How much does Precise Component Manufacture Limited make?

Precise Component Manufacture Limited reported revenue of £10m and a loss of £757k in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does Precise Component Manufacture Limited have?

Precise Component Manufacture Limited reported an average of 131 employees in the year to 30 Sep 2024.

Is Precise Component Manufacture Limited profitable?

No — Precise Component Manufacture Limited reported a loss of £757k in the year to 30 Sep 2024.

Company No. 03244862 · Incorporated 2 Sep 1996

Precise Component Manufacture Limited

Registered name: PRECISE COMPONENT MANUFACTURE LIMITED

Part of Total Capital Partners LLP group

Precise Component Manufacture Limited made £10m revenue and a £757k loss in the year to 30 Sep 2024. read from filing text

Precise Component Manufacture Limited’s revenue fell 24% to £10m in the year to 30 Sep 2024, with a loss of £757k and 131 employees. The company is classified under “machining” and is based in March; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25620Machining

Status: Active
Location: March, East of England
Age: 30 yrs · since 1996
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Sep 2024

Key figures

Revenue

£10m

Growth ▼24.1%

Profit

−£757k

Growth —

Profit margin

−7.6%

Gross 26.4%

Employees

131

Change ▼22%

Profit / employee

−£5.8k

Revenue/employee £76.4k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£14.3m	£13.2m	£10m
Cost of sales	£10.4m	£10.2m	£7.4m
Gross profit	£3.9m	£3m	£2.6m
Operating profit	£1m	−£616k	−£833k
Profit before tax	£941k	−£760k	−£988k
Profit after tax	£874k	−£568k	−£757k
Profit (best available)	£874k	−£568k	−£757k
Staff costs	£6.9m	£6.7m	£5.6m
Employees (average)	180	168	131
Ratios
Profit margin	6.1%	−4.3%	−7.6%
Gross margin	27.3%	22.5%	26.4%
Revenue per employee	£79.2k	£78.5k	£76.4k
Profit per employee	£4.9k	−£3.4k	−£5.8k
Growth (year on year)
Revenue growth	—	▼7.5%	▼24.1%
Profit growth	—	▼165%	—
Headcount growth	—	▼6.7%	▼22%
Balance sheet — indirect signals, not revenue
Cash at bank	£405k	£71.5k	£75.9k
Net assets	£10.6m	£10m	£9.2m
Fixed assets	£5.4m	£5.1m	£5.2m
Current assets	£13.2m	£12.7m	£11.5m
Debtors	£3.3m	£2.6m	£1.5m
Deferred income	£144k	£170k	£117k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: −7.6%; Profit ÷ revenue.
Gross margin: 26.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £76.4k; Revenue ÷ average employees.
Profit per employee: −£5.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 51.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼8%; Now £9.2m
Cash at bank: ▲6%; Now £75.9k
Headcount: ▼22%; Now 131
Deferred income: ▼31%; Now £117k
Fixed assets: ▲3%; Now £5.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Total Capital Partners LLPultimate parent75–100%
Astraea Topco Limited75–100%
Astraea Bidco Limited75–100%
PCML Holdings Limited75–100%
PCML Oxford Limited75–100%
PCML Cambridge Limited75–100%
Precise Component Manufacture Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (3)

Ionic Engineering LimitedFigures not disclosed
Ionic Manufacturing LimitedFigures not disclosed
Teversham Precision Engineering LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£757k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.