# NICEL PRECISION ENGINEERING LIMITED (03744976)

> NICEL PRECISION ENGINEERING LIMITED is an active private limited company (company number 03744976) incorporated on 1 April 1999, registered in Buckinghamshire. Its registered activity is other engineering activities (SIC 71129). Latest small accounts cover the period ending 31 October 2025, showing net assets of £327k and cash of £111k, with 12 employees on average. Net assets rose 35% on the prior period (£243k).

- Status: Active
- Incorporated: 1999-04-01
- Registered office: Buckinghamshire, MK16 8HJ
- SIC 71129: Other engineering activities
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-04-15
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 181 comparable companies in Milton Keynes (median £4,062, upper quartile £42k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £327k | £111k | — | £474k | — | — | 12 |
| 2024-10-31 | £243k | £117k | — | £467k | — | — | 13 |

current ratio 0.62; size band micro.

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

- Net assets above zero: Net assets £326,876 at 31 October 2025
- Net assets up 10% or more on the prior period: +34.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.62
- Cash at bank of £50,000 or more: Cash £111,400
- Incorporated five or more years ago: Incorporated 1 April 1999

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

## Persons with significant control

- Mr Kevin Trevor Banks — owns 75–100% of shares; holds 75–100% of voting rights, 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/03744976
HTML: https://firmoscan.com/company/03744976-nicel-precision-engineering-limited