Precision Costs LimitedDissolved
Registered name: PRECISION COSTS LIMITED
Precision Costs Limited made £3.6k revenue and a £24.6k loss in the year to 30 Jun 2024.
Precision Costs Limited’s revenue fell 89% to £3.6k in the year to 30 Jun 2024, with a loss of £24.6k and 0 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £42.7k | £31.6k | £3.6k |
| Cost of sales | — | £0 | £0 |
| Gross profit | — | £31.6k | £3.6k |
| Operating profit | — | £31.6k | −£24.6k |
| Profit before tax | — | £31.6k | −£24.6k |
| Profit after tax | −£2.9k | £25.7k | −£24.6k |
| Profit (best available) | −£2.9k | £25.7k | −£24.6k |
| Staff costs | — | £1.2k | — |
| Employees (average) | — | 2 | 0 |
| Ratios | |||
| Profit margin | −6.7% | 81.4% | −675.9% |
| Gross margin | — | 100% | 100% |
| Revenue per employee | — | £15.8k | — |
| Profit per employee | — | £12.9k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼26.1% | ▼88.5% |
| Profit growth | — | — | ▼195.6% |
| Headcount growth | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £20.2k | £6.9k |
| Net assets | £11.2k | £20.4k | £6.9k |
| Fixed assets | £0 | £0 | — |
| Current assets | £11k | £20.2k | £6.9k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- −675.9%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼66%
- Now £6.9k
- Cash at bank
- ▼66%
- Now £6.9k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£24.6k), from the Companies House accounts bulk data published Mar 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.