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Precision Grinding Technologies Ltd

11612259

active
Private Limited Company
england wales
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

4 & 5 THE CEDARS APEX 12, COLCHESTER, CO7 7QR
Incorporated 09/10/2018

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 12/08/2025

Due 26/08/2026

On track

Industry

25620
Machining
70100
Activities of head offices

Officers

Mr Richard Martin Curtis

director · Since 09/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 1 other board

Mr Michael Guy Scarfe

director · Since 09/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Mrs Elizabeth Anne Scarfe

director · Since 07/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Scarfe Holdings Limited

75–100% shares
75–100% votes
Appoint directors

4 & 5 The Cedars, Apex 12, Colchester, CO7 7QR

Reg: 12083229 · Scarfe Holdings Limited · Limited Company

Notified 23/07/2019

Former PSCs

Mr Richard Martin Curtis

Ceased 30/03/2023

Mr Michael Guy Scarfe

Ceased 23/07/2019

Charges1 outstanding

Charge
outstanding

DOUGLAS CURTIS MACHINE TOOLS (COLCHESTER) LIMITED

Created 31/07/2019Registered 01/08/2019

CompanyRankvs 1668+ SIC 25620 peers
37

Financial strength85th percentile among SIC peers · 21/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0× · 2/20
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 strength21/25 pts

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

Employees1/15 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.

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

£11

Cash in the bank

Net Current Assets

-£182k

Working capital

Current Assets

£11

Current Liabilities

£182k

Fixed Assets

£1.8M

0avg. employees

Balance Sheet

Assets less current liabilities£1.6M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£180k
20240.00+£180k
20230.00+£180k
20220.00+£180k
20210.00+£188k
20200.00
20190.00

Derived from filed accounts. Not audited figures.