Precision Controls Limited

Precision Controls Ltd from Stockport, UK, is a small, active company established 34 years ago in 1991. With six employees and £538,336 in assets, it’s a well-established player in its niche. The company, managed by two directors and owned by Wilson Kurlin Byron, operates from a real address and has a long history of importing and exporting optical and medical tools and devices—228 months of imports and 131 months of exports recorded. The company’s website, precisioncontrols.co.uk, describes it as a provider of industrial machinery and equipment installation services.

While the website doesn't explicitly detail e-commerce activities, it focuses on providing services and solutions for industrial clients. The site highlights the company's expertise in installing, commissioning, and maintaining equipment, suggesting a business-to-business model rather than direct consumer sales.

Financially, Precision Controls Ltd demonstrates a mixed picture. Current assets increased by 13% to £540,000, while net assets also grew by 10% to £380,000. Bank borrowings decreased by 33%, falling to £21,000, and cash reserves increased by a significant 62% to £51,000. Creditors decreased by 33%, indicating improved debt management. However, other creditors rose by a substantial 180% to £56,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The increase in other creditors suggests a potential need for careful cash flow management, though it’s unclear whether this is a temporary fluctuation or a longer-term trend. As a small company, it is exempt from an audit, and the figures are unaudited.

Registered in England/Wales under the registration number 02601605, with a registered address at SK2 6ND, United Kingdom, Stockport, Cheshire, 252 Wellington Road South.

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