PRECISION LIFT REPAIRS LTD

Company number 16193513 · Active

PRECISION LIFT REPAIRS LTD is a private limited company registered in CONSETT, United Kingdom, incorporated on 19 Jan 2025. Its registered activity is repair of machinery. Its latest published accounts for the period ending 31 Jan 2026 show equity of £24k, total assets of £33k. It has filed 1 set of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Industry1.9×33 · 0.22 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Current liabilities ÷ assets1.5×0.186967–0.523499 · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent
Equity ratio1.3×0.289275–0.742974 · 0.15 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Region0.8×DH · 0.10 % 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
16193513 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
19 Jan 2025 (2 years)
Registered address
DH8 7UQ CONSETT
Postcode area
Durham
Activity
33120 Repair of machinery
Industry
Repair and installation of machinery
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202615 May 2026– –£24k£33k £6,147–2

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

Similar companies in Durham

Questions about PRECISION LIFT REPAIRS LTD

What is the company number of PRECISION LIFT REPAIRS LTD?

PRECISION LIFT REPAIRS LTD is registered under company number 16193513 in the official register of United Kingdom. View it at the official register.

Is PRECISION LIFT REPAIRS LTD still active?

Yes. PRECISION LIFT REPAIRS LTD is registered as active (status: Active).

Has PRECISION LIFT REPAIRS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PRECISION LIFT REPAIRS LTD in the official data.

How likely is PRECISION LIFT REPAIRS LTD to become insolvent?

Our model estimates a 0.00 % probability that PRECISION LIFT REPAIRS LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was PRECISION LIFT REPAIRS LTD founded?

PRECISION LIFT REPAIRS LTD was incorporated on 19 Jan 2025.

Where is PRECISION LIFT REPAIRS LTD registered?

PRECISION LIFT REPAIRS LTD's registered address is in DH8 7UQ CONSETT (Durham), United Kingdom.

What do the latest accounts of PRECISION LIFT REPAIRS LTD show?

The latest published accounts (period ending 31 Jan 2026) show equity of £24k, total assets of £33k, 2 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.