Precision Blast Systems Limited

Precision Blast Systems Ltd, based in Hull, UK, is a small, active company founded twelve years ago in 2013. With just two employees and £241,840 in assets, it’s a compact operation overseen by two directors, though no owners are officially listed. The company operates from a real address, with nine other businesses registered at the same location. It’s a regular importer of machinery, boilers, and mechanical appliances—parts, with 70 months of import activity, and an irregular exporter of soaps, cleaning products, and waxes, with just one month of export activity recorded.

The company’s website highlights its specialization in abrasive blast cleaning equipment, vacuum blast, subsea, and Soda blast systems. It acts as a specialist supplier of equipment, vacuum blasting, and Soda blasting, and is the authorised distributor for Gritco equipment and the master distributor for ARMEX soda blast abrasives. They offer a full stock of abrasives, equipment hire, and even training, catering to industries like petrochemical, marine, automotive, and food production. The website showcases machines like the Microstrip and BlastMate, emphasizing precision and reduced abrasive consumption.

Financially, Precision Blast Systems Ltd presents a mixed picture. Current assets have fallen by 25% to £240,000, while net assets have declined by 8.1% to £150,000. Cash reserves have also dropped by 10% to £120,000. Bank borrowings, however, have increased, and creditors have decreased, suggesting some improvements in debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the drop in equity and cash reserves could indicate financial pressures. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

Overall, Precision Blast Systems Ltd seems to be navigating a period of change. While its core business appears stable, the financial data suggests it's facing challenges—although it’s likely these are typical for a small company.

Registered in England/Wales under the registration number 08352428, with a registered address at HU2 8BA, Hull, East Yorkshire, Regents Court, Princess Street.

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