−£265
−362%vs Mar 2024Active05353943Private limited companyStevenage
PATERSON PRECISION ENGINEERING LIMITED
Significant control: Balbir Singh Randhawa (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Paterson Precision Engineering Limited sell?
Registered activity: Machining (SIC 25620). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
PATERSON PRECISION ENGINEERING LIMITED is an active private limited company (company number 05353943) incorporated on 5 February 2005, registered in Stevenage. Its registered activity is machining (SIC 25620). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£265 and cash of £13k, with 0 employees on average. Net assets fell 362% on the prior period (£101).
Peer position · net assets
By net assets it sits in the bottom quarter of 2,066 comparable companies in the UK (median £37k, upper quartile £322k).
02
Ownership and control
- Mr Balbir Singh Randhawa
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 5 February 200521 yrs ago
- Next accounts due
- 31 December 2026in 68 days
- Confirmation statement due
- 19 February 2027in 118 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 25620
- Machining
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£13k
+238%vs Mar 2024Not reported
0
vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£265 | £13k | £11k | £14k | — | — | 0 |
| 31 March 2024 | £101 | £3,774 | £23k | £15k | — | — | 0 |
Current ratio1.65Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-265 at 31 March 2025
- Net assets down 25% or more on the prior period-362.4% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 1.65
- Incorporated five or more years agoIncorporated 5 February 2005
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 118 days
- Next accounts duein 68 days
- Accounts period endNet liabilities £265 · small accounts
- Accounts period endNet assets £101 · small accounts
- Incorporated
08
Similar companies in Hertfordshire
- TIVA ENGINEERING LIMITEDSt Albans · inc. Dec 2004
- EAZYTEC PRECISION LIMITEDLetchworth Garden City · inc. Jul 2006
- HSM AERO LIMITEDLetchworth Garden City · inc. Jun 2003
- ACCORD ENGINEERING LIMITEDStevenage · inc. Apr 2003
- SUPERVERVE SOLUTIONS LIMITEDHerts · inc. Feb 2007
- AVON ENGINEERING & HYDRAULICS LIMITEDBuntingford · inc. Oct 2002
All companies incorporated on 5 February 2005 · in Feb 2005.
09
Reminders for PATERSON PRECISION ENGINEERING LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.