Exquisite Precision Engineering Ltd
11854323
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/01/2021
ELECTRICAL ENGINEER
BRITISH · ENGLAND · Age 36
Persons with Significant Control
Miss Tanya Elsie Jane Chalmers
British · England · Age 36
C/O Voila Accounting, Castle Court, 1 Castle Street, Fareham, PO16 9QD
Notified 01/01/2021
Former PSCs
Mr James Edward Waldie
Ceased 08/07/2020
Mr Jonathan Wimbleton
Ceased 31/01/2021
Mr Jay Cannon
Ceased 08/07/2020
CompanyRankvs 12771+ SIC 32990 peers21
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The accounts have been prepared on a going concern basis as the director has not identified any material uncertainties related to events or conditions that may cast significan
Key FinancialsYear ending 31/03/2025
Net Worth
-£47k
Balance sheet strength
Cash
£104
Cash in the bank
Net Current Assets
-£32k
Working capital
Current Assets
£104
Current Liabilities
£32k
Fixed Assets
£28k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | +£0 |
| 2025 | 0.00 | -£41k |
| 2024 | 1.27 | +£1k |
| 2023 | 1.29 | — |
Derived from filed accounts. Not audited figures.