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North Precision Engineering Limited

15938081

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

C/O STEM ACCOUNTANTS LIMITED, OFFICE 1, THE HIVE, GRIMSBY, DN31 1EP
Incorporated 05/09/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33110
Repair of fabricated metal products
71129
Other engineering activities

Officers

Mrs Amy Elizabeth North

director · Since 05/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Mr Thomas Richard North

director · Since 05/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Thomas Richard North

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

British · England · Age 46

C/O Stem Accountants Limited,, Office 1, The Hive, Grimsby, DN31 1EP

Notified 05/09/2024

Mrs Amy Elizabeth North

25–50% shares
25–50% votes

British · United Kingdom · Age 41

C/O Stem Accountants Limited,, Office 1, The Hive, Grimsby, DN31 1EP

Notified 05/09/2024

CompanyRankvs 984+ SIC 33110 peers
35

Financial strength32th percentile among SIC peers · 8/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.92× · 6/20
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 strength8/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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 30/09/2025

Net Worth

£101

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£22k

Current Liabilities

£23k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£869
Signed by Mr Thomas North 4th November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.92

Derived from filed accounts. Not audited figures.