TRUE PRECISION ENGINEERING LIMITED
Company number 03215374 · Active · Blaydon NE21 4SQ
TRUE PRECISION ENGINEERING LIMITED is an active private limited company (company number 03215374) incorporated on 24 June 1996, registered in Blaydon. Its registered activity is machining (SIC 25620). Latest small accounts cover the period ending 30 June 2025, showing net assets of £588k and cash of £409k, with 17 employees on average. Net assets rose 7% on the prior period (£547k).
By net assets it sits in the top quarter of 2,066 comparable companies in the UK (median £37k, upper quartile £322k).
Key dates
- Incorporated
- 24 June 1996
- Next accounts due
- 30 March 2027 — in 163 days
- Confirmation statement due
- 8 July 2027 — in 263 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 25620
- Machining
- Accounts type
- Total Exemption Full
- Size band
- Small (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 June 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 June 2025 | £588k | £409k | £294k | — | — | £148k | 17 |
| 30 June 2024 | £547k | £449k | £228k | — | — | — | 16 |
- Cash per employee
- £24k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 72/100 (grade B)
- +10 Positive net assets — Net assets £588,268 at 2025-06-30
- +4 Cash reserves — Cash £409,323
- +8 Established — Incorporated 1996-06-24 (30 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 Colin Musgrove — owns 50–75% of shares · since 6 July 2017
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 Newcastle
Same activity (machining), closest in incorporation date.
- 521 AUTOMATION ENGINEERING SERVICES LIMITED — Gateshead, inc. Jun 1996
- IMPRESS NORTH EAST LIMITED — Blaydon-On-Tyne, inc. Jan 1997
- PRECISION 2000 LIMITED — Gateshead, inc. Jan 1998
- BOYD TECHNOLOGIES ASHINGTON UK LIMITED — Ashington, inc. Jan 1998
- HE CONTRACTS LIMITED — Durham, inc. Mar 1998
- D W H ENGINEERING LIMITED — Hebburn, inc. Nov 1993
Reminders for TRUE PRECISION ENGINEERING LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.