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Precision Works Ltd

12983323

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

13 PITTS ROAD, SLOUGH, SL1 3XG
Incorporated 29/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Salman Azeem Buksh

director · Since 29/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 3 other boards

Samia Khalid Sheikh

director · Since 01/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Salman Azeem Buksh

25–50% shares

British · United Kingdom · Age 49

Office 7, Albion Close, Slough, SL2 5DT

Notified 29/10/2020

Mrs Samia Khalid Sheikh

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 42

Albion House, Albion Close, Slough, SL2 5DT

Notified 01/07/2024

Former PSCs

Aly Adam

Ceased 04/07/2024

Charges3 outstanding

Charge
outstanding

QUANTUM MORTGAGES LIMITED

Created 09/01/2026Registered 12/01/2026
Charge
satisfied

DAMA ESTATE LTD

Created 24/09/2025Registered 09/10/2025Satisfied 09/01/2026
Charge
satisfied

DAMA ESTATE LTD

Created 24/09/2025Registered 07/10/2025Satisfied 09/01/2026
Charge
outstanding

PARATUS AMC LIMITED

Created 23/08/2024Registered 12/09/2024
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 20/12/2021Registered 20/12/2021

CompanyRankvs 191649+ SIC 68209 peers
29

Financial strength51th percentile among SIC peers · 13/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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191649Precision Works Ltd
38
How is this score calculated?
Financial strength13/25 pts

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

Employees3/15 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.

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.

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 31/10/2024

Turnover

£13k

Annual revenue

Net Worth

£2k

Balance sheet strength

Cash

£153

Cash in the bank

Profit Before Tax

£1k

Bottom line earnings

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

£219k

Fixed Assets

£220k

Debtors

£1k

Cost of Sales

£12k

Gross Profit

£2k

Admin Expenses

£503

Operating Profit

£1k

Profit After Tax

£948

0avg. employees

Balance Sheet

Assets less current liabilities£222k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£1k
20230.01-£340
20220.01—

Derived from filed accounts. Not audited figures.