# PRECISION METAL FORMING LTD (07455154)

> PRECISION METAL FORMING LTD is an active private limited company (company number 07455154) incorporated on 30 November 2010, registered in Great Harwood. Its registered activity is other construction installation (SIC 43290). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£804k and cash of £53k, with 41 employees on average. Net assets fell 32% on the prior period (−£611k).

- Status: Active
- Incorporated: 2010-11-30
- Registered office: Great Harwood, BB6 7NN
- SIC 43290: Other construction installation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-12-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 439 comparable companies in Lancashire (median £5,328, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£804k | £53k | — | £403k | — | — | 41 |
| 2024-03-31 | −£611k | £18k | — | £217k | — | — | 28 |

current ratio 1.54; size band micro.

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

- Net assets below zero: Net assets £-803,908 at 31 March 2025
- Net assets down 25% or more on the prior period: -31.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.54
- Cash at bank of £50,000 or more: Cash £52,516
- Incorporated five or more years ago: Incorporated 30 November 2010

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

## Persons with significant control

- Mr Ian Wallbank — 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/07455154
HTML: https://firmoscan.com/company/07455154-precision-metal-forming-ltd