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Expert Precision Engineering Ltd

11176779

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 7A BENTON BUSINESS PARK BELLWAY INDUSTRIAL ESTATE, NEWCASTLE UPON TYNE, NE12 9SW
Incorporated 30/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining
28290
28290

Officers

Mr Martin Stokoe

director · Since 30/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Mr Michael Alexander Thompson

director · Since 30/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Stephen Malcolm Hornby

director · Since 28/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Martin Stokoe

25–50% shares
25–50% votes

British · England · Age 48

Unit 7a Benton Business Park, Bellway Industrial Estate, Newcastle Upon Tyne, NE12 9SW

Notified 30/01/2018

Mr Michael Alexander Thompson

25–50% shares
25–50% votes

British · England · Age 43

Unit 7a Benton Business Park, Bellway Industrial Estate, Newcastle Upon Tyne, NE12 9SW

Notified 30/01/2018

Mr Stephen Malcolm Hornby

25–50% shares
25–50% votes

British · England · Age 52

Unit 7a Benton Business Park, Bellway Industrial Estate, Newcastle Upon Tyne, NE12 9SW

Notified 30/01/2018

Charges1 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 01/02/2019Registered 01/02/2019

CompanyRankvs 1579+ SIC 25620 peers
43

Financial strength38th percentile among SIC peers · 10/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1579Expert Precision Engineering Ltd
49
How is this score calculated?
Financial strength10/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

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

Longevity8/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£14k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£194k

Working capital

Current Assets

£511k

Current Liabilities

£705k

Fixed Assets

£606k

Debtors

£379k

32avg. employees+4

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£412k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.73+£34k
20240.65+£55k
20230.56+£87k
20220.54+£54k
20210.44-£236k
20200.68+£9k
20190.87—

Derived from filed accounts. Not audited figures.