Precision Investment Castings Limited
Registered name: PRECISION INVESTMENT CASTINGS LIMITED
Part of Erlson Precision Holdings Limited groupPrecision Investment Castings Limited made £5.7m revenue and a £664k loss in the year to 31 Mar 2025.
Precision Investment Castings Limited’s revenue fell 1% to £5.7m in the year to 31 Mar 2025, with a loss of £664k and 90 employees. The company is classified under “casting of steel” and is based in Altrincham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Altrincham, North West
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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. From the filing: “The ultimate parent undertaking is Erlson Precision Holdings Limited, a company incorporated in England and Wales, company number 07198322. Erlson Precision Holdings Limited is both the smallest and l”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.7m | £5.7m |
| Cost of sales | £5.1m | £6.1m |
| Gross profit | £642k | −£371k |
| Operating profit | −£74.9k | −£1m |
| Profit before tax | −£86.5k | −£1.1m |
| Profit after tax | −£38k | −£664k |
| Profit (best available) | −£38k | −£664k |
| Employees (average) | 67 | 90 |
| Ratios | ||
| Profit margin | −0.7% | −11.7% |
| Gross margin | 11.2% | −6.5% |
| Revenue per employee | £85.5k | £63.2k |
| Profit per employee | −£567 | −£7.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▼0.6% |
| Headcount growth | — | ▲34.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £6.9k | £3.8k |
| Net assets | −£663k | −£1.3m |
| Fixed assets | £212k | £232k |
| Current assets | £3.4m | £4.2m |
| Debtors | £1.4m | £1.3m |
| Deferred income | £171k | £166k |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −11.7%
- Profit ÷ revenue.
- Gross margin
- −6.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £63.2k
- Revenue ÷ average employees.
- Profit per employee
- −£7.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.9%
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now −£1.3m
- Cash at bank
- ▼46%
- Now £3.8k
- Headcount
- ▲34%
- Now 90
- Deferred income
- ▼3%
- Now £166k
- Fixed assets
- ▲9%
- Now £232k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Erlson Precision Holdings Limitedultimate parent75–100%
- Precision Investment Castings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Erlson Precision Components LimitedRev. £12.3m · Profit −£1.1m
- TPP Compressors LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£664k), from the Companies House accounts bulk data published Mar 2026. 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.