PRECISION HYDRAULIC CYLINDERS (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-29 (in 5mo)
Last made up 2025-10-15
Watchouts
None on the register
Cash
£542K
+102% vs 2023
Net assets
£2M
-49.7% vs 2023
Employees
113
-4.2% vs 2023
Profit before tax
-£2M
-141.6% vs 2023
Name history
Renamed 1 time since incorporation
- PRECISION HYDRAULIC CYLINDERS (UK) LIMITED 2001-10-22 → present
- CROSSCO (647) LIMITED 2001-10-15 → 2001-10-22
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £20,313,591 | £18,504,172 | |
| Operating profit | £6,100,326 | -£1,171,769 | |
| Profit before tax | £5,374,584 | -£2,234,353 | |
| Net profit | £5,962,560 | -£1,923,006 | |
| Cash | £268,282 | £541,962 | |
| Total assets less current liabilities | £14,835,699 | £13,748,709 | |
| Net assets | £3,872,709 | £1,949,703 | |
| Equity | £3,872,709 | £1,949,703 | |
| Average employees | 118 | 113 | |
| Wages | £4,198,096 | £4,210,640 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 30.0% | -6.3% | |
| Net margin | 29.4% | -10.4% | |
| Return on capital employed | 41.1% | -8.5% | |
| Current ratio | 1.79x | 1.50x | |
| Interest cover | 8.05x | -1.07x |
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
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After considering the company's forecasts, the funding available to the business and the letter of financial support that was received from Leggett & Platt Inc., the directors are satisfied that the company is well placed to satisfy its liabilities as they fall due for at least 12 months from the date of approval of the financial statements. The directors have therefore prepared these financial statements on a going concern basis.”
Group structure
- PRECISION HYDRAULIC CYLINDERS (UK) LIMITED · parent
- Pacoma Limited 100%
- Pacoma (China) Hydraulic Equipment Co., Ltd 100%
Significant events
- “There have been no significant events affecting this company since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KOCH, Shonna Lea | Secretary | 2018-11-05 | — | — |
| GUTHRIE, Daniel John | Director | 2025-05-07 | Jul 1961 | American |
| KOCH, Shonna Lea | Director | 2018-11-05 | Mar 1973 | American |
| LUTON, Stanley Scott | Director | 2024-05-20 | Dec 1963 | American |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MACDONALD, Gordon | Secretary | 2014-10-24 | 2018-09-28 |
| SCOTT, Robert William | Secretary | 2001-10-16 | 2014-10-24 |
| DICKINSON DEES | Corporate Nominee Secretary | 2001-10-15 | 2001-10-16 |
| ALMANDINGER, Travis James | Director | 2018-11-05 | 2024-05-08 |
| BARCLAY, Christopher Scott | Director | 2001-10-16 | 2021-03-01 |
| BROWN, Charles David, Mr. | Director | 2021-03-01 | 2025-05-07 |
| CARE, Timothy James | Nominee Director | 2001-10-15 | 2001-10-16 |
| HAGUE, John | Director | 2018-10-23 | 2019-08-05 |
| MACDONALD, Gordon | Director | 2014-10-24 | 2018-09-28 |
| SCOTT, Robert William | Director | 2001-10-16 | 2014-10-24 |
| TOWNSEND, David | Director | 2001-10-16 | 2014-10-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Leggett & Platt, Incorporated | Corporate entity | Significant influence | 2018-02-01 | Active |
Filing timeline
Last 20 of 123 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-24 | CH01 | officers | Change person director company with change date | |
| 2025-10-24 | CH01 | officers | Change person director company with change date | |
| 2025-10-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-07 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-30 | AA | accounts | Accounts with accounts type full | |
| 2024-10-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-08 | AA | accounts | Accounts with accounts type full | |
| 2023-10-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-19 | CH01 | officers | Change person director company with change date | |
| 2023-03-07 | CH01 | officers | Change person director company with change date | |
| 2023-03-07 | CH01 | officers | Change person director company with change date | |
| 2023-03-07 | CH01 | officers | Change person director company with change date | |
| 2023-03-07 | CH03 | officers | Change person secretary company with change date | |
| 2023-02-21 | AD02 | address | Change sail address company with old address new address | |
| 2022-10-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-13 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-8.9%
£20,313,591 £18,504,172
-
Cash
+102%
£268,282 £541,962
-
Net assets
-49.7%
£3,872,709 £1,949,703
-
Employees
-4.2%
118 113
-
Operating profit
-119.2%
£6,100,326 -£1,171,769
-
Profit before tax
-141.6%
£5,374,584 -£2,234,353
-
Wages
+0.3%
£4,198,096 £4,210,640
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