PRECISION WORLDWIDE LIMITED

Company number 08072968 · Active

PRECISION WORLDWIDE LIMITED is a private limited company registered in CHIGWELL, United Kingdom, incorporated on 17 May 2012. Its registered activity is information technology consultancy activities. Its latest published accounts for the period ending 31 Mar 2026 show equity of £93k, total assets of £34k. It has filed 7 sets of accounts, 1 of them after the deadline. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 89 % of active companies in the United Kingdom. 0.2× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Days since last period end0.6×< 246 · 0.06 % 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
08072968 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
17 May 2012 (14 years)
Registered address
IG7 6PW CHIGWELL
Postcode area
Ilford
Activity
62020 Information technology consultancy activities
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202615 Jun 2026– –£93k£34k £108k–1
31 Mar 202515 Sep 2025– –£94k£78k £160k–1
31 Mar 202415 Dec 2024– –−£97k£15k £97k–2
31 Mar 202315 Oct 2023– –−£81k£31k £87k£18k1
31 Mar 202215 Mar 2023– –−£70k£47k £80k£1,8921
31 Mar 202115 Oct 2021£213k £121k£26k£175k £100k£101k1
31 Mar 202015 Dec 2020– –£7,769£83k £70k£21k1

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

Similar companies in Ilford

Questions about PRECISION WORLDWIDE LIMITED

What is the company number of PRECISION WORLDWIDE LIMITED?

PRECISION WORLDWIDE LIMITED is registered under company number 08072968 in the official register of United Kingdom. View it at the official register.

Is PRECISION WORLDWIDE LIMITED still active?

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

Has PRECISION WORLDWIDE LIMITED gone bankrupt or into insolvency?

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

How likely is PRECISION WORLDWIDE LIMITED to become insolvent?

Our model estimates a 0.03 % probability that PRECISION WORLDWIDE LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 89 % of active companies in the United Kingdom.

When was PRECISION WORLDWIDE LIMITED founded?

PRECISION WORLDWIDE LIMITED was incorporated on 17 May 2012.

Where is PRECISION WORLDWIDE LIMITED registered?

PRECISION WORLDWIDE LIMITED's registered address is in IG7 6PW CHIGWELL (Ilford), United Kingdom.

What do the latest accounts of PRECISION WORLDWIDE LIMITED show?

The latest published accounts (period ending 31 Mar 2026) show equity of £93k, total assets of £34k, 1 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.