# PRECISION ACCOUNTANCY SOLUTIONS LTD (12703417)

> PRECISION ACCOUNTANCY SOLUTIONS LTD is an active private limited company (company number 12703417) incorporated on 29 June 2020, registered in Houghton Le Spring. Its registered activity is accounting and auditing activities (SIC 69201). Latest micro accounts cover the period ending 30 June 2025, showing net assets of £6,404, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets were unchanged on the prior period.

- Status: Active
- Incorporated: 2020-06-29
- Registered office: Houghton Le Spring, DH4 5DU
- SIC 69201: Accounting and auditing activities
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-07-13
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 434 comparable companies in Newcastle (median £7,390, upper quartile £39k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | £6,404 | — | — | £2,873 | — | — | 2 |
| 2024-06-30 | £6,408 | — | — | £2,927 | — | — | — |

current ratio 2.18; size band micro.

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

- Net assets above zero: Net assets £6,404 at 30 June 2025
- Current assets at least 1.5× creditors within one year: Current ratio 2.18
- Incorporated five or more years ago: Incorporated 29 June 2020

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

## Persons with significant control

- Mr David Anthony Parsons — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-06-29

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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/12703417
HTML: https://firmoscan.com/company/12703417-precision-accountancy-solutions-ltd