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Lwc Precision Engineering Ltd

11351288

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PI HOUSE, GLOUCESTER, GL1 3NU
Incorporated 09/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Timothy Biddle

director · Since 09/05/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 11 other boards

Mr Richard William Schwedhelm

director · Since 09/05/2018

DIRECTOR

GERMAN · UNITED KINGDOM · Age 55

Also on 1 other board

Mr Matthew Whittington

director · Since 09/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Timothy Biddle

25–50% shares
25–50% votes

British · United Kingdom · Age 59

Pi House, 40a London Road, Gloucester, GL1 3NU

Notified 09/05/2018

Mr Richard William Schwedhelm

25–50% shares
25–50% votes

German · United Kingdom · Age 55

Pi House, 40a London Road, Gloucester, GL1 3NU

Notified 09/05/2018

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 02/02/2026Registered 03/02/2026
Charge
outstanding

LLOYDS BANK PLC

Created 28/01/2026Registered 28/01/2026

CompanyRankvs 1436+ SIC 71129 peers
71

Financial strength97th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.57× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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 31/07/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£415k

Fixed Assets

£47k

Debtors

£235k

5avg. employees+1

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.57+£461k
20242.53+£195k
20232.34+£136k
20222.19+£63k
20212.27-£17k
20202.67+£181k
20191.78

Derived from filed accounts. Not audited figures.