Precise London Engineering Ltd

Key Facts

Net Assets

Current: £12,793

Previous: £7,918

Change: +4,875 (+61.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £11,316

Previous: £5,159

Change: +£6,157 (+119.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,477

Previous: £6,659

Change: -£2,182 (-32.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £9,135

Previous: £4,408

Change: +£4,727 (+107.2%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £8,135

Previous: £10,169

Change: -£2,034 (-20%)

Comment: Fixed assets reduced noticeably.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.