PRECISION CUTTING LTD.
Company number 02887048 · Active · Heathfield TN21 0UJ
PRECISION CUTTING LTD. is an active private limited company (company number 02887048) incorporated on 12 January 1994, registered in Heathfield. Its registered activity is construction of utility projects for fluids (SIC 42210). Latest small accounts cover the period ending 31 October 2025, showing net assets of £137k and cash of £55k, with 12 employees on average. Net assets fell 12% on the prior period (£155k).
By net assets it sits in the upper half of 578 comparable companies in the UK (median £20k, upper quartile £140k).
Key dates
- Incorporated
- 12 January 1994
- Next accounts due
- 31 July 2027 — in 282 days
- Confirmation statement due
- 26 January 2027 — in 96 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 42210
- Construction of utility projects for fluids
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 October 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | £137k | £55k | — | £135k | — | — | 12 |
| 31 October 2024 | £155k | £162k | — | £117k | — | — | 12 |
- Current ratio
- 1.63 — comfortable
- Cash per employee
- £4,562
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 80/100 (grade A)
- +10 Positive net assets — Net assets £136,667 at 2025-10-31
- +8 Comfortable liquidity — Current ratio 1.63
- +4 Cash reserves — Cash £54,738
- +8 Established — Incorporated 1994-01-12 (33 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Liam James Hornby-Gray — owns 25–50% of shares; holds 25–50% of voting rights · since 1 November 2019
- Mr Joshua Finn Hornby-Gray — owns 25–50% of shares; holds 25–50% of voting rights · since 1 November 2019
- Mr John Eric Hornby — owns 50–75% of shares · since 6 April 2016 · ceased 1 November 2019
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Kent
Same activity (construction of utility projects for fluids), closest in incorporation date.
- SPEEDTRACE LIMITED — Bexhill On Sea, inc. Oct 1996
- EUROGEARS LTD — Aylesford, inc. Jul 1990
- J J MULLANE LTD — Canterbury, inc. Jul 2002
- ABS SOUTH EASTERN LIMITED — Maidstone, inc. Apr 2003
- ALS CIVIL ENGINEERS HOLDINGS LIMITED — Ramsgate, inc. Apr 2003
- CONANT ENGINEERING LIMITED — Hastings, inc. Aug 2003
All companies incorporated on 12 January 1994 · in Jan 1994.
Reminders for PRECISION CUTTING LTD.
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.