Back to search

Precision Painting & Decorating (Iow) Ltd

11380418

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

FERN COTTAGE, FRESHWATER, PO40 9HZ
Incorporated 24/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering
43341
Painting

Officers

Mr Wayne Jones

director · Since 24/05/2018

PAINTER

BRITISH · UNITED KINGDOM · Age 51

Mr Matthew Colin Mew

director · Since 24/05/2018

PAINTER

BRITISH · UNITED KINGDOM · Age 40

CompanyRankvs 3218+ SIC 43330 peers
63

Financial strength64th percentile among SIC peers · 16/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength16/25 pts

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

Employees8/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 31/05/2026

Net Worth

£15k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£34k

Current Liabilities

£19k

Fixed Assets

£962

Debtors

£7k

2avg. employees

Tax at Year End

VAT£3k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20261.75-£12k£56k
20251.78+£3k£110k
20243.24-£3k
20233.26+£14k
20223.44+£8k£55k
20213.62+£1k
20201.12

Derived from filed accounts. Not audited figures.