parker precision limited Company Information
Company Number
00638576
Next Accounts
Sep 2026
Directors
Shareholders
parker precision group limited
Group Structure
View All
Industry
Manufacture of air and spacecraft and related machinery
Registered Address
vulcan works, vulcan road, bilston, staffs, WV14 7HW
Website
www.parkerprecision.co.ukparker precision limited Estimated Valuation
Pomanda estimates the enterprise value of PARKER PRECISION LIMITED at £3.6m based on a Turnover of £4.2m and 0.87x industry multiple (adjusted for size and gross margin).
parker precision limited Estimated Valuation
Pomanda estimates the enterprise value of PARKER PRECISION LIMITED at £4.8m based on an EBITDA of £793.3k and a 6.01x industry multiple (adjusted for size and gross margin).
parker precision limited Estimated Valuation
Pomanda estimates the enterprise value of PARKER PRECISION LIMITED at £10.5m based on Net Assets of £3.6m and 2.87x industry multiple (adjusted for liquidity).
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Parker Precision Limited Overview
Parker Precision Limited is a live company located in bilston, WV14 7HW with a Companies House number of 00638576. It operates in the manufacture of air and spacecraft and related machinery sector, SIC Code 30300. Founded in October 1959, it's largest shareholder is parker precision group limited with a 100% stake. Parker Precision Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with healthy growth in recent years.
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Parker Precision Limited Health Check
Pomanda's financial health check has awarded Parker Precision Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs


3 Strong

3 Regular

6 Weak

Size
annual sales of £4.2m, make it smaller than the average company (£7.8m)
- Parker Precision Limited
£7.8m - Industry AVG

Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (0.2%)
- Parker Precision Limited
0.2% - Industry AVG

Production
with a gross margin of 40.8%, this company has a comparable cost of product (40.8%)
- Parker Precision Limited
40.8% - Industry AVG

Profitability
an operating margin of 13.8% make it less profitable than the average company (23.7%)
- Parker Precision Limited
23.7% - Industry AVG

Employees
with 39 employees, this is below the industry average (106)
39 - Parker Precision Limited
106 - Industry AVG

Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Parker Precision Limited
£53.6k - Industry AVG

Efficiency
resulting in sales per employee of £107k, this is less efficient (£194.4k)
- Parker Precision Limited
£194.4k - Industry AVG

Debtor Days
it gets paid by customers after 64 days, this is later than average (47 days)
- Parker Precision Limited
47 days - Industry AVG

Creditor Days
its suppliers are paid after 24 days, this is quicker than average (49 days)
- Parker Precision Limited
49 days - Industry AVG

Stock Days
it holds stock equivalent to 134 days, this is in line with average (114 days)
- Parker Precision Limited
114 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (5 weeks)
10 weeks - Parker Precision Limited
5 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 33%, this is a lower level of debt than the average (95.5%)
33% - Parker Precision Limited
95.5% - Industry AVG
PARKER PRECISION LIMITED financials

