WEYMOUTH PRECISION ENGINEERS LIMITED
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Next accounts due
2026-10-31 (in 5mo)
Last filed for 2025-01-31
Confirmation statement due
2026-06-10 (in 1mo)
Last made up 2025-05-27
Watchouts
None on the register
Cash
£200K
-64.6% lowest in 6 filed years
Net assets
£2M
-12.8% vs 2024
Employees
60
+5.3% highest in 6 filed years
Profit before tax
-£43K
-108% vs 2024
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2025-01-31
| Metric | Trend | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £7,516,306 | £6,732,350 | |
| Operating profit | — | — | — | — | £603,163 | £17,371 | |
| Profit before tax | — | — | — | — | £537,684 | -£42,809 | |
| Net profit | — | — | — | — | £519,645 | £7,710 | |
| Cash | £404,256 | £1,036,658 | £1,592,921 | £1,180,234 | £564,806 | £199,885 | |
| Total assets less current liabilities | £2,706,651 | — | — | — | £4,295,356 | £3,982,029 | |
| Net assets | £1,888,818 | £2,093,202 | £2,349,460 | £2,557,124 | £2,763,269 | £2,409,979 | |
| Equity | £1,888,818 | £2,093,202 | £2,349,460 | £2,557,124 | £2,763,269 | £2,409,979 | |
| Average employees | 42 | 45 | 50 | 54 | 57 | 60 | |
| Wages | — | — | — | — | £2,239,789 | £2,387,383 | |
| Directors' remuneration | — | — | — | — | £26,958 | £25,128 |
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
FY2024 → FY2025 · period ending 2025-01-31 vs 2024-01-31
-
Turnover
-10.4%
£7,516,306 £6,732,350
-
Cash
-64.6%
£564,806 £199,885
lowest in 6 filed years
-
Net assets
-12.8%
£2,763,269 £2,409,979
-
Employees
+5.3%
57 60
highest in 6 filed years
-
Operating profit
-97.1%
£603,163 £17,371
-
Profit before tax
-108%
£537,684 -£42,809
-
Wages
+6.6%
£2,239,789 £2,387,383
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 | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 8.0% | 0.3% | |
| Net margin | — | — | — | — | 6.9% | 0.1% | |
| Return on capital employed | — | — | — | — | 14.0% | 0.4% | |
| Current ratio | — | — | — | — | 2.57x | 1.93x | |
| Interest cover | — | — | — | — | 8.94x | 0.22x |
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 1 time since incorporation
- WEYMOUTH PRECISION ENGINEERS LIMITED 2013-02-14 → present
- ISLAND PRECISION ENGINEERING LIMITED 2012-11-09 → 2013-02-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Albert Goodman LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”
Significant events
- “The new mezzanine floor has been built to free up more manufacturing space on the ground floor of the building and new machinery is now in place.”
- “Investment will continue next year with a new lease taken out on 6000 square feet of manufacturing space.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILSON, Katie Anne | Secretary | 2012-11-09 | — | — |
| WILSON, David John | Director | 2012-11-09 | Feb 1985 | British |
| WILSON, Katie Anne | Director | 2021-12-15 | Sep 1986 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WILSON, Richard Paul | Director | 2013-04-16 | 2013-09-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Weymouth Precision Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-01-26 | Active |
| Mr David John Wilson | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-01-26 |
| Mr Paul Ernest Wilson | Individual | Shares 75–100% | 2016-04-06 | Ceased 2020-11-20 |
| Mr Paul Ernest Wilson | Individual | Shares 75–100% | 2016-04-06 | Ceased 2020-11-20 |
Filing timeline
Last 20 of 55 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-10 | AA | accounts | Accounts with accounts type full | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-20 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-08 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2021-06-08 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-06-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-06-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-12-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-12-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-12-04 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-12-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-12-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-11-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-07-15 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.