Company Overview
W & K Precision Engineering Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 11 June 2003, so this is a well established company. W & K Precision Engineering Limited has been in business for 22 years and 9 months. The accounts status is total exemption full and the accounts are next due on Thursday 30 April 2026.
Registered Address

Unit 37 Cranswick Industrial Estate, Beverley Road, Cranswick, Driffield, East Yorkshire, YO25 9QE
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Companies House Data
Company NameW & K PRECISION ENGINEERING LIMITED
Company Number04795055
Registered Office AddressUnit 37 Cranswick Industrial Estate, Beverley Road
 Cranswick
 YO25 9QE
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/06/2003
Accounting Reference Date Day30
Accounting Reference Date Month7
Accounts Next Due Date30/04/2026
Accounts Last Made Up Date31/07/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date09/07/2017
Returns Last Made Up Date11/06/2016
Directors & Members
Show Resigned
Steven Knaggs - Director
(British, 55 years old, born October 1971)
Appointed 11 June 2003
 Active
Lee Wade - Director
(British, 52 years old, born August 1974)
Appointed 11 June 2003
 Active
Secretaries
Show Resigned
Steven Knaggs - Secretary
(British)
Appointed 11 June 2003
 Active
Other Company Directorships
Steven Knaggs
No companies found
Lee Wade
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Jul-2024 30-Jul-2022 30-Jul-2021
Balance Sheet
Fixed Assets 172,858 172,858 214,941
Current Assets 510,822 510,822 439,073
Creditors Due Within One Year 440,499 440,499 408,513
Working Cap 70,323 70,323 30,560
Total Assets Less Current Liabilities 243,181 243,181 245,501
Long-term Liabilities 173,237 173,237 194,862
Net Assets 69,944 69,944 50,639
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 69,944 69,944 50,639
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2024 30-Jul-2022 30-Jul-2021
Tangible Fixed Assets - - -
Fixed Assets 25.3% 25.3% 32.9%
Stocks Inventory - - -
Debtors 36.3% 36.3% 46.5%
Cash Bank In Hand 4.8% 4.8% 2.3%
Current Assets 74.7% 74.7% 67.1%
Creditors Due Within One Year 64.4% 64.4% 62.5%
Net Current Assets Liabilities 10.3% 10.3% 4.7%
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 10.2% 10.2% 7.7%
Capital Employed - - -
Total Assets Less Current Liabilities 35.6% 35.6% 37.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2024 30-Jul-2022 30-Jul-2021
Liquidity Ratio 1.2 1.2 1.1
Solvency Ratio 1.1 1.1 1.1
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 31-Jul-2024 30-Jul-2022 30-Jul-2021
Assets 683,680 683,680 654,014
Debt 613,736 613,736 603,375
Net Assets/Debt 69,944 69,944 50,639

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
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Document Filings
Confirmation statement made on 11 June 2025 with no updates
Secretary's details changed for Mr. Steven Knaggs on 22 May 2025
Confirmation statement made on 11 June 2024 with no updates
Change of details for Mr. Steven Knaggs as a person with significant control on 13 May 2024
Change of details for Mr. Lee Wade as a person with significant control on 13 May 2024
Director's details changed for Lee Wade on 13 May 2024
Director's details changed for Steven Knaggs on 13 May 2024
Confirmation statement made on 11 June 2023 with no updates
Change of details for Mr. Steven Knaggs as a person with significant control on 12 June 2023
Director's details changed for Steven Knaggs on 12 June 2023
Resolutions
Confirmation statement made on 11 June 2022 with updates
Director's details changed for Lee Wade on 10 June 2022
Resolutions
Memorandum and Articles of Association
Statement of capital following an allotment of shares on 23 March 2022
Change of details for Mr. Lee Wade as a person with significant control on 14 June 2021
Confirmation statement made on 11 June 2021 with updates
Director's details changed for Lee Wade on 14 June 2021
Change of details for Mr. Lee Wade as a person with significant control on 14 June 2021
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