PRECISION TEST SYSTEMS LTD Financials
- Company number
- 04177141CopyCopy
- 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
2025: £86.90K
Total Assets
2025: £88.39K
Total Liabilities
2025: £1.48K
Employees
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
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
-28% a year compound (CAGR)
Total Assets
+13.8% a year compound (CAGR)
Total Liabilities
+92.2% a year compound (CAGR)
Employees
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.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 181.84K | 163.73K | 123.22K | 86.90K | 63.89K |
| Total Assets£ | 195.21K | 224.16K | 163.10K | 88.39K | 211.17K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 13.37K | 60.43K | 39.89K | 1.48K | 147.28K |
| Employees | 3 | – | 2 | 3 | 2 |
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.