PRECISION ENGINEERING GROUP LTD

🌿Early-stageactive
SC778785 · ltd · incorporated 2023-08-11
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2025
Net worth
£81.5k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £81,506

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£82k
↑ 4075200% YoY
Current Assets
£81k
↑ 592% YoY
Current Liabilities
£0£16k£33k£49k£65k£82kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-08-312024-08-31
Total assets£81.5k£722
Current assets£81.1k£11.7k
Net assets£81.5k£2

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-08-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-08-11
    🏢
    Company incorporated
    As PRECISION ENGINEERING GROUP LTD
  5. 2023-08-11
    FORBES, Billy Scott appointed
    director
  6. 2023-08-11
    TAYLOR, Tom appointed
    director
  7. 2023-08-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Billy Scott Forbes
Individual · Scottish · DOB 02/1996 · age 30
2550%
25–50%25-50% shares · 25-50% voting11/08/2023
Mr Tom Taylor
Individual · English · DOB 01/1993 · age 33
2550%
25–50%25-50% shares · 25-50% voting11/08/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Professional services · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
P & G FINANCE LTD
SC722298 · est 2022 · no financials extracted
4y
PAR LAW LIMITED
SC838676 · est 2025 · no financials extracted
1y
PAUL W JOHNSON CONSULTANCY LTD.
SC307107 · est 2006 · no financials extracted
19y
PQ GLOBAL CONSULTANCY LTD
SC818146 · est 2024 · no financials extracted
1y
PRO ENERGY RESOURCES LIMITED
SC616474 · est 2018 · no financials extracted
7y
PROSAFETY TRAINING & CONSULTANCY LIMITED
SC418739 · est 2012 · no financials extracted
14y
PROTEM BILCOF LIMITED
SC726470 · est 2022 · no financials extracted
4y
QUEST (SCOTLAND) LIMITED
SC245079 · est 2003 · no financials extracted
23y
QUEST ADVANTAGE LIMITED
SC218699 · est 2001 · no financials extracted
24y
QUIN SOLUTIONS LTD
SC591543 · est 2018 · no financials extracted
8y
R2H LIMITED
SC727158 · est 2022 · no financials extracted
4y
RAD CORPORATE LIMITED
SC301704 · est 2006 · no financials extracted
19y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒Advanced scoring suite

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

Statusactive
Typeltd
Incorporated2023-08-11
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Coast Business Centre 11 Ainslie Street
West Pitkerro Industrial Estate
Dundee
DD5 3RR
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10

Officers (2 active · 0 resigned)

FORBES, Billy Scott
director · ~30y · appointed 2023-08-11
View their other companies + combined net worth →
Active
TAYLOR, Tom
director · ~33y · appointed 2023-08-11
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (6 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-14
incorporation-company
incorporation · NEWINC
2023-08-11