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PRECISION TEST SYSTEMS LTD Financials

Company number
04177141Copy
Copy
Registered office
Cypress Oaks Cypress Oaks, Square Bookhams, Exeter EX6 7DL
Incorporated
12/03/2001

Company snapshot

Status
Active
Employees
2 (2026)
Latest financial data
2026
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£63.89K2026
-26.48%vs 2025

2025: £86.90K

Total Assets

£211.17K2026
138.91%vs 2025

2025: £88.39K

Total Liabilities

£147.28K2026
9.82K%vs 2025

2025: £1.48K

Employees

22026
-1vs 2025

2025: 3

In 2026, PRECISION TEST SYSTEMS LTD reported net assets of £63.89K. The same filing shows total assets of £211.17K and total liabilities of £147.28K. Reported headcount was 2 in 2026. Total Liabilities rose from £1.48K in 2025 to £147.28K in 2026 (9.82K%). Okredo holds filed figures for 2022–2026; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£63.89K2026
-26.48%from £86.90K in 2025

Year-on-year change

Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures PRECISION TEST SYSTEMS LTD filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£123.22K2024£63.89K2026
-48.2%vs 2024

-28% a year compound (CAGR)

Total Assets

£163.10K2024£211.17K2026
+29.5%vs 2024

+13.8% a year compound (CAGR)

Total Liabilities

£39.89K2024£147.28K2026
+269%vs 2024

+92.2% a year compound (CAGR)

Employees

2202422026
0%vs 2024

Biggest increase

Total Liabilities+269%

£39.89K in 2024 to £147.28K in 2026

Biggest decrease

Net Assets-48.2%

£123.22K in 2024 to £63.89K in 2026

PRECISION TEST SYSTEMS LTD's filings pull in both directions between 2024 and 2026. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PRECISION TEST SYSTEMS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
30.25%2026
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
69.75%2026
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PRECISION TEST SYSTEMS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£181.84K163.73K123.22K86.90K63.89K
Total Assets£195.21K224.16K163.10K88.39K211.17K
Cash in Bank£–––––
Total Liabilities£13.37K60.43K39.89K1.48K147.28K
Employees3–232

PRECISION TEST SYSTEMS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PRECISION TEST SYSTEMS LTD covering 2022–2026, across 4 reported indicators. The most recent reported year is 2026.

PRECISION TEST SYSTEMS LTD reported net assets of £63.89K for 2026. That compares with £86.90K in 2025, a change of -26.48%.

PRECISION TEST SYSTEMS LTD reported total assets of £211.17K for 2026. That compares with £88.39K in 2025, a change of 138.91%.

PRECISION TEST SYSTEMS LTD reported total liabilities of £147.28K for 2026. That compares with £1.48K in 2025, a change of 9.82K%.

PRECISION TEST SYSTEMS LTD reported 2 employees in 2026, compared with 3 in 2025.

Between 2024 and 2026, PRECISION TEST SYSTEMS LTD's net assets fell by 48.2%, total assets rose by 29.5%, total liabilities rose by 269% and employee numbers was unchanged. Net assets contracted at 28% a year across the two years to 2026, from £123.22K to £63.89K. Reported headcount went from 2 in 2024 to 2 in 2026.

Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.