At Precision Ltd
11807606
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Paul Alan Hewitt
British · United Kingdom · Age 60
Ground Floor, Portland House, Newcastle Upon Tyne, NE1 8AP
Notified 01/02/2024
Former PSCs
Samuel Hewitt
Ceased 01/12/2021
Mr Paul Alan Hewitt
Ceased 04/02/2023
Mr Samuel Hewitt
Ceased 01/02/2024
CompanyRankvs 3692+ SIC 25990 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
£538k
Balance sheet strength
Cash
£0
Cash in the bank
Net Current Assets
£386k
Working capital
Current Assets
£899k
Current Liabilities
£513k
Fixed Assets
£207k
Debtors
£102k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.75 | +£8k |
| 2024 | 1.70 | +£138k |
| 2023 | 1.35 | — |
Derived from filed accounts. Not audited figures.