Precision Microdrives Ltd.

Precision Microdrives Ltd, based in London, UK, is a small holding company with an active status. Founded twenty years ago in 2004, it employs eighteen people and holds assets totaling £5,742,843. The company has three directors and a single owner, and operates from a real address in Kennington Park Business Centre. It regularly imports and exports electrical machinery and equipment—ninety months of import activity and thirty-one months of export activity, with the latest import being December 2023 and the last export April 2023.

Precision Microdrives specializes in the design and manufacture of brushless DC motors and mechanisms. Their website showcases a range of products, from off-the-shelf motor components to fully validated complex mechanisms, catering to industries like medical, industrial, and consumer markets. They offer custom assemblies, longevity testing, and engineering confidence, positioning themselves as a trusted partner for motor and mechanism solutions. The website also highlights their technical expertise, quality control processes, and international, multilingual team—a key differentiator. They even offer resources like application notes and case studies.

Financially, Precision Microdrives shows a mixed picture. Current assets increased by 10%, reaching £5,700,000, while net assets grew by 4.7%, hitting £2,500,000. Bank borrowings, however, experienced a significant decrease, falling 28% to £820,000—a positive sign. Creditors also decreased by 57%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in bank borrowings might indicate a need for additional funding. The company is exempt from an audit, so the numbers are unaudited.

It seems Precision Microdrives is doing well, but could benefit from additional funding.

Registered in England/Wales under the registration number 05114621, with a registered address at SW9 6DE, England, London, Kennington Park Business Centre, 1-3 Brixton Road.

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