Company Overview
Precision Engineering (Medway) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 25 July 1961, so this is a well established company. Precision Engineering (Medway) Limited has been in business for 64 years and 8 months. The accounts status is total exemption full and the accounts are next due on Monday 31 August 2026.
Registered Address

Unit D4 Bonham Drive, Eurolink Commercial Park, Sittingbourne, Kent, ME10 3RY
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NamePRECISION ENGINEERING (MEDWAY) LIMITED
Company Number00699299
Registered Office AddressUnit D4 Bonham Drive
 Eurolink Commercial Park
 ME10 3RY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date25/07/1961
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2026
Accounts Last Made Up Date30/11/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date28/01/2017
Returns Last Made Up Date31/12/2015
Directors & Members
Show Resigned
Stuart Melen - Director
(British, 65 years old, born October 1961)
Appointed 01 August 1997
 Active
Carl Poynter - Director
(British, 60 years old, born June 1966)
Appointed 01 March 2000
 Active
Secretaries
Show Resigned
Other Company Directorships
Stuart Melen
GROWSTEP LIMITED
PRECISION (HOLDINGS) LIMITED
PRECISION (POWDERS) LIMITED
Carl Poynter
PRECISION (POWDERS) LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2016 30-Nov-2015
Balance Sheet
Fixed Assets 60,189 60,189 75,451
Current Assets 1,987,737 1,987,737 2,005,536
Creditors Due Within One Year 851,927 851,927 934,763
Working Cap 1,135,810 1,135,810 1,070,773
Total Assets Less Current Liabilities 1,195,999 1,195,999 1,146,224
Long-term Liabilities 3,950 3,950 5,731
Net Assets 1,192,049 1,192,049 1,140,493
Share Capital & Reserves
Share Cap 316 316 316
Profit & Loss Reserves 1,191,725 1,191,725 1,140,169
Other Reserves 8 8 8
Shareholders Funds 1,192,049 1,192,049 1,140,493
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2016 30-Nov-2015
Tangible Fixed Assets 2.9% 2.9% 3.6%
Fixed Assets 2.9% 2.9% 3.6%
Stocks Inventory 55.1% 55.1% 44.9%
Debtors 25.3% 25.3% 19.1%
Cash Bank In Hand 16.6% 16.6% 32.3%
Current Assets 97.1% 97.1% 96.4%
Creditors Due Within One Year 41.6% 41.6% 44.9%
Net Current Assets Liabilities 55.5% 55.5% 51.5%
Creditors Due After One Year - - 0.3%
Accruals Deferred Income - - -
Provisions For Liabilities Charges 0.2% 0.2% 0.3%
Net Assets Liabilities Including Pension Asset Liability 58.2% 58.2% 54.8%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 58.2% 58.2% 54.8%
Shareholder Funds 58.2% 58.2% 54.8%
Capital Employed - - -
Total Assets Less Current Liabilities 58.4% 58.4% 55.1%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2016 30-Nov-2015
Liquidity Ratio 2.3 2.3 2.1
Solvency Ratio 2.4 2.4 2.2
Reserves to Assets 0.6 0.6 0.5
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2016 30-Nov-2015
Assets 2,047,926 2,047,926 2,080,987
Debt 855,877 855,877 940,494
Net Assets/Debt 1,192,049 1,192,049 1,140,493

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around ME10 3RY
BLOSSOMS (GROUP HOLDINGS) LIMITED
UNIT 15-16 EAVES COURT BONHAM DRIVE, EUROLINK INDUSTRIAL ESTATE, SITTINGBOURNE, KENT, ME10 3RY
BEAM INDUSTRIAL FASTENERS UK LIMITED
LAYFIELD FARM SHEPPEY WAY, BOBBING, SITTINGBOURNE, KENT, ME10 3RY
MAINSTREAM 1ST 4 STAFF LIMITED
Logika Limited Mainstream House, Bonham Drive, Sittingbourne, Kent, ME10 3RY
STRIVING TO SUCCEED COMMUNITY INTEREST COMPANY
15-16 Eaves Court, Bonham Drive, Sittingbourne, Kent, ME10 3RY
INDEPENDENT PAPER SOUTH LIMITED
PAPER MEWS BOURNCRETE HOUSE, BONHAM DRIVE, SITTINGBOURNE, KENT, ME10 3RY
CONSTANTIA SITTINGBOURNE LIMITED
EUROLINK COMMERCIAL PARK, BONHAM DRIVE, SITTINGBOURNE, KENT, ME10 3RY
PRECISION (HOLDINGS) LIMITED
Unit D4 Bonham Drive, Eurolink Commercial Park,, Sittingbourne, Kent, ME10 3RY
INTEGRATION ENVIRONMENTS LIMITED
Unit D3 Eurolink Commercial Park, Bonham Drive, Sittingbourne, Kent, ME10 3RY
CI3 ERIDGE LIMITED
UNIT D3, BONHAM DRIVE, EUROLINK COMMERCIAL PARK, SITTINGBOURNE, KENT, ME10 3RY
PROJECT SATURN 2023 LIMITED
Rose Cottage Maltmans Hill, Smarden, Ashford, Kent, ME10 3RY
Document Filings
Confirmation statement made on 31 December 2025 with no updates
Registered office address changed from Unit D4 Bonham Drive Eurolink Commercial Park Sittingbourne Kent ME10 3RY to Unit 3 Precision 2 Business Park Bingham Road Sittingbourne ME10 3TR on 22 October 2025
Termination of appointment of Terry Dennis Melen as a director on 14 February 2025
Confirmation statement made on 31 December 2024 with no updates
Confirmation statement made on 31 December 2023 with no updates
Confirmation statement made on 31 December 2022 with no updates
Termination of appointment of Dennis Arnold Melen as a director on 30 November 2022
Confirmation statement made on 31 December 2021 with no updates
Confirmation statement made on 31 December 2020 with no updates
Director's details changed for Carl Poynter on 15 April 2016
Director's details changed for Stuart John Melen on 24 September 2020
Registration of charge 006992990001, created on 13 September 2020
Termination of appointment of Simon Christopher Hesketh as a director on 10 March 2020
Termination of appointment of Richard Aitchison as a director on 10 March 2020
Confirmation statement made on 31 December 2019 with no updates
Confirmation statement made on 31 December 2018 with no updates
Appointment of Mr Simon Christopher Hesketh as a director on 8 May 2018
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free