W & K PRECISION ENGINEERING LIMITED
Company number 04795055 · Monitor this company
Executive summary
W & K Precision Engineering Limited is a small, founder-owned machining subcontractor in East Yorkshire that has experienced a sustained erosion of its financial position over the past six years, with net assets declining from £187k to under £10k. The company operates in a highly fragmented and competitive sector where ageing plant, declining headcount, and weakening working capital position it in the lower tier of UK machining SMEs. While the business remains active with a two-decade trading history, its minimal equity reserves, rising creditor balances, and lack of visible capital investment raise material concerns about its ability to compete effectively against better-capitalised regional competitors in a sector undergoing consolidation and technological advancement.
Shareholders' funds
£69,944
Balance sheet as at 2022-07-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-06-11
- Registered office
- Unit 37 Cranswick Industrial Estate, Beverley Road, Cranswick, Driffield, East Yorkshire, YO25 9QE
- Postcode
- YO25 9QE
- Capital
- 3 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-07-31
- Next due by
- 2027-04-30
- Financial year end
- 30 July
Confirmation statement
- Last statement dated
- 2026-06-11
- Next due by
- 2027-06-25
Nature of business (SIC)
- 25620 Machining
Officers 4 current · 2 resigned
Contact details
- Website
- http://www.wkprecision.co.uk
Previous registered addresses 2
| Address | Changed on |
|---|---|
| UNIT 24, CRANSWICK INDUSTRIAL ESTATE, DRIFFIELD, NORTH HUMBERSIDE, YO25 9PF | 2013-09-19 |
| MARQUESS COURT, 69 SOUTHAMPTON ROW, LONDON, WC1B 4ET | 2003-07-17 |
Competitors York
This company ranks 13 among machining in York.
The class of 2003
41%
of the 247 companies in this sector incorporated in 2003 are still active today; 56% have since been dissolved.
A fact about the year, not a forecast for this company.