Parker Precision Limited's latest turnover from December 2024 is estimated at £4.2 million and the company has net assets of £3.6 million. According to their latest financial statements, Parker Precision Limited has 39 employees and maintains cash reserves of £145.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||||
Other Income Or Grants | ||||||||||||||||
Cost Of Sales | ||||||||||||||||
Gross Profit | ||||||||||||||||
Admin Expenses | ||||||||||||||||
Operating Profit | ||||||||||||||||
Interest Payable | ||||||||||||||||
Interest Receivable | ||||||||||||||||
Pre-Tax Profit | ||||||||||||||||
Tax | ||||||||||||||||
Profit After Tax | ||||||||||||||||
Dividends Paid | ||||||||||||||||
Retained Profit | ||||||||||||||||
Employee Costs | ||||||||||||||||
Number Of Employees | 39 | 39 | 38 | 29 | 26 | 31 | 31 | 31 | 26 | 25 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,589,122 | 3,126,550 | 3,145,982 | 3,300,014 | 2,728,715 | 1,967,307 | 1,905,518 | 1,698,144 | 1,662,566 | 1,798,103 | 1,733,121 | 1,443,392 | 1,197,708 | 1,174,809 | 1,089,086 | 1,188,355 |
Intangible Assets | ||||||||||||||||
Investments & Other | ||||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||||
Total Fixed Assets | 3,589,122 | 3,126,550 | 3,145,982 | 3,300,014 | 2,728,715 | 1,967,307 | 1,905,518 | 1,698,144 | 1,662,566 | 1,798,103 | 1,733,121 | 1,443,392 | 1,197,708 | 1,174,809 | 1,089,086 | 1,188,355 |
Stock & work in progress | 912,529 | 798,325 | 741,753 | 586,688 | 696,520 | 600,112 | 415,112 | 337,875 | 320,000 | 210,581 | 348,917 | 392,675 | 411,542 | 363,250 | 243,500 | 253,700 |
Trade Debtors | 738,591 | 826,453 | 730,481 | 580,481 | 132,698 | 478,124 | 894,466 | 562,409 | 591,125 | 631,450 | 425,853 | 426,064 | 305,661 | 282,788 | 272,035 | 217,856 |
Group Debtors | 1,341 | 986 | ||||||||||||||
Misc Debtors | 51,725 | 52,066 | 29,186 | 24,946 | 257,176 | 55,556 | 40,173 | 35,245 | 29,116 | |||||||
Cash | 145,106 | 164,343 | 165,165 | 326,385 | 810,650 | 1,242,604 | 1,349,599 | 1,461,665 | 1,496,390 | 1,632,403 | 1,618,305 | 1,741,526 | 1,672,391 | 1,370,601 | 1,069,634 | 1,000,662 |
misc current assets | ||||||||||||||||
total current assets | 1,849,292 | 1,842,173 | 1,666,585 | 1,518,500 | 1,897,044 | 2,376,396 | 2,731,406 | 2,402,122 | 2,442,760 | 2,503,550 | 2,393,075 | 2,560,265 | 2,389,594 | 2,016,639 | 1,585,169 | 1,472,218 |
total assets | 5,438,414 | 4,968,723 | 4,812,567 | 4,818,514 | 4,625,759 | 4,343,703 | 4,636,924 | 4,100,266 | 4,105,326 | 4,301,653 | 4,126,196 | 4,003,657 | 3,587,302 | 3,191,448 | 2,674,255 | 2,660,573 |
Bank overdraft | ||||||||||||||||
Bank loan | 182,792 | 188,103 | 181,935 | 168,180 | ||||||||||||
Trade Creditors | 167,104 | 87,947 | 85,585 | 148,874 | 54,164 | 111,942 | 472,841 | 92,318 | 118,801 | 106,766 | 188,767 | 439,903 | 372,425 | 506,859 | 313,276 | 231,567 |
Group/Directors Accounts | 20,000 | 88,449 | ||||||||||||||
other short term finances | 177,017 | |||||||||||||||
hp & lease commitments | 81,573 | 38,635 | 16,478 | 14,693 | 13,218 | |||||||||||
other current liabilities | 307,503 | 188,153 | 356,751 | 89,652 | 29,786 | 69,008 | 60,939 | 101,975 | 115,859 | |||||||
total current liabilities | 738,972 | 502,838 | 660,749 | 598,416 | 97,168 | 180,950 | 566,344 | 153,257 | 220,776 | 222,625 | 188,767 | 439,903 | 372,425 | 506,859 | 313,276 | 320,016 |
loans | 518,355 | 713,825 | 911,909 | 1,097,986 | 750,000 | |||||||||||
hp & lease commitments | 181,355 | 114,966 | 8,869 | 25,172 | 39,865 | |||||||||||
Accruals and Deferred Income | ||||||||||||||||
other liabilities | ||||||||||||||||
provisions | 357,215 | 366,025 | 240,513 | 110,306 | 158,233 | 259,074 | 222,122 | 223,134 | 239,989 | 206,488 | 175,734 | 100,416 | 159,944 | 155,568 | 166,297 | |
total long term liabilities | 1,056,925 | 1,194,816 | 1,161,291 | 1,233,464 | 948,098 | 259,074 | 241,129 | 222,122 | 223,134 | 239,989 | 206,488 | 175,734 | 100,416 | 159,944 | 155,568 | 166,297 |
total liabilities | 1,795,897 | 1,697,654 | 1,822,040 | 1,831,880 | 1,045,266 | 440,024 | 807,473 | 375,379 | 443,910 | 462,614 | 395,255 | 615,637 | 472,841 | 666,803 | 468,844 | 486,313 |
net assets | 3,642,517 | 3,271,069 | 2,990,527 | 2,986,634 | 3,580,493 | 3,903,679 | 3,829,451 | 3,724,887 | 3,661,416 | 3,839,039 | 3,730,941 | 3,388,020 | 3,114,461 | 2,524,645 | 2,205,411 | 2,174,260 |
total shareholders funds | 3,642,517 | 3,271,069 | 2,990,527 | 2,986,634 | 3,580,493 | 3,903,679 | 3,829,451 | 3,724,887 | 3,661,416 | 3,839,039 | 3,730,941 | 3,388,020 | 3,114,461 | 2,524,645 | 2,205,411 | 2,174,260 |
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||
Operating Profit | ||||||||||||||||
Depreciation | 217,648 | 224,271 | 233,797 | 232,455 | 202,370 | 214,013 | 173,167 | 183,972 | 184,436 | 171,732 | 133,716 | 115,283 | 115,737 | 112,864 | 103,518 | 116,743 |
Amortisation | ||||||||||||||||
Tax | ||||||||||||||||
Stock | 114,204 | 56,572 | 155,065 | -109,832 | 96,408 | 185,000 | 77,237 | 17,875 | 109,419 | -138,336 | -43,758 | -18,867 | 48,292 | 119,750 | -10,200 | 253,700 |
Debtors | -87,848 | 119,838 | 154,240 | 215,553 | -143,806 | -360,786 | 291,884 | -23,788 | -34,196 | 234,713 | -211 | 120,403 | 22,873 | 10,753 | 54,179 | 217,856 |
Creditors | 79,157 | 2,362 | -63,289 | 94,710 | -57,778 | -360,899 | 380,523 | -26,483 | 12,035 | -82,001 | -251,136 | 67,478 | -134,434 | 193,583 | 81,709 | 231,567 |
Accruals and Deferred Income | 119,350 | -168,598 | 267,099 | 59,866 | -39,222 | 69,008 | -60,939 | -41,036 | -13,884 | 115,859 | ||||||
Deferred Taxes & Provisions | -8,810 | 125,512 | 130,207 | -47,927 | -100,841 | 259,074 | -222,122 | -1,012 | -16,855 | 33,501 | 30,754 | 75,318 | -59,528 | 4,376 | -10,729 | 166,297 |
Cash flow from operations | ||||||||||||||||
Investing Activities | ||||||||||||||||
capital expenditure | ||||||||||||||||
Change in Investments | ||||||||||||||||
cash flow from investments | ||||||||||||||||
Financing Activities | ||||||||||||||||
Bank loans | -5,311 | 6,168 | 13,755 | 168,180 | ||||||||||||
Group/Directors Accounts | -20,000 | 20,000 | -88,449 | 88,449 | ||||||||||||
Other Short Term Loans | -177,017 | 177,017 | ||||||||||||||
Long term loans | -195,470 | -198,084 | -186,077 | 347,986 | 750,000 | |||||||||||
Hire Purchase and Lease Commitments | 109,327 | 128,254 | -14,518 | -13,218 | 53,083 | |||||||||||
other long term liabilities | ||||||||||||||||
share issue | ||||||||||||||||
interest | ||||||||||||||||
cash flow from financing | ||||||||||||||||
cash and cash equivalents | ||||||||||||||||
cash | -19,237 | -822 | -161,220 | -484,265 | -431,954 | -106,995 | -112,066 | -34,725 | -136,013 | 14,098 | -123,221 | 69,135 | 301,790 | 300,967 | 68,972 | 1,000,662 |
overdraft | ||||||||||||||||
change in cash | -19,237 | -822 | -161,220 | -484,265 | -431,954 | -106,995 | -112,066 | -34,725 | -136,013 | 14,098 | -123,221 | 69,135 | 301,790 | 300,967 | 68,972 | 1,000,662 |
parker precision limited Credit Report and Business Information
Parker Precision Limited Competitor Analysis

