SHEARLINE PRECISION ENGINEERING LIMITED
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Next accounts due
2026-04-30
Overdue
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
Cash
£37K
+0.9% vs 2022
Net assets
£2M
-4.8% vs 2022
Employees
110
-1.8% lowest in 5 filed years
Profit before tax
-£168K
-171.5% lowest in 5 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-04-30.
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2023-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | £8,022,555 | £6,839,032 | £7,456,930 | £7,749,412 | £8,525,128 | |
| Operating profit | £268,794 | £58,031 | £343,107 | £294,136 | -£54,988 | |
| Profit before tax | £227,906 | £26,848 | £299,035 | £235,370 | -£168,311 | |
| Net profit | — | — | — | £245,598 | -£126,522 | |
| Cash | £28,287 | £61,381 | £367,727 | £37,053 | £37,368 | |
| Total assets less current liabilities | £2,880,836 | £2,845,861 | £3,493,452 | £3,963,735 | £3,603,418 | |
| Net assets | £2,445,211 | £2,337,837 | £2,380,834 | £2,626,432 | £2,499,910 | |
| Equity | £2,445,211 | £2,337,837 | £2,380,834 | £2,626,432 | £2,499,910 | |
| Average employees | 128 | 112 | 113 | 112 | 110 | |
| Wages | £3,445,345 | £3,225,933 | £3,238,683 | £3,475,702 | £3,467,410 | |
| Directors' remuneration | £164,156 | £191,048 | £182,649 | £207,482 | £195,363 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+10%
£7,749,412 £8,525,128
highest in 5 filed years
-
Cash
+0.9%
£37,053 £37,368
-
Net assets
-4.8%
£2,626,432 £2,499,910
-
Employees
-1.8%
112 110
lowest in 5 filed years
-
Operating profit
-118.7%
£294,136 -£54,988
lowest in 5 filed years
-
Profit before tax
-171.5%
£235,370 -£168,311
lowest in 5 filed years
-
Wages
-0.2%
£3,475,702 £3,467,410
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 3.4% | 0.8% | 4.6% | 3.8% | -0.6% | |
| Net margin | — | — | — | 3.2% | -1.5% | |
| Return on capital employed | 9.3% | 2.0% | 9.8% | 7.4% | -1.5% | |
| Current ratio | — | — | — | 1.30x | 1.19x | |
| Interest cover | 6.57x | 1.86x | 7.78x | 4.99x | -0.48x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 4 times since incorporation
- SHEARLINE PRECISION ENGINEERING LIMITED 1981-12-31 → present
- SHEARLINE R & D LIMITED 1980-12-31 → 1981-12-31
- SHEARLINE R & D LIMITED 1977-12-31 → 1980-12-31
- T.W. WINGENT (ENGINEERING) LIMITED 1970-04-01 → 1977-12-31
- T.W. WINGENT (GLASS BLOWING TOOLS) LIMITED 1970-04-01 → 1977-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Whitings LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared cash flow forecasts which have provided the directors with sufficient comfort that the financial statements should be prepared on the going concern basis. These forecasts are highly sensitive to the level of sales forecast, and are reliant on the continued support of the Company's banker, financial support of a director, and the parent company being able to repay its debts as they fall due. A director has also provided a letter of support to indicate his intention to support the company if required. As a result the directors are satisfied that the company remains a going concern and will be able to pay its debts as they fall due for a period of at least 12 months from the date of signing these financial statements.”
Group structure
- SHEARLINE PRECISION ENGINEERING LIMITED · parent
- Hybrid Laser Tech Limited 100%
Significant events
- “There have been no significant events affecting the Company since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JAKES, David Graham | Director | 2025-08-14 | Aug 1982 | British |
| LITTLECHILD, David Howard | Director | — | Jan 1949 | British |
| PINKHART, Jennie | Director | 2024-06-26 | Aug 1984 | English |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAMBERS, David Smith | Secretary | 1998-02-19 | 1999-11-01 |
| GAUTREY, Marion Elsie | Secretary | 1999-11-01 | 2002-08-31 |
| GOULDTHORP, Kevin | Secretary | 2002-09-01 | 2009-12-30 |
| HAYWARD-WILLIAMS, Heather | Secretary | 1992-01-01 | 1998-02-16 |
| LITTLECHILD, David Howard | Secretary | — | 1992-01-01 |
| RADFORD, Ian Peter | Secretary | 2014-06-03 | 2016-05-19 |
| COLE, Christopher | Director | 1996-04-01 | 2001-07-12 |
| GOULDTHORP, Kevin | Director | 2002-07-08 | 2009-12-30 |
| HAYWARD, Andrew Roger David | Director | 2008-10-06 | 2010-10-31 |
| HUNTER, Roger Calixto | Director | 2014-06-03 | 2016-06-30 |
| LITTLECHILD, Jon Scott | Director | 2018-09-24 | 2025-02-11 |
| MALTBY, Charles Andrew | Director | 2008-10-01 | 2011-06-30 |
| RADFORD, Ian Peter | Director | 2014-03-03 | 2016-05-19 |
| ROWE, Jonathan Patrick | Director | 2025-08-14 | 2026-03-04 |
| SEATH, Philip Andrew | Director | 2011-03-25 | 2014-01-31 |
| SMITH, Graham John | Director | 2000-04-01 | 2008-01-31 |
| WILSON, Dawn Angela | Director | 2019-03-01 | 2024-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Shearline Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 160 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-30 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-07 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | CH01 | officers | Change person director company with change date | |
| 2024-06-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.