Precision Proco Group Ltd
12746789
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/07/2020
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 20 other boards
director · Since 31/08/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 17 other boards
director · Since 31/08/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 11 other boards
director · Since 01/04/2025
CHIEF TECHNOLOGY OFFICER
BRITISH · UNITED KINGDOM · Age 55
Also on 3 other boards
Persons with Significant Control
Precision Proco (Holdings) Limited
Unit 15 Thames Gateway Park, Chequers Lane, Dagenham, RM9 6FB
Reg: 15096985 · Companies House · Limited By Shares
Notified 08/12/2023
Former PSCs
Dominic Terence Neary
Ceased 31/08/2020
Mr Matthew Jonathan Bailey
Ceased 01/12/2023
Gary Ian Peeling
Ceased 01/12/2023
Simple Whc Ltd
Ceased 08/12/2023
Charges1 outstanding
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
CompanyRankvs 915+ SIC 18129 peers57
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer
Key FinancialsYear ending 31/03/2021
Net Worth
£676k
Balance sheet strength
Cash
£1.8M
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£2.1M
Current Liabilities
£250k
Debtors
£247k
Profit After Tax
£4.7M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 8.34 |
Derived from filed accounts. Not audited figures.