Knight Precision Tooling Limited

Knight Precision Tooling Limited, based in Mid Glamorgan, UK, is a small, family-run holding company with an active status. Established seventeen years ago in 2007, it employs just four people and holds £126,582 in assets. The company, with three directors and three owners, regularly imports machinery, boilers, and mechanical appliances—parts, with its last import operation recorded thirteen months ago in April 2019.

The company’s website reveals a broader scope than initially apparent. While Knight Precision Tooling focuses on precision tooling and engineering services—including product design, prototyping, laser welding, and CNC production—it's part of the larger Knight Manufacturing Group, encompassing Knight Moulding and Knight Tooling. The website showcases a diverse range of projects, from motorway barrier cap design to bespoke solutions for the lift industry and automotive sector. It even offers a ROFIN Star Laser Welder Tool Open II. The company’s website also has a newsletter and blog.

Financially, Knight Precision Tooling Limited presents a mixed picture. Current assets have decreased by 11% to £130,000, while net assets remained steady at £140,000. Bank borrowings have decreased by 40% to £15,000, and cash reserves have fallen by 57% to £4,200. Creditors have increased significantly by 57% to £57,000, and trade debtors have decreased by 11% to £110,000. The company meets the criteria for a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is common for small companies.

The company's financial data suggests it's facing some challenges, particularly with increased creditor payments. However, the breadth of its services and the backing of the larger Knight Manufacturing Group could provide a buffer against these pressures. It’s clear that the company is trying to keep its costs down, and it’s probably a good idea to keep an eye on its cash flow.

Registered in England/Wales under the registration number 06415277, with a registered address at CF37 2BW, Mid Glamorgan, 14 Gelliwastad Rd, Pontypridd.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.