TURNSPEED PRECISION ENGINEERING COMPANY LIMITEDActive

Company number 01506978Private limited companyIncorporated 1980

Key figures

£7,519,079+3.1%
Net assets 2024/25
+3.1%
Average annual growth 2023/24–2024/25
02 m4 m6 m8 m2023/242024/25

Ratios

2024/25
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
05 m10 m15 m2023/242024/25

Dividends

from the accounts
2024/25

Dividends paid in the financial year: £196,000 (46% of the profit for the year).

History
2024/25£196,000
2023/24£185,000
Filed accounts2023/24–2024/25
2023/242024/25
Turnover—8,739,324
Profit for the year678,079425,561
Cash at bank and in hand897510
Total assets14,307,114—
Total liabilities5,312,445—
Net assets / total equity7,289,5187,519,079
Average number of employees6363
Average pay (per year)41,379—
Dividends paid185,000196,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

The principal activity of the company continued to be that of precision light engineers.

As described in the company's latest filed accounts.

Summary: TURNSPEED PRECISION ENGINEERING COMPANY LIMITED

Company

TURNSPEED PRECISION ENGINEERING COMPANY LIMITED is a private limited company registered with Companies House under company number 01506978. It was incorporated on 10 Jul 1980. Its status is active. The registered office is in Yeovil (BA22). Its nature of business (SIC 2007) is treatment and coating of metals (25610), other engineering activities (71129).

Accounts

The latest accounts in the database are for 2024/25 (period ending 31 Jul 2025); the company files full accounts. Turnover was £8,739,324. Profit for the year was £425,561. Net assets were £7,519,079, up 3.1% on the previous year. Cash at bank and in hand was £510. The company had an average of 63 employees. Figures are available for 2 financial years (2023/24–2024/25).

Control and charges

One person with significant control is registered. 3 of 7 registered charges are outstanding.

Filing deadlines

The next accounts are due by 30 Apr 2027. The next confirmation statement is due by 15 Jun 2027.