# PRECISION HEATING (NI) LTD (NI050093)

> PRECISION HEATING (NI) LTD is an active private limited company (company number NI050093) incorporated on 30 March 2004, registered in Banbridge. Its registered activity is retail sale of hardware, paints and glass in specialised stores (SIC 47520). Latest small accounts cover the period ending 31 July 2025, showing net assets of £24k and cash of £30k, with 5 employees on average. Net assets fell 40% on the prior period (£40k).

- Status: Active
- Incorporated: 2004-03-30
- Registered office: Banbridge, BT32 3QN
- SIC 47520: Retail sale of hardware, paints and glass in specialised stores
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-04-13
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 83 comparable companies in Belfast (median £39k, upper quartile £369k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £24k | £30k | — | £262k | — | — | 5 |
| 2024-07-31 | £40k | £278k | — | £462k | — | — | 5 |

current ratio 0.43; size band micro.

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

- Net assets above zero: Net assets £24,428 at 31 July 2025
- Net assets down 25% or more on the prior period: -39.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.43
- Incorporated five or more years ago: Incorporated 30 March 2004

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

## Persons with significant control

- The Mccall Discretionary Trust (corporate-entity) — owns 25–50% of shares, since 2016-04-06
- Mr Nicholas Bassett — owns 50–75% 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/NI050093
HTML: https://firmoscan.com/company/NI050093-precision-heating-ni-ltd