Ves Precision Limited
- Active
- Small
- 34 years
- 19 employees
- £914,742 (cur assets)
- 1m-15m
- Irregular importer
- Regular exporter
- Real address
- 3 directors
- 1 owner
- Crewkerne
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
Ves Precision Limited, based in Crewkerne, UK, is a small, active company established 34 years ago in 1991. Employing 24 people, it holds assets totaling £923,917. The company operates from a real address on the Cropmead Industrial Estate and is overseen by three directors and one owner, Ian William Scarr. While it imports electrical machinery irregularly, it’s a regular exporter of basic metal tools and utensils.
Ves Precision describes itself as a precision engineer, offering a complete machining and engineering service to clients worldwide. Its website details a wide range of services, including CNC machining, EDM wire erosion, grinding, and lapping, catering to industries like aerospace, packaging, and motorsport. The company also boasts a dedicated in-house inspection facility and holds approvals like AS9100 and ISO 9001, suggesting a commitment to quality and industry standards. It’s clear that the business focuses on bespoke solutions for production needs.
Financially, Ves Precision’s recent performance presents a mixed picture. Current assets have decreased by 14%, falling to £920,000, while net assets have also declined by 13%, landing at £1.4 million. Bank borrowings have increased by 24%, reaching £370,000, and cash reserves have plummeted 85%, leaving just £4,500. However, trade debtors have also decreased by 11%, which could indicate improved collection practices. The company’s small size—meeting two out of three criteria for a small company—allows for agility, but the decrease in equity warrants closer examination. No auditor is mentioned, indicating that the financial statements are unaudited.
Overall, Ves Precision appears to be navigating a period of financial adjustment. Its strong engineering capabilities and industry approvals suggest a solid foundation, but the recent trends in its financials require attention.
Registered in England/Wales under the registration number 02603208, with a registered address at TA18 7HQ, Crewkerne, Somerset, Unit 10, Cropmead Industrial Estate.
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
-
Individual
- 1 year
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- 14 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2025-08-07 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-11-30Download 12 pages pdf report
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Confirmation statement made on 2025-05-13 with no updatesDownload 3 pages 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
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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