PRECISION MICRO LIMITED
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-04-30
Confirmation statement due
2026-05-23 (this month)
Last made up 2025-05-09
Watchouts
None on the register
Cash
£1M
-58.9% vs 2024
Net assets
£11M
+2.9% vs 2024
Employees
155
-13.4% vs 2024
Profit before tax
£450K
+157.8% vs 2024
Name history
Renamed 2 times since incorporation
- PRECISION MICRO LIMITED 2004-06-01 → present
- MICROPONENTS LIMITED 1983-10-13 → 2004-06-01
- MONOSHAW LIMITED 1983-08-12 → 1983-10-13
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Turnover | £18,861,000 | £17,869,000 | |
| Operating profit | -£673,000 | £601,000 | |
| Profit before tax | -£778,000 | £450,000 | |
| Net profit | -£941,000 | £318,000 | |
| Cash | £2,446,000 | £1,005,000 | |
| Total assets less current liabilities | £28,742,000 | £27,880,000 | |
| Net assets | £11,006,000 | £11,324,000 | |
| Equity | £11,006,000 | £11,324,000 | |
| Average employees | 179 | 155 | |
| Wages | £5,806,000 | £5,087,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Operating margin | -3.6% | 3.4% | |
| Net margin | -5.0% | 1.8% | |
| Return on capital employed | -2.3% | 2.2% | |
| Current ratio | 2.47x | 2.73x | |
| Interest cover | -6.41x | 3.98x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors note the results of such assessment, including that the Company has significant cash resources amounting to £1.0m as at 30 April 2025, an undrawn overdraft amounting to £1.5m and relatively low levels of bank borrowings. At the date of signing these accounts, after making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing these accounts. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “in August 2024 we installed solar panels to half of the roof at our Vantage Way, Birmingham facility”
- “for the third consecutive year we have recruited Apprentices from the local community.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRETT, Tim | Director | 2019-03-28 | Aug 1973 | British |
| JOHNSON, David Graham | Director | 2020-12-17 | Sep 1961 | British |
| TAYLOR, Michael | Director | 2018-04-21 | Jan 1973 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLOWES, Stephen | Secretary | 1997-02-01 | 2005-08-17 |
| GRANT, Simon Robert | Secretary | 2016-10-28 | 2018-04-21 |
| KERIN, John Brendan | Secretary | 2005-08-16 | 2012-07-04 |
| MARRETT, Patricia Margaret | Secretary | — | 1997-01-28 |
| THOMAS, Marina | Secretary | 2012-07-04 | 2016-10-28 |
| CLOWES, Stephen | Director | 1997-02-01 | 2005-08-18 |
| CRUTCHLEY, Paul Andrew | Director | 2002-12-10 | 2008-01-01 |
| GREEN, Philip Ernest | Director | 2012-07-04 | 2013-12-02 |
| HEATHER, Marcus | Director | 2008-06-16 | 2012-07-04 |
| HUTCHISON MOSS, James | Director | 2002-12-10 | 2006-06-05 |
| JONES, Max Phillip, Mr. | Director | 2007-04-01 | 2008-06-13 |
| KERIN, John Brendan | Director | 2005-08-16 | 2012-07-04 |
| MARRETT, Anthony Rex | Director | 1999-06-08 | 2012-07-04 |
| MARRETT, Nicola Kathryn | Director | 2002-12-10 | 2003-01-13 |
| MARRETT, Norman Rex | Director | — | 2002-12-10 |
| MARRETT, Patricia Margaret | Director | — | 2002-12-10 |
| MARRETT, Zoe Louise | Director | 2002-12-10 | 2003-01-13 |
| MCMURRAY, Ian Robert, Mark | Director | 2018-04-21 | 2020-12-07 |
| PARGETER, Ian Keith | Director | 2013-12-02 | 2018-04-21 |
| THOMAS, Marina Louise | Director | 2013-12-02 | 2018-04-21 |
| TWIGGER, Terence | Director | 2012-07-04 | 2013-05-01 |
| WHATELEY, Ian William | Director | 2002-12-10 | 2012-07-04 |
| YOUNG, Mark Lees | Director | 2012-07-04 | 2013-12-02 |
| YOUNG, Stephen Gareth | Director | 2012-07-04 | 2013-12-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Fotomechanix Limited | Corporate entity | Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 184 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-05 | AA | accounts | Accounts with accounts type full | |
| 2024-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-21 | AA | accounts | Accounts with accounts type full | |
| 2023-07-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-13 | AA | accounts | Accounts with accounts type full | |
| 2022-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-03 | AA | accounts | Accounts with accounts type full | |
| 2021-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-02-02 | AA | accounts | Accounts with accounts type full | |
| 2020-12-17 | AP01 | officers | Appoint person director company with name date | |
| 2020-12-08 | TM01 | officers | Termination director company with name termination date | |
| 2020-07-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-02 | AA01 | accounts | Change account reference date company current extended |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30
-
Turnover
-5.3%
£18,861,000 £17,869,000
-
Cash
-58.9%
£2,446,000 £1,005,000
-
Net assets
+2.9%
£11,006,000 £11,324,000
-
Employees
-13.4%
179 155
-
Operating profit
+189.3%
-£673,000 £601,000
-
Profit before tax
+157.8%
-£778,000 £450,000
-
Wages
-12.4%
£5,806,000 £5,087,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers