Billet Precision Ltd
15518743
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/02/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 28
director · Since 24/02/2024
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 28
Persons with Significant Control
Mr William Timothy Philip Casey
British · England · Age 28
Unit 12 Avro Gate, Unit 12 Avro Gate, Broadmoor Road, Swindon, SN3 4AG
Notified 24/02/2024
Mr Ryan James Couling-King
British · England · Age 31
4, Jefferies Avenue, Swindon, SN2 7HJ
Notified 24/02/2024
Mr James Richard Lewington
British · United Kingdom · Age 28
58, East Wichel Way, Swindon, SN1 7AE
Notified 24/02/2024
CompanyRankvs 2172+ SIC 25620 peers30
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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 28/02/2025
Net Worth
-£14k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£15k
Working capital
Current Assets
£45k
Current Liabilities
£98k
Fixed Assets
£988
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.46 |
Derived from filed accounts. Not audited figures.