Precision Industrial Services Limited
Registered name: PRECISION INDUSTRIAL SERVICES LIMITED
Part of Precision Ni Holdings Ltd groupPrecision Industrial Services Limited made £11m revenue and £346k profit in the year to 31 Dec 2025. read from filing text
Precision Industrial Services Limited’s revenue grew 52% to £11m in the year to 31 Dec 2025, with £346k profit and 182 employees. The company is classified under “combined facilities support activities” and is based in Eglinton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Eglinton, Northern Ireland
- Age
- 27 yrs · since 1999
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Th”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £6.6m | £6.7m | £7.3m | £11m |
| Cost of sales | £5m | £5.2m | £5.9m | £9.6m |
| Gross profit | £1.6m | £1.5m | £1.3m | £1.5m |
| Operating profit | £440k | £314k | £262k | £459k |
| Profit before tax | £413k | £273k | £235k | £466k |
| Profit after tax | £338k | £182k | £176k | £346k |
| Profit (best available) | £338k | £182k | £176k | £346k |
| Staff costs | £4.3m | £4.3m | £4.6m | £4.4m |
| Employees (average) | 180 | 178 | 185 | 182 |
| Ratios | ||||
| Profit margin | 5.1% | 2.7% | 2.4% | 3.1% |
| Gross margin | 24.4% | 22.5% | 18.1% | 13.3% |
| Revenue per employee | £36.8k | £37.8k | £39.2k | £60.6k |
| Profit per employee | £1.9k | £1k | £949 | £1.9k |
| Cash conversion | −85% | −386.5% | −313.4% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲1.5% | ▲8% | ▲52% |
| Profit growth | — | ▼46.1% | ▼3.6% | ▲97.3% |
| Headcount growth | — | ▼1.1% | ▲3.9% | ▼1.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £59.3k | £778k | £1.1m | £681k |
| Net assets | £3m | £3.2m | £3.3m | £3.6m |
| Fixed assets | £1.3m | £1.3m | £1.3m | £1.6m |
| Current assets | £4.7m | £4.1m | £4.5m | £4.7m |
| Debtors | £1.7m | £1m | £1.2m | £1.3m |
| Deferred income | £404k | £442k | £220k | £220k |
| Cash from operations | −£374k | −£1.2m | −£822k | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 3.1%
- Profit ÷ revenue.
- Gross margin
- 13.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £60.6k
- Revenue ÷ average employees.
- Profit per employee
- £1.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲9%
- Now £3.6m
- Cash at bank
- ▼36%
- Now £681k
- Headcount
- ▼2%
- Now 182
- Deferred income
- 0%
- Now £220k
- Fixed assets
- ▲17%
- Now £1.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Precision Ni Holdings Ltdultimate parent75–100%
- Precision Industrial Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Precision Mechanical Contractors LtdFigures not disclosed
- Steam & Generation Services (Ni) LtdFigures not disclosed
Sister companies (2)
- Precision Processing Services LimitedFigures not disclosed
- Specialised Electronic Services LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £346k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.