PRECISION WORKWEAR LIMITED

Company number 07804101 · Active (Active - Proposal to Strike off)

PRECISION WORKWEAR LIMITED is a private limited company registered in MARKET RASEN, United Kingdom, incorporated on 10 Oct 2011. Its registered activity is retail sale of sports goods, fishing gear, camping goods, boats and bicycles. Its latest published accounts for the period ending 31 Oct 2022 show equity of £18k, total assets of £66k. It has filed 4 sets of accounts, 1 of them after the deadline. Our model estimates a 0.25 % probability that it becomes insolvent within 12 months, 2.2 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.25 %
High risk
Lowest riskHighest risk

Higher than 94 % of active companies in the United Kingdom. 2.2× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent

Lowers the risk

Region0.4×LN · 0.05 % 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
07804101 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
10 Oct 2011 (15 years)
Registered address
LN8 3HA MARKET RASEN
Postcode area
Lincoln
Activity
47640 Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
Industry
Retail trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202215 Jul 2023– –£18k£66k £46k–4
31 Oct 202115 Jun 2022– –£22k£87k £67k–4
31 Oct 202015 Jul 2021– –£14k£92k £56k–4
31 Oct 201915 Oct 2020– –£6,243£65k £47k–4

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

Similar companies in Lincoln

Questions about PRECISION WORKWEAR LIMITED

What is the company number of PRECISION WORKWEAR LIMITED?

PRECISION WORKWEAR LIMITED is registered under company number 07804101 in the official register of United Kingdom. View it at the official register.

Is PRECISION WORKWEAR LIMITED still active?

Yes. PRECISION WORKWEAR LIMITED is registered as active (status: Active - Proposal to Strike off).

Has PRECISION WORKWEAR LIMITED gone bankrupt or into insolvency?

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

How likely is PRECISION WORKWEAR LIMITED to become insolvent?

Our model estimates a 0.25 % probability that PRECISION WORKWEAR LIMITED becomes insolvent within the next 12 months (high risk). That is higher than 94 % of active companies in the United Kingdom.

When was PRECISION WORKWEAR LIMITED founded?

PRECISION WORKWEAR LIMITED was incorporated on 10 Oct 2011.

Where is PRECISION WORKWEAR LIMITED registered?

PRECISION WORKWEAR LIMITED's registered address is in LN8 3HA MARKET RASEN (Lincoln), United Kingdom.

What do the latest accounts of PRECISION WORKWEAR LIMITED show?

The latest published accounts (period ending 31 Oct 2022) show equity of £18k, total assets of £66k, 4 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.