Company registration number 03914904 (England and Wales)
PRECISION THREAD ROLLING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
PRECISION THREAD ROLLING LIMITED
COMPANY INFORMATION
Directors
Mr A Parker
Mr L A Parker
(Appointed 7 November 2025)
Company number
03914904
Registered office
75-97 Walsall Road
Perry Barr
Birmingham
West Midlands
B42 1TX
Accountants
Malcolm Piper & Company Limited
Kingsnorth House
Blenheim Way
Birmingham
West Midlands
United Kingdom
B44 8LS
PRECISION THREAD ROLLING LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 7
PRECISION THREAD ROLLING LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PRECISION THREAD ROLLING LIMITED FOR THE YEAR ENDED 31 JANUARY 2026
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Precision Thread Rolling Limited for the year ended 31 January 2026 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Precision Thread Rolling Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Precision Thread Rolling Limited and state those matters that we have agreed to state to the Board of Directors of Precision Thread Rolling Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Precision Thread Rolling Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Precision Thread Rolling Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Precision Thread Rolling Limited. You consider that Precision Thread Rolling Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Precision Thread Rolling Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Malcolm Piper & Company Limited
Chartered Accountants
Kingsnorth House
Blenheim Way
Birmingham
West Midlands
B44 8LS
United Kingdom
27 April 2026
PRECISION THREAD ROLLING LIMITED
BALANCE SHEET
AS AT 31 JANUARY 2026
31 January 2026
- 2 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
23,900
4,799
Current assets
Debtors
5
14,383
51,844
Cash at bank and in hand
9,157
24,465
23,540
76,309
Creditors: amounts falling due within one year
6
(33,573)
(68,993)
Net current (liabilities)/assets
(10,033)
7,316
Net assets
13,867
12,115
Capital and reserves
Called up share capital
7
200
200
Profit and loss reserves
13,667
11,915
Total equity
13,867
12,115

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 27 April 2026 and are signed on its behalf by:
Mr A Parker
Director
Company registration number 03914904 (England and Wales)
PRECISION THREAD ROLLING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
- 3 -
1
Accounting policies
Company information

Precision Thread Rolling Limited is a private company limited by shares incorporated in England and Wales. The registered office is 75-97 Walsall Road, Perry Barr, Birmingham, West Midlands, B42 1TX.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
10% reducing balance
Fixtures and fittings
25% reducing balance
Computers
25% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

PRECISION THREAD ROLLING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 4 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

PRECISION THREAD ROLLING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

PRECISION THREAD ROLLING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 6 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
3
2
4
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 February 2025
99,875
5,432
4,726
10,751
120,784
Additions
2,837
-
0
-
0
18,995
21,832
At 31 January 2026
102,712
5,432
4,726
29,746
142,616
Depreciation and impairment
At 1 February 2025
95,841
5,326
4,180
10,638
115,985
Depreciation charged in the year
561
27
136
2,007
2,731
At 31 January 2026
96,402
5,353
4,316
12,645
118,716
Carrying amount
At 31 January 2026
6,310
79
410
17,101
23,900
At 31 January 2025
4,034
106
546
113
4,799
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
14,383
51,844
PRECISION THREAD ROLLING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 7 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
9,228
33,523
Taxation and social security
7,977
13,126
Other creditors
16,368
22,344
33,573
68,993
7
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary of £1 each
51
65
51
65
B Ordinary of £1 each
51
65
51
65
C Ordinary of £1 each
98
70
98
70
200
200
200
200

On 31 March 2025, 7 each of "A" and "B" ordinary £1 shares were redesignated as "C" ordinary £1 shares, and on 30 June 2025 a further 7 each of "A" and "B" ordinary £1 shares were redesignated as "C" ordinary £1 shares. All shares rank pari-passu in all respects except that each class of share shall be entitled to dividends on a discretionary basis as a separate class right.

8
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2026
2025
£
£
Total commitments
25,431
-
0
9
Related party transactions

During the year, total dividends of £27,000 (202 5 - £33,400) were paid to the director.

2026-01-31 2025-02-01 false false false 27 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr A Parker Mr L A Parker 03914904 2025-02-01 2026-01-31 03914904 bus:Director1 2025-02-01 2026-01-31 03914904 bus:Director2 2025-02-01 2026-01-31 03914904 bus:RegisteredOffice 2025-02-01 2026-01-31 03914904 2026-01-31 03914904 2025-01-31 03914904 core:PlantMachinery 2026-01-31 03914904 core:FurnitureFittings 2026-01-31 03914904 core:ComputerEquipment 2026-01-31 03914904 core:MotorVehicles 2026-01-31 03914904 core:PlantMachinery 2025-01-31 03914904 core:FurnitureFittings 2025-01-31 03914904 core:ComputerEquipment 2025-01-31 03914904 core:MotorVehicles 2025-01-31 03914904 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 03914904 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 03914904 core:CurrentFinancialInstruments 2026-01-31 03914904 core:CurrentFinancialInstruments 2025-01-31 03914904 core:ShareCapital 2026-01-31 03914904 core:ShareCapital 2025-01-31 03914904 core:RetainedEarningsAccumulatedLosses 2026-01-31 03914904 core:RetainedEarningsAccumulatedLosses 2025-01-31 03914904 core:ShareCapitalOrdinaryShareClass1 2026-01-31 03914904 core:ShareCapitalOrdinaryShareClass1 2025-01-31 03914904 core:ShareCapitalOrdinaryShareClass2 2026-01-31 03914904 core:ShareCapitalOrdinaryShareClass2 2025-01-31 03914904 core:ShareCapitalOrdinaryShareClass3 2026-01-31 03914904 core:ShareCapitalOrdinaryShareClass3 2025-01-31 03914904 core:ShareCapitalOrdinaryShares 2026-01-31 03914904 core:ShareCapitalOrdinaryShares 2025-01-31 03914904 core:PlantMachinery 2025-02-01 2026-01-31 03914904 core:FurnitureFittings 2025-02-01 2026-01-31 03914904 core:ComputerEquipment 2025-02-01 2026-01-31 03914904 core:MotorVehicles 2025-02-01 2026-01-31 03914904 2024-02-01 2025-01-31 03914904 core:PlantMachinery 2025-01-31 03914904 core:FurnitureFittings 2025-01-31 03914904 core:ComputerEquipment 2025-01-31 03914904 core:MotorVehicles 2025-01-31 03914904 2025-01-31 03914904 bus:OrdinaryShareClass1 2025-02-01 2026-01-31 03914904 bus:OrdinaryShareClass2 2025-02-01 2026-01-31 03914904 bus:OrdinaryShareClass3 2025-02-01 2026-01-31 03914904 bus:OrdinaryShareClass1 2026-01-31 03914904 bus:OrdinaryShareClass1 2025-01-31 03914904 bus:OrdinaryShareClass2 2026-01-31 03914904 bus:OrdinaryShareClass2 2025-01-31 03914904 bus:OrdinaryShareClass3 2026-01-31 03914904 bus:OrdinaryShareClass3 2025-01-31 03914904 bus:AllOrdinaryShares 2026-01-31 03914904 bus:AllOrdinaryShares 2025-01-31 03914904 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 03914904 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 03914904 bus:FRS102 2025-02-01 2026-01-31 03914904 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 03914904 bus:FullAccounts 2025-02-01 2026-01-31 xbrli:pure xbrli:shares iso4217:GBP