022 | 4.55 | +£74k |
| 2021 | 1.93 | -£11k |
| 2020 | 1.62 | -£31k |
| 2019 | 1.80 | +£12k |
| 2018 | 1.59 | — |
Derived from filed accounts. Not audited figures.