precision grinding technologies ltd
precision grinding technologies ltd Company Information
Company Number
11612259
Next Accounts
Apr 2026
Shareholders
scarfe holdings limited
Group Structure
View All
Industry
Machining
+1Registered Address
4 & 5 the cedars apex 12, old ipswich road, colchester, essex, CO7 7QR
Website
www.absolutegrinding.comprecision grinding technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of PRECISION GRINDING TECHNOLOGIES LTD at £0 based on a Turnover of £0 and 0.44x industry multiple (adjusted for size and gross margin).
precision grinding technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of PRECISION GRINDING TECHNOLOGIES LTD at £840k based on an EBITDA of £239.9k and a 3.5x industry multiple (adjusted for size and gross margin).
precision grinding technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of PRECISION GRINDING TECHNOLOGIES LTD at £1.7m based on Net Assets of £907.8k and 1.89x industry multiple (adjusted for liquidity).
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Precision Grinding Technologies Ltd Overview
Precision Grinding Technologies Ltd is a live company located in colchester, CO7 7QR with a Companies House number of 11612259. It operates in the machining sector, SIC Code 25620. Founded in October 2018, it's largest shareholder is scarfe holdings limited with a 100% stake. Precision Grinding Technologies Ltd is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Precision Grinding Technologies Ltd Health Check
Pomanda's financial health check has awarded Precision Grinding Technologies Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 1 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
- - Precision Grinding Technologies Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.8%, this is a similar level of debt than the average (50.1%)
- - Precision Grinding Technologies Ltd
- - Industry AVG
PRECISION GRINDING TECHNOLOGIES LTD financials
Precision Grinding Technologies Ltd's latest turnover from July 2024 is estimated at 0 and the company has net assets of £907.8 thousand. According to their latest financial statements, we estimate that Precision Grinding Technologies Ltd has no employees and maintains cash reserves of £30 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | 1,809,060 | 1,809,060 | 1,809,060 | 1,809,060 | 1,809,060 | 1,809,000 |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1,809,060 | 1,809,060 | 1,809,060 | 1,809,060 | 1,809,060 | 1,809,000 |
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 30 | 14 | 16 | 100 | 360 | 70 |
| misc current assets | ||||||
| total current assets | 30 | 14 | 16 | 100 | 360 | 70 |
| total assets | 1,809,090 | 1,809,074 | 1,809,076 | 1,809,160 | 1,809,420 | 1,809,070 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | ||||||
| Group/Directors Accounts | 8,751 | 9,000 | ||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 181,320 | 181,200 | 181,200 | 181,200 | 181,200 | 180,000 |
| total current liabilities | 181,320 | 181,200 | 181,200 | 181,200 | 189,951 | 189,000 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 720,000 | 900,000 | 1,080,000 | 1,260,000 | 1,440,000 | 1,620,000 |
| provisions | ||||||
| total long term liabilities | 720,000 | 900,000 | 1,080,000 | 1,260,000 | 1,440,000 | 1,620,000 |
| total liabilities | 901,320 | 1,081,200 | 1,261,200 | 1,441,200 | 1,629,951 | 1,809,000 |
| net assets | 907,770 | 727,874 | 547,876 | 367,960 | 179,469 | 70 |
| total shareholders funds | 907,770 | 727,874 | 547,876 | 367,960 | 179,469 | 70 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | ||||||
| Creditors | ||||||
| Accruals and Deferred Income | 120 | 1,200 | 180,000 | |||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 60 | 1,809,000 | ||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -8,751 | -249 | 9,000 | |||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -180,000 | -180,000 | -180,000 | -180,000 | -180,000 | 1,620,000 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 16 | -2 | -84 | -260 | 290 | 70 |
| overdraft | ||||||
| change in cash | 16 | -2 | -84 | -260 | 290 | 70 |
precision grinding technologies ltd Credit Report and Business Information
Precision Grinding Technologies Ltd Competitor Analysis
Perform a competitor analysis for precision grinding technologies ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other young companies, companies in CO7 area or any other competitors across 12 key performance metrics.
precision grinding technologies ltd Ownership
PRECISION GRINDING TECHNOLOGIES LTD group structure
Precision Grinding Technologies Ltd has 2 subsidiary companies.
Ultimate parent company
1 parent
PRECISION GRINDING TECHNOLOGIES LTD
11612259
2 subsidiaries
precision grinding technologies ltd directors
Precision Grinding Technologies Ltd currently has 3 directors. The longest serving directors include Mr Richard Curtis (Oct 2018) and Mr Michael Scarfe (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Curtis | United Kingdom | 76 years | Oct 2018 | - | Director |
| Mr Michael Scarfe | United Kingdom | 55 years | Oct 2018 | - | Director |
| Mrs Elizabeth Scarfe | England | 49 years | Jul 2023 | - | Director |
P&L
July 2024turnover
0
0%
operating profit
239.9k
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
907.8k
+0.25%
total assets
1.8m
0%
cash
30
+1.14%
net assets
Total assets minus all liabilities
precision grinding technologies ltd company details
company number
11612259
Type
Private limited with Share Capital
industry
25620 - Machining
70100 - Activities of head offices
incorporation date
October 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2024
previous names
N/A
accountant
GRIFFIN CHAPMAN
auditor
-
address
4 & 5 the cedars apex 12, old ipswich road, colchester, essex, CO7 7QR
Bank
-
Legal Advisor
-
precision grinding technologies ltd 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 1 charges/mortgages relating to precision grinding technologies ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
precision grinding technologies ltd 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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precision grinding technologies ltd Companies House Filings - See Documents
| date | description | view/download |
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