George Lee Precision Engineering Ltd
13389789
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/07/2022
DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 4 other boards
Persons with Significant Control
Millvale Engineering Limited
Millvale House, Dudbridge Road, Stroud, GL5 3HF
Reg: 03811760 · England And Wales · Private Limited Company
Notified 28/07/2022
Former PSCs
Mr Lee Bennett
Ceased 28/07/2022
Mr Sudaish Lal
Ceased 28/07/2022
CompanyRankvs 19560+ SIC 28990 peers33
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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 31/12/2024
Net Worth
-£59k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
-£96k
Working capital
Current Assets
£26k
Current Liabilities
£122k
Fixed Assets
£50k
Debtors
£9k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.21 | +£2k |
| 2023 | 0.42 | +£10k |
| 2022 | 0.41 | — |
| 2022 | 1.26 | — |
Derived from filed accounts. Not audited figures.