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Precision Automotive Services Ltd

15786747

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

Staffordshire Knot, Pinfold Street, Wednesbury, WS10 8TE
Incorporated 18/06/2024

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/05/2026

Due 09/06/2027

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Jordan Powar

director · Since 18/06/2024

British · England · Age 32

Sanjeev Powar

director · Since 18/06/2024

British · England · Age 42

Merlin Business Services Uk Ltd

corporate secretary · Since 01/04/2026

Reg: 5951600

Persons with Significant Control

Mr Jordan Powar

25–50% shares
25–50% votes
Appoint directors

British · England · Age 32

Staffordshire Knot, Pinfold Street, Wednesbury, WS10 8TE

Notified 18/06/2024

Mr Sanjeev Powar

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

Staffordshire Knot, Pinfold Street, Wednesbury, WS10 8TE

Notified 18/06/2024

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1Staffordshire Knot
2026-06-09

UNIT 2

post townWednesbury
2026-06-09

WALSALL

postcodeWS10 8TE
2026-06-09

WS2 7QZ

officer appointedMERLIN BUSINESS SERVICES UK LTD
2026-06-09
officer appointedPOWAR, Jordan
2026-06-09
officer appointedPOWAR, Sanjeev
2026-06-09

CompanyRankvs 20813+ SIC 45112 peers
31

Financial strength8th percentile among SIC peers · 2/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity2 years trading (max 15) · 2/15
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.

Liquidity2/20 pts

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

Longevity2/15 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 30/06/2025

Turnover

£80k

Annual revenue

Net Worth

-£28k

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£28k

Bottom line earnings

Net Current Assets

-£28k

Working capital

Current Assets

£11k

Current Liabilities

£39k

Cost of Sales

£77k

Gross Profit

£3k

Admin Expenses

£31k

Profit After Tax

-£28k

2avg. employees

Balance Sheet

Assets less current liabilities-£28k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.29

Derived from filed accounts. Not audited figures.