Hi-tech Precision Engineering (uk) Limited
- Active
- Small
- Holding
- 26 years
- 0 employees
- £1,949,202 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Virtual address
- 5 directors
- 1 owner
- Fareham
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
Website
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, C/O James Todd & Co 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.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 26 years
- 2
-
Resident of United Kingdom
-
Individual
- 26 years
- 2
-
Resident of United Kingdom
-
Individual
- 26 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2025-05-31Download 10 pages pdf report
-
Confirmation statement made on 2025-05-20 with updatesDownload 5 pages pdf report
-
Registered office address changed from Furzehall Farm 110 Wickham Road Fareham Hampshire PO16 7JH United Kingdom to C/O James Todd & Co Furzehall Farm 110 Wickham Road Fareham Hampshire PO16 7JH on 2025-05-14Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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