Company Overview
Precise Specifications Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 28 July 1997, so this is a well established company. Precise Specifications Limited has been in business for 28 years and 8 months. The accounts status is total exemption full and the accounts are next due on Saturday 31 January 2026.
Registered Address

Azets, Ventura Park Road, Tamworth, B78 3HL
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Companies House Data
Company NamePRECISE SPECIFICATIONS LIMITED
Company Number03410606
Registered Office AddressAzets
 Ventura Park Road
 B78 3HL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date28/07/1997
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date31/01/2027
Accounts Last Made Up Date30/04/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date25/08/2016
Returns Last Made Up Date28/07/2015
Directors & Members
Show Resigned
Laurence Joyce - Director
(British, 78 years old, born October 1948)
Appointed 20 November 2013
 Active
Patricia Joyce - Director
(British, 78 years old, born July 1948)
Appointed 20 November 2013
 Active
Secretaries
Show Resigned
Other Company Directorships
Laurence Joyce
ABG CONSTRUCTION & MINERAL TOOLS LIMITED
KIMBER DROP FORGINGS LIMITED
KIMBERMILLS INTERNATIONAL LIMITED
KIMBERMILLS LIMITED
MILLS FORGINGS LIMITED
TARONT LIMITED
Patricia Joyce
PAJ MANAGEMENT SERVICES LTD.
Balance Sheet Unlock full report
Accounts Date 30-Apr-2025 30-Apr-2023 30-Apr-2022
Balance Sheet
Fixed Assets 222,928 222,928 195,674
Current Assets 337,839 337,839 280,059
Creditors Due Within One Year 121,117 121,117 111,623
Working Cap 216,722 216,722 168,436
Total Assets Less Current Liabilities 439,650 439,650 364,110
Long-term Liabilities 2,449 2,449 1,992
Net Assets 437,201 437,201 362,118
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 437,201 437,201 362,118
Common Size Financial Analysis Unlock full report
Accounts Date 30-Apr-2025 30-Apr-2023 30-Apr-2022
Tangible Fixed Assets - - -
Fixed Assets 39.8% 39.8% 41.1%
Stocks Inventory - - -
Debtors 0.0% 0.0% 2.3%
Cash Bank In Hand 60.2% 60.2% 56.6%
Current Assets 60.2% 60.2% 58.9%
Creditors Due Within One Year 21.6% 21.6% 23.5%
Net Current Assets Liabilities 38.6% 38.6% 35.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 78.0% 78.0% 76.1%
Capital Employed - - -
Total Assets Less Current Liabilities 78.4% 78.4% 76.5%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Apr-2025 30-Apr-2023 30-Apr-2022
Liquidity Ratio 2.8 2.8 2.5
Solvency Ratio 4.5 4.5 4.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Apr-2025 30-Apr-2023 30-Apr-2022
Assets 560,767 560,767 475,733
Debt 123,566 123,566 113,615
Net Assets/Debt 437,201 437,201 362,118

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
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Document Filings
Confirmation statement made on 21 December 2025 with updates
Registered office address changed from Azets Ventura Park Road Tamworth B78 3HL England to Kimbermills Gawne Lane Old Hill Cradley Heath West Midlands B64 5QZ on 13 February 2026
Confirmation statement made on 21 December 2024 with no updates
Resolutions
Statement of capital following an allotment of shares on 9 August 2024
Change of details for Mr Laurence Joyce as a person with significant control on 9 August 2024
Sub-division of shares on 9 August 2024
Resolutions
Confirmation statement made on 21 December 2023 with no updates
Director's details changed for Mrs Patricia Ann Joyce on 23 August 2023
Director's details changed for Mr Laurence Joyce on 23 August 2023
Confirmation statement made on 21 December 2022 with updates
Confirmation statement made on 4 September 2022 with no updates
Registered office address changed from Ventura House Ventura Park Road Tamworth Staffordshire B78 3HL to Azets Ventura Park Road Tamworth B78 3HL on 12 August 2022
Confirmation statement made on 4 September 2021 with no updates
Confirmation statement made on 4 September 2020 with no updates
Cessation of Patricia Ann Joyce as a person with significant control on 3 April 2019
Confirmation statement made on 4 September 2019 with updates
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