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Automotive Precision Engineering Limited

12143071

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 2 24 BAYTON ROAD, COVENTRY, CV7 9EJ
Incorporated 07/08/2019

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 06/08/2025

Due 20/08/2026

On track

Industry

25940
Manufacture of fasteners and screw machine products

Officers

Mr David Norman Gelling

director · Since 07/08/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Samantha Jane Kearney

secretary · Since 28/07/2020

Persons with Significant Control

Mr David Norman Gelling

25–50% shares
25–50% votes
Appoint directors

British · England · Age 53

Unit 2, 24 Bayton Road, Coventry, CV7 9EJ

Notified 07/08/2019

Former PSCs

Mr John Stephen Dick

Ceased 07/08/2019

Charges1 outstanding

Charge
satisfied

FREEWAY LIMITED

Created 23/06/2020Registered 24/06/2020Satisfied 18/05/2023
Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 21/08/2019Registered 22/08/2019

CompanyRankvs 129+ SIC 25940 peers
50

Financial strength56th percentile among SIC peers · 14/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 pts

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

Employees12/15 pts

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

Liquidity12/20 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.

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 31/08/2024

Net Worth

£86k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£459k

Current Liabilities

£444k

Fixed Assets

£147k

Debtors

£354k

13avg. employees+3

Balance Sheet

Intangible assets£12k
Bank loans & overdrafts£27k
Assets less current liabilities£162k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03+£42k
20231.05-£33k
20221.11+£10k
20211.10+£43k
20201.00

Derived from filed accounts. Not audited figures.