PATERSON PRECISION ENGINEERING LIMITED

Company number 05353943 · Active

PATERSON PRECISION ENGINEERING LIMITED is a private limited company registered in STEVENAGE, United Kingdom, incorporated on 5 Feb 2005. Its registered activity is machining. Its latest published accounts for the period ending 31 Mar 2025 show equity of −£265, total assets of £24k. It has filed 6 sets of accounts, 2 of them after the deadline. Our model estimates a 0.04 % probability that it becomes insolvent within 12 months, 0.4 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.04 %
Low risk
Lowest riskHighest risk

Higher than 90 % of active companies in the United Kingdom. 0.4× the average annual insolvency rate (0.12 %).

Raises the risk

Industry5.1×25 · 0.60 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Region0.5×SG · 0.06 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05353943 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
5 Feb 2005 (22 years)
Registered address
SG1 2FP STEVENAGE
Postcode area
Stevenage
Activity
25620 Machining
Industry
Manufacture of fabricated metal products
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –−£265£24k £14k£13k0
31 Mar 202415 Dec 2024– –£101£27k £15k£3,7740
31 Mar 202315 Dec 2023– –£746£28k £11k£8,0040
31 Mar 202215 Nov 2022– –−£12k£17k £10k£7001
31 Mar 202115 Mar 2022– –£16k£31k £47k–1
31 Mar 202015 Feb 2021– –£37k£3,179 £40k–2

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Stevenage

Questions about PATERSON PRECISION ENGINEERING LIMITED

What is the company number of PATERSON PRECISION ENGINEERING LIMITED?

PATERSON PRECISION ENGINEERING LIMITED is registered under company number 05353943 in the official register of United Kingdom. View it at the official register.

Is PATERSON PRECISION ENGINEERING LIMITED still active?

Yes. PATERSON PRECISION ENGINEERING LIMITED is registered as active (status: Active).

Has PATERSON PRECISION ENGINEERING LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PATERSON PRECISION ENGINEERING LIMITED in the official data.

How likely is PATERSON PRECISION ENGINEERING LIMITED to become insolvent?

Our model estimates a 0.04 % probability that PATERSON PRECISION ENGINEERING LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 90 % of active companies in the United Kingdom.

When was PATERSON PRECISION ENGINEERING LIMITED founded?

PATERSON PRECISION ENGINEERING LIMITED was incorporated on 5 Feb 2005.

Where is PATERSON PRECISION ENGINEERING LIMITED registered?

PATERSON PRECISION ENGINEERING LIMITED's registered address is in SG1 2FP STEVENAGE (Stevenage), United Kingdom.

What do the latest accounts of PATERSON PRECISION ENGINEERING LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of −£265, total assets of £24k, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.