Challenge Precision Engineering Limited
13357291
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Philip Malcolm Woods
British · England · Age 66
10, Pyle Street, Newport, PO30 1JW
Notified 26/04/2021
Mrs Nicola Marguerite Woods
British · England · Age 65
10, Pyle Street, Newport, PO30 1JW
Notified 01/11/2021
CompanyRankvs 7625+ SIC 71129 peers62
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£59k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£15k
Working capital
Current Assets
£44k
Current Liabilities
£30k
Fixed Assets
£45k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.49 | -£22k |
| 2024 | 1.29 | -£62k |
| 2023 | 1.60 | — |
Derived from filed accounts. Not audited figures.