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Precise Tax & Accountancy Limited

Accountant in Colchester CO1

Verified & RegulatedTrust Score100/100Excellent

Companies House: 090185742 Fenwick Drive, Colchester, CO1 2TNData updated 07 Jul 2026

In the local market

Precise Tax & Accountancy Limited is one of 94 accountancy practices we verify in Colchester. It advertises a wider range of services than most firms we list in Colchester.

Verified Accountants assessment

Precise Tax & Accountancy Limited is a UK limited company based in Colchester, incorporated in 2014 and trading for 12 years.

Public records confirm it is anti-money-laundering supervised by AAT, a member firm of AAT, up to date with its accounts (last filed 31 Mar 2024), and running a confirmed website. Its most recent filed accounts, for the year to 31 Mar 2024, report net assets of £8,361, up from £7,369 the year before. Its website shows it handles Self Assessment, VAT, Payroll, and Bookkeeping.

How we verify →

Verification record and Trust Score

100/100

Trust Score

Excellent
Public record
AML supervised · AAT
Active company
Filing compliant
Trading 12 years
Professional qualification
  • AAT
  • ATT
  • ICAEW
  • ACCA
Contact
Website
Phone
Email

The Trust Score is the share of the applicable public signals we have verified, scored out of 100 - fully deterministic, never subjective. How it is scored, and every signal's points →

Companies HouseActiveno. 09018574 (opens in new tab)incorporated 2014Companies House · checked 07 Jul
Registered activity
  • SIC 69201 - Accounting and auditing
  • SIC 85590
The business activity the firm registered with Companies House (its Standard Industrial Classification).Companies House · checked 07 Jul
Filing complianceAccounts filed on timelast accounts 31 Mar 2024 (opens in new tab)Companies House · checked 07 Jul
Professional bodyMember firm of AATAssociation of Accounting Technicians (AAT) is a UK professional accountancy body. Member firms must meet its qualification and conduct standards and can be disciplined by it.firm website · checked 18 Jul
Professional bodyMember firm of ATTAssociation of Taxation Technicians (ATT) is a UK professional accountancy body. Member firms must meet its qualification and conduct standards and can be disciplined by it.firm website · checked 18 Jul
Anti-money-launderingSupervised by AATAAT is one of the professional bodies approved to supervise accountants for anti-money-laundering. Every UK accountant must be supervised, by HMRC or an approved professional body, so this confirms the firm is monitored and operating legitimately.firm website · checked 18 Jul
Sources: Companies House (opens in new tab), firm website (opens in new tab)
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Good fit for

  • Handles Self Assessment, VAT, Payroll and Bookkeeping
  • Open six days a week, including Saturdays

Specialisms and services

Services
AccountantSelf AssessmentVATPayrollBookkeepingLimited company accountsCIS

Message this firm

Send an enquiry and we will pass it to Precise Tax & Accountancy Limited. No account needed - just your contact details and what you need help with.

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Addresses

Registered office Companies House
2 Fenwick Drive, Colchester, CO1 2TN
Office Google Business Profile
37 The Lindens, Loughton, IG10 3HS

The registered office is the firm's address on the Companies House register; the office is the trading address on its confirmed Google Business Profile. They can differ.

People at Precise Tax & Accountancy Limited

Directors and officers (1)

  • MOHAMED FAROOK, Mohamed FaizSecretary · since 2014

Persons with significant control (1)

  • Mr Mohamed Faiz Mohamed FarookOwns 75-100% of shares

Source: Companies House register (opens in new tab).

Financials (as filed)

Companies House filing history (opens in new tab) | 2021 to 2024
Net assets
£8.4k
as at 31 Mar 2024+£992 vs 2023
Current assets
£16k
as at 31 Mar 2024-£32k vs 2023
Average employees
2
as at 31 Mar 2024-1 vs 2023
Current assets (cash, debtors, other) and net assets by year, in £. Latest year first.
2024202320222021
CashDebtorsOtherNet assets
Full figures
As filed31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Average employees2322
Net assets£8,361£7,369£4,716£6,544
Current assets£16,014£48,327£22,830£26,071
Fixed assets£17,588£18,180£1,572£2,097
Shareholders equity£8,361£7,369£4,716£6,544

Figures as reported in this firm's accounts filed at Companies House. Net assets is total assets less what the company owes; a figure below zero means recorded liabilities exceed assets. Small companies may file abbreviated accounts that omit turnover and profit. Public record, reproduced as facts.

Timeline

  1. 2014Company incorporated
  2. 2024Latest accounts filed
  3. 2026Verified on this directory

Frequently asked questions

Is Precise Tax & Accountancy Limited a regulated accountant?

Yes. Precise Tax & Accountancy Limited is a member firm of AAT and ATT, and is supervised for anti-money-laundering by AAT. Every UK accountant must be supervised for anti-money-laundering, by HMRC or an approved professional body, so this confirms the firm is authorised to practise and monitored for compliance.

Is Precise Tax & Accountancy Limited a chartered accountant?

Precise Tax & Accountancy Limited is a member firm of AAT and ATT, a UK professional accountancy body, but it is not a chartered firm. Chartered status is conferred only by bodies such as ICAEW, ICAS or ACCA.

Where is Precise Tax & Accountancy Limited based?

Precise Tax & Accountancy Limited's registered office is 2 Fenwick Drive, Colchester, CO1 2TN, but it trades from 37 The Lindens, Loughton, IG10 3HS (from its confirmed Google Business Profile). A registered office is the address on the Companies House register and can differ from where a firm actually works.

What services does Precise Tax & Accountancy Limited offer?

Based on its own website, Precise Tax & Accountancy Limited offers Self Assessment, VAT, Payroll, Bookkeeping, Limited company accounts, and CIS. Confirm current services and availability with the firm before engaging. Message this firm →

How long has Precise Tax & Accountancy Limited been established?

Precise Tax & Accountancy Limited was incorporated at Companies House in 2014, so it has been on the register for about 12 years. A longer trading history is one sign of an established, accountable firm, though a newer firm is not necessarily less capable.

Does Precise Tax & Accountancy Limited file its accounts on time?

Yes. According to Companies House, Precise Tax & Accountancy Limited's most recent statutory accounts were filed by their due date. On-time filing is a basic sign that a company is being administered properly.

How do you verify Precise Tax & Accountancy Limited?

We build this record only from public, authoritative sources - for this firm, Companies House and firm website, and stamp every claim with its source and the date we last checked it. We show only what we can verify and say so plainly when we cannot. How we verify →

How is the Trust Score calculated?

The Trust Score is fully deterministic: fixed points for public, verified signals - an active company, anti-money-laundering supervision, filing compliance, a confirmed website and trading history. Precise Tax & Accountancy Limited scores 100/100. Nothing in the score is subjective, and every rule is listed on this page. How we verify →

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