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Jace Precision Engineering Limited

12127427

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

47 FANSHAW ROAD, DRONFIELD, S18 2LA
Incorporated 29/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Joel Adam Charlesworth

director · Since 29/07/2019

ENGINEER

ENGLISH · ENGLAND · Age 36

Persons with Significant Control

Mr Joel Adam Charlesworth

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

English · England · Age 36

47, Fanshaw Road, Dronfield, S18 2LA

Notified 29/07/2019

CompanyRankvs 2116+ SIC 25620 peers
30

Financial strength6th percentile among SIC peers · 2/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees4/15 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.

Longevity7/15 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 31/08/2025

Net Worth

-£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£11k

Current Liabilities

£27k

Fixed Assets

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£10k
Signed by Mr Joel Charlesworth 13 July 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41+£9k
20240.33-£5k
20230.43

Derived from filed accounts. Not audited figures.