True Precision Engineering Limited

Active03215374 Private limited company

Incorporated: 24 June 1996 (30 years)
Industry: Machining (25620)
Directors: Scott Armstrong
Paul Musgrove
Robert Musgrove
all 5 directors
Owned by: Colin Musgrove
Accounts type: Total exemption full
Region: North East
Address: Ryton Industrial Estate
Newburn Bridge Road
Blaydon
NE21 4SQ

Filing status

Accounts due: 31 March 2027
Last accounts: 30 June 2025
Conf. stmt due: 8 July 2027
Last conf. stmt: 24 June 2026

Officers 6 active

Officer details are public data from the Companies House register.

Armstrong, Scott

Director · Appointed 6 April 2025

British

Born August 1972 (54)

Musgrove, Paul

Director · Appointed 6 April 2025

British

Born September 1982 (44)

Musgrove, Robert

Director · Appointed 6 April 2025

British

Born October 1979 (47)

Musgrove, Colin

Secretary · Appointed 25 June 1996

British

Musgrove, Colin

Director · Appointed 25 June 1996

British

Born May 1959 (67)

Musgrove, Linda

Director · Appointed 25 June 1996

British

Born May 1961 (65)

Officer history (4 former)

6 April 2025

Appointed Musgrove, Paul as Director

6 April 2025

Appointed Musgrove, Robert as Director

6 April 2025

Appointed Armstrong, Scott as Director

1 June 2024

Resigned Musgrove, David as Director

1 June 2024

Resigned Musgrove, Lynne as Director

25 June 1996

Appointed Musgrove, Colin as Secretary

25 June 1996

Appointed Musgrove, David as Director

25 June 1996

Appointed Musgrove, Linda as Director

25 June 1996

Appointed Musgrove, Lynne as Director

25 June 1996

Appointed Musgrove, Colin as Director

25 June 1996

Resigned Britannia Company Formations Limited as Corporate Nominee Secretary

25 June 1996

Resigned Deansgate Company Formations Limited as Corporate Nominee Director

24 June 1996

Appointed Britannia Company Formations Limited as Corporate Nominee Secretary

24 June 1996

Appointed Deansgate Company Formations Limited as Corporate Nominee Director

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Colin Musgrove

Individual · Notified 6 July 2017

Owns 50–75% of shares

British

Born May 1959 (67)

Financials

Balance sheet as at 30 June 2025 · total exemption full accounts

Net Assets: £588,268
Cash: £409,323
Profit: £147,860
Employees: 17

Debt Ratio: 41%
Current Ratio: 2.5x
Return on Equity: 25%

Trend

Net Assets

Balance sheet detail

	2025	2024	2023	2022	2021	2020
Fixed Assets	£277,043	£176,219	£213,347	£85,568	£103,089	£121,764
Current Assets	£715,710	£684,601	£864,677	£806,484	£792,922	£774,233
Debtors	£293,968	£228,429	£309,393	£324,440	£216,325	£237,443
Cash	£409,323	£449,467	£544,971	£476,885	£572,950	£531,605
Creditors (< 1 year)	£286,953	£237,490	£179,284	£149,668	£159,577	£160,980
Creditors (> 1 year)	£48,272	£32,407	£49,255		£0	£11,016
Net Current Assets	£428,757	£447,111	£685,393	£656,816	£633,345	£613,253
Net Assets	£588,268	£547,244	£809,297	£727,101	£718,036	£703,266
Shareholder Funds	£588,268	£547,244	£809,297	£727,101	£718,036	£703,266

Filings

Recent filings only. See the full history on Companies House

Date	Description	Made Up To
23 July 2026	Director's details changed
23 July 2026	Secretary's details changed
23 July 2026	Confirmation statement with no updates	24 June 2026
10 March 2026	Total exemption full accounts	30 June 2025
8 July 2025	Confirmation statement with updates	24 June 2025