# PRECISION PAINT LIMITED (06581860)

> PRECISION PAINT LIMITED is an active private limited company (company number 06581860) incorporated on 1 May 2008, registered in Cullompton. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £234, with 4 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 409% on the prior period (£46).

- Status: Active
- Incorporated: 2008-05-01
- Registered office: Cullompton, EX15 1AE
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-15
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 7,203 comparable companies in Other (median £4,498, upper quartile £47k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £234 | — | — | £61k | — | — | 4 |
| 2024-05-31 | £46 | — | — | £60k | — | — | 4 |

current ratio 0.96; size band micro.

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

- Net assets above zero: Net assets £234 at 31 May 2025
- Net assets up 10% or more on the prior period: +408.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.96
- Incorporated five or more years ago: Incorporated 1 May 2008

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

## Persons with significant control

- Mr Patrick James Lockton — owns 75–100% of shares, since 2017-05-01

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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/06581860
HTML: https://firmoscan.com/company/06581860-precision-paint-limited