PRECISION PROCO GROUP LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-29 (in 2mo)
Last made up 2025-07-15
Watchouts
None on the register
Cash
£39K
-85.7% lowest in 3 filed years
Net assets
£8M
+5% vs 2024
Employees
454
-8.1% vs 2024
Profit before tax
£992K
+161.5% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £67,927,267 | £71,443,523 | |
| Operating profit | — | -£798,471 | £1,882,627 | |
| Profit before tax | — | -£1,612,752 | £991,781 | |
| Net profit | £4,729,316 | -£941,392 | £361,255 | |
| Cash | £1,841,010 | £271,449 | £38,682 | |
| Total assets less current liabilities | — | £12,336,988 | £11,870,384 | |
| Net assets | — | £7,270,992 | £7,632,247 | |
| Equity | £19,090,525 | £7,270,992 | £7,632,247 | |
| Average employees | 6 | 494 | 454 | |
| Wages | £441,418 | £17,990,183 | £16,439,018 | |
| Directors' remuneration | — | £1,093,614 | £863,659 |
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 2025-03-31 vs 2024-03-31
-
Turnover
+5.2%
£67,927,267 £71,443,523
-
Cash
-85.7%
£271,449 £38,682
lowest in 3 filed years
-
Net assets
+5%
£7,270,992 £7,632,247
-
Employees
-8.1%
494 454
-
Operating profit
+335.8%
-£798,471 £1,882,627
-
Profit before tax
+161.5%
-£1,612,752 £991,781
-
Wages
-8.6%
£17,990,183 £16,439,018
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 | 2021-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | -1.2% | 2.6% | |
| Net margin | — | -1.4% | 0.5% | |
| Return on capital employed | — | -6.5% | 15.9% | |
| Gearing (liabilities / total assets) | — | 78.1% | 75.5% | |
| Current ratio | — | 0.68x | 0.74x | |
| Interest cover | — | -0.98x | 2.07x |
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
- PRECISION PROCO GROUP LTD 2020-09-02 → present
- HALO PRINT LIMITED 2020-07-16 → 2020-09-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of signing these accounts, the directors have considered the going concern position, including looking at current and forecast cash levels, funding arrangements, and performing sensitivity over the forecasts. The directors consider that these indicate that the group will have sufficient resources to be able to continue to trade for a period of at least 12 months from the date of signing these accounts with the current level of funding available to it. The performance of the group is reviewed monthly and at the time of signing these accounts the group continues to deliver positive results as it benefits from the synergies created from the ongoing restructure of the group. On that basis, the directors have prepared these financial statements on a going concern basis.”
Group structure
- PRECISION PROCO GROUP LTD · parent
- Precision Printing Co. Limited 100%
- First2Print Ltd 100%
- Eyecandyshop Limited 100%
- Eyecandy Art Group Limited 100%
- Proco Group Limited 100%
- Proco (Holdings) Limited 100%
- Proco Print Limited 100%
- Concept Communications Group Limited 100%
- Climb Creative Ltd 100%
- Prime Print Group Limited 100%
- Where The Trade Buys Ltd 100%
- Leamore Building Services Ltd 100%
Significant events
- “The financial year ending 31 March 2025 marked a significant turnaround for the Group, in terms of sales growth and return to profitability.”
- “Significant capital investments continue to happen to enhance the Group's production capabilities, allowing it to meet increasing client demand while optimizing efficiency. During the year, the Group identified opportunities and has entered new and exciting markets whilst continuing to increase its product offering.”
- “Sales Performance: The Group reported sales of £71.4m for the year ending 31 March 2025, representing a 5% increase on the £67.9m achieved in the previous year (2023/24). This despite the current year being the first full 12 months of trading since the demerger of Where The Trade Buys (WTTB).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAILEY, Matthew Jonathan | Director | 2020-08-31 | Oct 1975 | British |
| PEELING, Gary Ian | Director | 2020-07-16 | Apr 1971 | British |
| SKARPELLIS, Andrew | Director | 2020-08-31 | May 1973 | British |
| WHITE, Carl | Director | 2025-04-01 | Mar 1971 | British |
| WOOLLEY, Paul | Director | 2025-04-01 | Mar 1959 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NEARY, Dominic Terence | Director | 2020-08-31 | 2021-09-08 |
| OSMOND, Philip John | Director | 2020-08-31 | 2024-10-01 |
| ROUCAUTE, Steeve Axel | Director | 2021-03-29 | 2023-05-19 |
| TOLLEY, Jonathan | Director | 2020-08-31 | 2022-01-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Precision Proco (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-12-08 | Active |
| Simple Whc Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-12-01 | Ceased 2023-12-08 |
| Mr Matthew Jonathan Bailey | Individual | Shares 25–50%, Voting 25–50% | 2020-08-31 | Ceased 2023-12-01 |
| Gary Ian Peeling | Individual | Voting 25–50% | 2020-08-31 | Ceased 2023-12-01 |
| Dominic Terence Neary | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-16 | Ceased 2020-08-31 |
Filing timeline
Last 20 of 82 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-30 RESOLUTIONS Resolution
- 2023-12-10 MA Memorandum articles
- 2023-12-10 RESOLUTIONS Resolution
- 2023-12-10 RESOLUTIONS Resolution
- 2023-12-10 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-30 | SH20 | capital | Legacy | |
| 2026-03-30 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-03-30 | CAP-SS | insolvency | Legacy | |
| 2026-03-30 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-09 | AA | accounts | Accounts with accounts type group | |
| 2025-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-31 | AA | accounts | Accounts with accounts type group | |
| 2024-12-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-07 | AA | accounts | Accounts with accounts type group | |
| 2023-12-10 | SH02 | capital | Capital alter shares subdivision | |
| 2023-12-10 | SH02 | capital | Capital alter shares consolidation | |
| 2023-12-10 | MA | incorporation | Memorandum articles | |
| 2023-12-10 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-10 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-10 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 2
- 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.