precision works ltd
precision works ltd Company Information
Company Number
12983323
Next Accounts
Jul 2025
Shareholders
samia sheikh
salman azeem buksh
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
13 pitts road, slough, berkshire, SL1 3XG
Website
-precision works ltd Estimated Valuation
Pomanda estimates the enterprise value of PRECISION WORKS LTD at £11.8k based on a Turnover of £4.9k and 2.38x industry multiple (adjusted for size and gross margin).
precision works ltd Estimated Valuation
Pomanda estimates the enterprise value of PRECISION WORKS LTD at £56k based on an EBITDA of £12k and a 4.65x industry multiple (adjusted for size and gross margin).
precision works ltd Estimated Valuation
Pomanda estimates the enterprise value of PRECISION WORKS LTD at £2.1k based on Net Assets of £1.2k and 1.75x industry multiple (adjusted for liquidity).
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Precision Works Ltd Overview
Precision Works Ltd is a live company located in berkshire, SL1 3XG with a Companies House number of 12983323. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2020, it's largest shareholder is samia sheikh with a 50% stake. Precision Works Ltd is a young, micro sized company, Pomanda has estimated its turnover at £4.9k with unknown growth in recent years.
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Precision Works Ltd Health Check
Pomanda's financial health check has awarded Precision Works Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £4.9k, make it smaller than the average company (£851.7k)
- Precision Works Ltd
£851.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Precision Works Ltd
- - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (72.9%)
- Precision Works Ltd
72.9% - Industry AVG
Profitability
an operating margin of 243.6% make it more profitable than the average company (27.1%)
- Precision Works Ltd
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Precision Works Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)
- Precision Works Ltd
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £4.9k, this is less efficient (£179.7k)
- Precision Works Ltd
£179.7k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (32 days)
- Precision Works Ltd
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Precision Works Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Precision Works Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Precision Works Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (67.6%)
99.5% - Precision Works Ltd
67.6% - Industry AVG
PRECISION WORKS LTD financials
Precision Works Ltd's latest turnover from October 2023 is estimated at £4.9 thousand and the company has net assets of £1.2 thousand. According to their latest financial statements, we estimate that Precision Works Ltd has 1 employee and maintains cash reserves of £503 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Turnover | 11,563 | ||
| Other Income Or Grants | |||
| Cost Of Sales | 7,035 | ||
| Gross Profit | 4,528 | ||
| Admin Expenses | 2,974 | ||
| Operating Profit | 1,554 | ||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | 1,554 | ||
| Tax | -295 | ||
| Profit After Tax | 1,259 | ||
| Dividends Paid | |||
| Retained Profit | 1,259 | ||
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* | 1,554 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Tangible Assets | 220,464 | 220,464 | 220,464 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 220,464 | 220,464 | 220,464 |
| Stock & work in progress | |||
| Trade Debtors | 1,001 | 1,000 | |
| Group Debtors | |||
| Misc Debtors | 1 | 1 | |
| Cash | 503 | 804 | |
| misc current assets | |||
| total current assets | 1,504 | 1,805 | 1 |
| total assets | 221,968 | 222,269 | 220,465 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | |||
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | |||
| loans | 220,464 | 220,464 | |
| hp & lease commitments | |||
| Accruals and Deferred Income | 250 | ||
| other liabilities | 220,753 | ||
| provisions | |||
| total long term liabilities | 220,753 | 220,714 | 220,464 |
| total liabilities | 220,753 | 220,714 | 220,464 |
| net assets | 1,215 | 1,555 | 1 |
| total shareholders funds | 1,215 | 1,555 | 1 |
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 1,554 | ||
| Depreciation | |||
| Amortisation | |||
| Tax | -295 | ||
| Stock | |||
| Debtors | 1,000 | 1 | |
| Creditors | |||
| Accruals and Deferred Income | -250 | 250 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | 509 | -1 | |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | -220,464 | 220,464 | |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 220,753 | ||
| share issue | |||
| interest | |||
| cash flow from financing | 295 | 220,465 | |
| cash and cash equivalents | |||
| cash | -301 | 804 | |
| overdraft | |||
| change in cash | -301 | 804 |
precision works ltd Credit Report and Business Information
Precision Works Ltd Competitor Analysis
Perform a competitor analysis for precision works ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SL1 area or any other competitors across 12 key performance metrics.
precision works ltd Ownership
PRECISION WORKS LTD group structure
Precision Works Ltd has no subsidiary companies.
Ultimate parent company
PRECISION WORKS LTD
12983323
precision works ltd directors
Precision Works Ltd currently has 2 directors. The longest serving directors include Mr Salman Buksh (Oct 2020) and Mrs Samia Sheikh (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Salman Buksh | United Kingdom | 48 years | Oct 2020 | - | Director |
| Mrs Samia Sheikh | England | 44 years | Jul 2024 | - | Director |
P&L
October 2023turnover
4.9k
-57%
operating profit
12k
0%
gross margin
30.1%
-23.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
1.2k
-0.22%
total assets
222k
0%
cash
503
-0.37%
net assets
Total assets minus all liabilities
Similar Companies
precision works ltd company details
company number
12983323
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
13 pitts road, slough, berkshire, SL1 3XG
Bank
-
Legal Advisor
-
precision works 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 2 charges/mortgages relating to precision works ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
precision works 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.
Click to start generating capital raising & share issue transactions for PRECISION WORKS LTD. This can take several minutes, an email will notify you when this has completed.
precision works ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
