Hi-tech Precision Engineering (uk) Limited
- Small
- Holding
- Active
- 26 years
- 30 employees
- £1,809,732 (assets)
- Real address
- 5 directors
- 1 owner
- Irregular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Social media
Summary
Hi Tech Precision Engineering (uk) Limited, based in Portsmouth, UK, is a small, active holding company established 25 years ago. With 30 employees and £1,809,732 in assets, it operates from a virtual address registered at 24 Landport Terrace, PO1 2RG, alongside twenty other companies. The company is managed by five directors and has one owner, though the list of owners changed three years ago.
The business primarily exports electrical machinery and equipment, with 40 months of export activity recorded, the latest in February 2025. It also imports machinery, boilers, and mechanical appliances; parts, though less regularly, with the last import operation occurring in December 01, 2024. Hi-Tech Precision Engineering operates within the manufacture of other fabricated metal products n.e.c. industries.
Financially, the company’s net assets increased by 8.1% to £1,300,000, a positive sign. However, cash reserves rose significantly by 220%, reaching £530,000. Trade debtors decreased by 35%, suggesting improved collection of payments. Bank borrowings surged by 2,400%, reaching £29,000, and creditors decreased by 18%. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, prepared with CCH Accounts Production 2024.310, do not mention an auditor.
The company’s growth is evident, but the increase in bank borrowings should be monitored. The business’s focus on exports and its niche within the metal products industry seem to be driving its performance, though it’s unclear how closely the business is linked to Hi Tech Uk Holdings Ltd.
Registered in England/Wales under the registration number 03771544, with a registered address at PO16 7JH, United Kingdom, Fareham, Hampshire, Furzehall Farm, 110 Wickham Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Hi Tech Uk Holdings Ltd
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- August Susan Ann
- 8 months
-
Resident of United Kingdom
-
Individual
- Brown Sarah Jane
- 8 months
-
Resident of United Kingdom
-
Individual
- August Darron
- 26 years
- 2
-
Resident of United Kingdom
-
Individual
- Brown Simon Paul
- 26 years
- 2
-
Resident of United Kingdom
-
Individual
- August Darron
- 26 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Director's details changed for Mrs Sarah Jane Brown on 2025-04-28Download 2 pages pdf report
-
Director's details changed for Mrs Susan Ann August on 2025-04-28Download 2 pages pdf report
-
Registered office address changed from 24 Landport Terrace Portsmouth Hampshire PO1 2RG England to Furzehall Farm 110 Wickham Road Fareham Hampshire PO16 7JH on 2025-05-07Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Hi-tech Precision Engineering (uk) Limited
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