Company Overview
Precision Welding Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 06 September 2002, so this is a well established company. Precision Welding Limited has been in business for 23 years and 7 months. The accounts status is total exemption full and the accounts are next due on Tuesday 30 June 2026.
Registered Address

Leigh Tenement Farm Unit 7B, Blackrod By-Pass, Blackrod, Bolton, BL8 5RS
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Companies House Data
Company NamePRECISION WELDING LIMITED
Company Number04528037
Registered Office AddressLeigh Tenement Farm Unit 7b
 Blackrod By-Pass
 BL8 5RS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date06/09/2002
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2026
Accounts Last Made Up Date30/09/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date04/10/2016
Returns Last Made Up Date06/09/2015
Directors & Members
Show Resigned
Marc Crowther - Director
(British, 38 years old, born December 1988)
Appointed 15 April 2017
Active
Carol Crowther - Director
(British, 67 years old, born October 1959)
Appointed 15 April 2017
Active
Michael Crowther - Director
(British, 66 years old, born March 1960)
Appointed 06 September 2002
Active
Secretaries
Show Resigned
Carol Crowther - Secretary
(British)
Appointed 06 September 2002
Active
Other Company Directorships
Marc Crowther
No companies found
Carol Crowther
No companies found
Michael Crowther
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2023 30-Sep-2022
Balance Sheet
Fixed Assets 20,139 20,139 17,602
Current Assets 95,533 95,533 37,430
Creditors Due Within One Year 88,580 88,580 28,596
Working Cap 6,953 6,953 8,834
Total Assets Less Current Liabilities 27,092 27,092 26,436
Long-term Liabilities 13,067 13,067 26,319
Net Assets 14,025 14,025 117
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 14,025 14,025 117
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2023 30-Sep-2022
Tangible Fixed Assets - - -
Fixed Assets 17.4% 17.4% 32.0%
Stocks Inventory - - -
Debtors 45.8% 45.8% 30.6%
Cash Bank In Hand 31.7% 31.7% 27.8%
Current Assets 82.6% 82.6% 68.0%
Creditors Due Within One Year 76.6% 76.6% 52.0%
Net Current Assets Liabilities 6.0% 6.0% 16.1%
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 12.1% 12.1% 0.2%
Capital Employed - - -
Total Assets Less Current Liabilities 23.4% 23.4% 48.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2023 30-Sep-2022
Liquidity Ratio 1.1 1.1 1.3
Solvency Ratio 1.1 1.1 1.0
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-Sep-2024 30-Sep-2023 30-Sep-2022
Assets 115,672 115,672 55,032
Debt 101,647 101,647 54,915
Net Assets/Debt 14,025 14,025 117

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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

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 BL8 5RS
No other companies found in the same location
Document Filings
Change of details for Mr Michael Robert Crowther as a person with significant control on 8 January 2026
Director's details changed for Mr Michael Robert Crowther on 8 January 2026
Director's details changed for Mr Marc Crowther on 8 January 2026
Director's details changed for Mrs Carol Anne Crowther on 8 January 2026
Secretary's details changed for Carol Anne Crowther on 8 January 2026
Change of details for Mr Michael Robert Crowther as a person with significant control on 8 January 2026
Change of details for Mr Marc Crowther as a person with significant control on 8 January 2026
Change of details for Mrs Carol Anne Crowther as a person with significant control on 8 January 2026
Registered office address changed from Leigh Tenement Farm Unit 7B Blackrod by-Pass Blackrod, Bolton BL8 5RS England to 18 Lymbridge Drive Blackrod Bolton Lancashire BL6 5TJ on 8 January 2026
Confirmation statement made on 6 September 2025 with no updates
Director's details changed for Mr Michael Robert Crowther on 5 September 2025
Confirmation statement made on 6 September 2024 with no updates
Director's details changed for Mr Marc Crowther on 18 January 2024
Director's details changed for Mrs Carol Anne Crowther on 18 January 2024
Registered office address changed from Unit 15 Pearlbrook Industrial Estate, Chorley New Road Horwich Bolton BL6 5PX to Leigh Tenement Farm Unit 7B Blackrod by-Pass Blackrod, Bolton BL8 5RS on 18 January 2024
Confirmation statement made on 6 September 2023 with no updates
Confirmation statement made on 6 September 2022 with no updates
Confirmation statement made on 6 September 2021 with no updates
Confirmation statement made on 6 September 2020 with no updates

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