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Precision Material Handling Ltd

14639302

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

13 KELVIN PLACE, THETFORD, IP24 3RR
Incorporated 04/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22190
Manufacture of other rubber products
22290
Manufacture of other plastic products

Officers

Mr Thomas Peter Webster

director · Since 04/02/2023

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 39

Mr Oliver Fisher

director · Since 24/02/2023

CONVEYOR BELT ENGINEER

BRITISH · ENGLAND · Age 32

Mr Steven Andrew Pledger

director · Since 24/03/2023

MANAGING DIRECTOR

ENGLISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Thomas Peter Webster

25–50% shares

British · United Kingdom · Age 39

7, Norfolk Road, Thetford, IP24 2DB

Notified 04/02/2023

Mr Steven Andrew Pledger

25–50% shares

English · England · Age 51

13, Kelvin Place, Thetford, IP24 3RR

Notified 27/04/2023

Mr Oliver Fisher

25–50% shares

English · England · Age 32

13, Kelvin Place, Thetford, IP24 3RR

Notified 27/04/2023

CompanyRankvs 329+ SIC 22190 peers
54

Financial strength60th percentile among SIC peers · 15/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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329Precision Material Handling Ltd
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How is this score calculated?
Financial strength15/25 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.

Liquidity12/20 pts

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

Longevity3/15 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 28/02/2025

Net Worth

£158k

Balance sheet strength

Cash

£199k

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£415k

Current Liabilities

£347k

Fixed Assets

£183k

Debtors

£184k

5avg. employees+2

Balance Sheet

Assets less current liabilities£251k
Signed by Mr Thomas Webster 6 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.20+£43k
20241.24—

Derived from filed accounts. Not audited figures.