SHEARLINE PRECISION ENGINEERING LIMITED
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Cash
£12k
lowest in 6 filed years
Net assets
£1.8m
lowest in 6 filed years
Employees
103
lowest in 6 filed years
Profit before tax
-£15k
Period ending 2025-04-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors recognise that due to the above circumstances, the existence of a material uncertainty which may cast significant doubt over the company's ability to continue as a going concern exists.
-
Going-concern uncertainty disclosed
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-30
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2025-04-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £8,022,555 | £6,839,032 | £7,456,930 | £7,749,412 | £8,525,128 | £10,124,824 | — | |
| Operating profit | £268,794 | £58,031 | £343,107 | £294,136 | -£54,988 | -£498,461 | — | |
| Profit before tax | £227,906 | £26,848 | £299,035 | £235,370 | -£168,311 | -£14,644 | — | |
| Net profit | — | — | — | £245,598 | -£126,522 | £121,837 | — | |
| Cash | £28,287 | £61,381 | £367,727 | £37,053 | £37,368 | £11,636 | — | |
| Total assets less current liabilities | £2,880,836 | £2,845,861 | £3,493,452 | £3,963,735 | £3,603,418 | £2,298,567 | — | |
| Net assets | £2,445,211 | £2,337,837 | £2,380,834 | £2,626,432 | £2,499,910 | £1,796,512 | — | |
| Equity | £2,445,211 | £2,337,837 | £2,380,834 | £2,626,432 | £2,499,910 | £1,796,512 | — | |
| Average employees | 128 | 112 | 113 | 112 | 110 | 103 | — | |
| Wages | £3,445,345 | £3,225,933 | £3,238,683 | £3,475,702 | £3,467,410 | £4,446,171 | — | |
| Directors' remuneration | £164,156 | £191,048 | £182,649 | £207,482 | £195,363 | £324,321 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 16 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2025-04-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.4% | 0.8% | 4.6% | 3.8% | -0.6% | -4.9% | |
| Net margin | — | — | — | 3.2% | -1.5% | 1.2% | |
| Return on capital employed | 9.3% | 2.0% | 9.8% | 7.4% | -1.5% | -21.7% | |
| Current ratio | — | — | — | 1.30x | 1.19x | 1.08x | |
| Interest cover | 6.57x | 1.86x | 7.78x | 4.99x | -0.48x | -3.00x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 4 times since incorporation
- SHEARLINE PRECISION ENGINEERING LIMITED 1981-12-31 → present
- SHEARLINE R & D LIMITED 1980-12-31 → 1981-12-31
- SHEARLINE R & D LIMITED 1977-12-31 → 1980-12-31
- T.W. WINGENT (ENGINEERING) LIMITED 1970-04-01 → 1977-12-31
- T.W. WINGENT (GLASS BLOWING TOOLS) LIMITED 1970-04-01 → 1977-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Whitings LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors recognise that due to the above circumstances, the existence of a material uncertainty which may cast significant doubt over the company's ability to continue as a going concern exists.”
Group structure
- SHEARLINE PRECISION ENGINEERING LIMITED · parent
- Hybrid Laser Tech Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JAKES, David Graham | Director | 2025-08-14 | Aug 1982 | British |
| LITTLECHILD, David Howard | Director | — | Jan 1949 | British |
| PINKHART, Jennie | Director | 2024-06-26 | Aug 1984 | English |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAMBERS, David Smith | Secretary | 1998-02-19 | 1999-11-01 |
| GAUTREY, Marion Elsie | Secretary | 1999-11-01 | 2002-08-31 |
| GOULDTHORP, Kevin | Secretary | 2002-09-01 | 2009-12-30 |
| HAYWARD-WILLIAMS, Heather | Secretary | 1992-01-01 | 1998-02-16 |
| LITTLECHILD, David Howard | Secretary | — | 1992-01-01 |
| RADFORD, Ian Peter | Secretary | 2014-06-03 | 2016-05-19 |
| COLE, Christopher | Director | 1996-04-01 | 2001-07-12 |
| GOULDTHORP, Kevin | Director | 2002-07-08 | 2009-12-30 |
| HAYWARD, Andrew Roger David | Director | 2008-10-06 | 2010-10-31 |
| HUNTER, Roger Calixto | Director | 2014-06-03 | 2016-06-30 |
| LITTLECHILD, Jon Scott | Director | 2018-09-24 | 2025-02-11 |
| MALTBY, Charles Andrew | Director | 2008-10-01 | 2011-06-30 |
| RADFORD, Ian Peter | Director | 2014-03-03 | 2016-05-19 |
| ROWE, Jonathan Patrick | Director | 2025-08-14 | 2026-03-04 |
| SEATH, Philip Andrew | Director | 2011-03-25 | 2014-01-31 |
| SMITH, Graham John | Director | 2000-04-01 | 2008-01-31 |
| WILSON, Dawn Angela | Director | 2019-03-01 | 2024-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Shearline Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 162 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-13 | AA | accounts | Accounts with accounts type full | |
| 2026-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-30 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-07 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | CH01 | officers | Change person director company with change date | |
| 2024-06-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.