Back to search

Finetec Precision Engineering Ltd

11250796

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 17A, BRIDPORT, DT6 5BU
Incorporated 12/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production
71129
Other engineering activities

Officers

Mrs Rebecca Joy Jennings

secretary · Since 12/03/2018

Also on 1 other board

Mr Justin Marc Jennings

director · Since 12/03/2018

WORKSHOP DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mrs Rebecca Joy Jennings

director · Since 12/03/2018

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Justin Marc Jennings

25–50% shares
25–50% votes

British · England · Age 48

Unit 17a, Dreadnought Trading Estate, Bridport, DT6 5BU

Notified 12/03/2018

Mrs Rebecca Joy Jennings

25–50% shares
25–50% votes

British · England · Age 47

Unit 17a, Dreadnought Trading Estate, Bridport, DT6 5BU

Notified 12/03/2018

Charges1 outstanding

Charge
outstanding

GENER8 FINANCE

Created 08/03/2019Registered 08/03/2019

CompanyRankvs 3094+ SIC 71121 peers
49

Financial strength77th percentile among SIC peers · 19/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength19/25 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.

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.

Longevity9/15 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 31/03/2025

Net Worth

£44k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£86k

Working capital

Current Assets

£76k

Current Liabilities

£164k

Fixed Assets

£295k

Debtors

£68k

6avg. employees

Balance Sheet

Intangible assets£15k
Assets less current liabilities£209k
Signed by 11250796 2024-04-01 2025-03-31 11250796 2025-03-31 11250796 bus:OrdinaryShareClass1 2025-03-31 11250796 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47-£10k
20240.66-£1k
20230.88

Derived from filed accounts. Not audited figures.