# PRECISION AEROSPACE COMPONENT ENGINEERING LIMITED (02164508)

> PRECISION AEROSPACE COMPONENT ENGINEERING LIMITED is an active private limited company (company number 02164508) incorporated on 15 September 1987, registered in Braintree. Its registered activity is manufacture of other transport equipment n.e.c. (SIC 30990). Latest small accounts cover the period ending 31 March 2026, showing net assets of £3.42m and cash of £1.21m, with 50 employees on average. Net assets rose 31% on the prior period (£2.61m). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 1987-09-15
- Registered office: Braintree, CM7 2QJ
- SIC 30990: Manufacture of other transport equipment n.e.c.
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-09-29
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 567 comparable companies in the UK (median £12k, upper quartile £179k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £3.42m | £1.21m | £2.08m | £1.54m | — | — | 50 |
| 2025-03-31 | £2.61m | £17k | £2.45m | — | — | — | 50 |
| 2024-03-31 | £2.11m | £19k | £1.99m | — | — | — | 47 |

current ratio 2.91; net assets trend rising; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £3,423,613 at 31 March 2026
- Net assets up 10% or more on the prior period: +31.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.91
- Cash at bank of £50,000 or more: Cash £1,208,711
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 15 September 1987

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Ms Jean Platt — owns 25–50% of shares, since 2016-04-06
- Mr Richard James Mullan — has significant influence or control, since 2016-04-06
- Mr Ian Vincent Binns — has significant influence or control, since 2016-04-06
- Mr John Green — owns 25–50% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02164508
HTML: https://firmoscan.com/company/02164508-precision-aerospace-component-engineering-limited