Perform a competitor analysis for parker precision limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WV14 area or any other competitors across 12 key performance metrics.
parker precision limited Ownership
PARKER PRECISION LIMITED group structure
Parker Precision Limited has no subsidiary companies.
Ultimate parent company
PARKER PRECISION LIMITED
00638576
parker precision limited directors
Parker Precision Limited currently has 1 director, Mr Marc Corns serving since Dec 2010.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Marc Corns | 51 years | Dec 2010 | - | Director |
P&L
December 2024turnover
4.2m
+1%
operating profit
575.7k
0%
gross margin
40.8%
+6.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2024net assets
3.6m
+0.11%
total assets
5.4m
+0.09%
cash
145.1k
-0.12%
net assets
Total assets minus all liabilities
parker precision limited company details
company number
00638576
Type
Private limited with Share Capital
industry
30300 - Manufacture of air and spacecraft and related machinery
incorporation date
October 1959
age
66
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2024
previous names
parker bros (precision engineers) limited (February 2000)
accountant
-
auditor
-
address
vulcan works, vulcan road, bilston, staffs, WV14 7HW
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
parker precision limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 12 charges/mortgages relating to parker precision limited. Currently there are 4 open charges and 8 have been satisfied in the past.
parker precision limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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parker precision limited Companies House Filings - See Documents
date | description | view/download |
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