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Precision South West Limited

14105362

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

8 STOWEY PARK, BRISTOL, BS49 4JX
Incorporated 13/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Myles Tate Farrier

director · Since 13/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Myles Tate Farrier

50–75% shares
50–75% votes
Appoint directors

British · England · Age 36

20, South Road, Bristol, BS20 7DW

Notified 13/05/2022

Former PSCs

Kred Holdings Ltd

Ceased 10/02/2023

CompanyRankvs 49205+ SIC 41100 peers
47

Financial strength8th percentile among SIC peers · 2/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.81× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 pts

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

Liquidity16/20 pts

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

Longevity4/15 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 31/05/2025

Net Worth

-£56k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£45k

Current Liabilities

£25k

Fixed Assets

£8k

2avg. employees

Balance Sheet

Assets less current liabilities£28k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.81+£0
20251.81
20243.35
20230.64

Derived from filed accounts. Not audited figures.