Precision Automotive Services Ltd
Registered name: PRECISION AUTOMOTIVE SERVICES LTD
Precision Automotive Services Ltd made £113k revenue and £1.4k profit in the year to 31 Mar 2026.
Precision Automotive Services Ltd’s revenue was £113k in the year to 31 Mar 2026, with £1.4k profit and 2 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Wednesbury; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wednesbury, West Midlands
- Age
- 2 yrs · since 2024
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2025 | 31 Mar 2026 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £80.1k | £113k |
| Cost of sales | £77k | £65.9k |
| Gross profit | £3.1k | £46.8k |
| Profit before tax | −£28.1k | £1.4k |
| Profit after tax | −£28.1k | £1.4k |
| Profit (best available) | −£28.1k | £1.4k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | −35% | 1.2% |
| Gross margin | 3.9% | 41.5% |
| Revenue per employee | £40.1k | £56.4k |
| Profit per employee | −£14k | £693 |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.4k | £4.9k |
| Net assets | −£28.1k | −£26.7k |
| Current assets | £11.4k | £29.9k |
| Source | FullAccounts · bulk data Apr 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.2%
- Profit ÷ revenue.
- Gross margin
- 41.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £56.4k
- Revenue ÷ average employees.
- Profit per employee
- £693
- 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
- —
- Now −£26.7k
- Cash at bank
- —
- Now £4.9k
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Mba Autos LtdHarrow · Sale of used cars and light motor vehicles
- Revenue
- £113k
- Profit
- £1.6k
- Staff
- 0
- CB Healthcare LtdStevenage · Sale of used cars and light motor vehicles
- Revenue
- £115k
- Profit
- £1.4k
- Staff
- 1
- Olamuyex LimitedRainham · Sale of used cars and light motor vehicles
- Revenue
- £123k
- Profit
- £42.8k
- Staff
- 2
- Reliable MST LtdPeterborough · Sale of used cars and light motor vehicles
- Revenue
- £102k
- Profit
- £9.6k
- Staff
- 2
- JCS Vehicle Sales LtdGreat Yarmouth · Sale of used cars and light motor vehicles
- Revenue
- £137k
- Profit
- £24.7k
- Staff
- 2
- CH. Kapnos&son Trading LtdNewport Pagnell · Sale of used cars and light motor vehicles
- Revenue
- £138k
- Profit
- £4.5k
- Staff
- 1
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.4k), from the Companies House accounts bulk data published Sep 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.