MICRO PRECISION (WALES) LIMITED
Opportunity 70/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -33% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 21.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £58.7k | £63.7k |
| Current assets | £171.4k | £203.2k |
| Cash | £44.4k | £66.2k |
| Debtors | £57.3k | £37.5k |
| Net assets | £53.5k | £54.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 2 change-of-name
- • 2 change-of-name
- • 3 officers
- • 3 persons-with-significant-control
- • 2 change-of-name
Corporate timeline (27 events)Click to expand
- 2026-04-27✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2026-04-27✏️change-of-name-noticechange-of-name · CONNOT
- 2025-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-12-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-21➕LITTLE, Robert Wilson appointeddirector
- 2025-11-21➖MORRIS, Francis William resignedsecretary
- 2025-11-21➖MORRIS, Francis William resigneddirector
- 2025-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-02📄capital-cancellation-sharescapital · SH06
- 2016-12-31➖BIGGS, Gary Dean resigneddirector
- 2010-09-01➕MORRIS, Francis William appointedsecretary
- 2010-01-01➖MORRIS, Jacqueline resignedsecretary
- 2004-11-01🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2004-09-01➕BIGGS, Gary Dean appointeddirector
- 2002-09-25🏢Company incorporatedAs MICRO PRECISION (WALES) LIMITED
- 2002-09-25➕MORRIS, Jacqueline appointedsecretary
- 2002-09-25➕MORRIS, Francis William appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
2 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MORRIS, Francis William resigned 2025-11-21; MORRIS, Francis William resigned 2025-11-21
Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2026-04-27: certificate-change-of-name-company; 2026-04-27: change-of-name-notice
Group structure
Micro Precision Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Micro Precision Ltd Corporate entity | 75–100% | — | 75-100% shares | 21/11/2025 |
2 historic (ceased) PSCs
- Mr Francis William Morrisceased 21/11/2025· 50-75% shares
- Mr Andrew Willisceased 21/11/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (1 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 01/11/2004 | — |