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Precision Sim Engineering Ltd

12812329

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

6 HEATHFIELD GATEWAY, MILTON KEYNES, MK12 6HP
Incorporated 14/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Simon Hodgson

director · Since 14/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Cherry Mcdaniel

director · Since 14/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Simon Hodgson

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

British · United Kingdom · Age 43

6, Heathfield Gateway, Milton Keynes, MK12 6HP

Notified 14/08/2020

CompanyRankvs 759+ SIC 29320 peers
57

Financial strength82th percentile among SIC peers · 21/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 31/08/2024

Net Worth

£112k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£78k

Current Liabilities

£110k

Fixed Assets

£235k

Debtors

£30k

2avg. employees

Tax at Year End

Corp tax£10k

Balance Sheet

Intangible assets£6k
Assets less current liabilities£203k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71-£8k
20230.83-£88k
20227.09

Derived from filed accounts. Not audited figures.