−£60k
vs Jun 2024Active11433754Private limited companyLeicester
PRECISION AUTO SOLUTIONS LTD
D35/10001
Summary
PRECISION AUTO SOLUTIONS LTD is an active private limited company (company number 11433754) incorporated on 26 June 2018, registered in Leicester. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest small accounts cover the period ending 30 June 2025, showing net assets of −£60k and cash of £3,481, with 1 employee on average. Net assets fell 18% on the prior period (−£50k).
Peer position · net assets
By net assets it sits in the bottom quarter of 677 comparable companies in Leicester (median £2,340, upper quartile £30k).
02
Key dates
- Incorporated
- 26 June 20188 yrs ago
- Next accounts due
- 30 March 2027in 159 days
- Confirmation statement due
- 10 July 2027in 261 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 45200
- Maintenance and repair of motor vehicles
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£3,481
No changevs Jun 2024Not reported
1
No changevs Jun 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 June 2025 | −£60k | £3,481 | — | £81k | — | — | 1 |
| 30 June 2024 | −£50k | £3,481 | — | £72k | — | — | 1 |
Current ratio0.04Current liabilities exceed current assets
Cash per employee£3,481Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
35 / 100 · grade D
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-59,626 at 2025-06-30 |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.04 |
| +8 | EstablishedIncorporated 2018-06-26 (8 years) |
| 35 | Score, grade D |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Simon Oliver Morris
- 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.
07
Timeline
- Confirmation statement duein 261 days
- Next accounts duein 159 days
- Accounts period endNet liabilities £60k · small accounts
- Accounts period endNet liabilities £50k · small accounts
- Incorporated
08
Similar companies in Leicester
- KBW SOUTH LTDLeicester · inc. Jun 2018
- DYNAMO DENTS LIMITEDLutterworth · inc. Jun 2018
- AP AUTOS LEICESTER LTDLeicester · inc. Jun 2018
- D&A CARS REPAIR LTDLeicester · inc. Jun 2018
- PK AUTOMOTIVE LEICESTER LTDLeicester · inc. Jun 2018
- DUBTREE VIBES LTDHamilton · inc. Jun 2018
All companies incorporated on 26 June 2018 · in Jun 2018.
09
Reminders for PRECISION AUTO SOLUTIONS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.