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PRECISION THREAD ROLLING LTD

Company
PRECISION THREAD ROLLING LTD (03914904)

PRECISION THREAD ROLLING

Phone: 01214 220 550
A⁺ rating

ABOUT PRECISION THREAD ROLLING LTD

The payroll service is a vital, but often time consuming part of any company. At JLP Payroll Services, we are dedicated to providing a Quick, Efficient and Accurate out-sourced payroll service to our clients, a service that’s more important than ever to our clients with HMRC’s introduction of

With over 20 years experience of running company payrolls of all types and sizes, we can take control of your entire payroll operation, enabling you to get on with what you do best: running your business.

Departmental breakdowns provided

Payslips: production of and distribution to each employee

PAYE registration: any new clients that we take on who are new employers, we register the business for PAYE on their behalf.

Once everything is set up, it’s very simple. All you need to do is ‘phone, fax or email your monthly hours through to us, and we do the rest. If you wish, we can design a bespoke spreadsheet for you with all the standard information on it, i.e. name, salary, pay rate etc., with further columns for bonuses, holiday pay, expenses, commission etc., where you just input anything that isn’t part of your employees’ normally monthly salary. Then, once we receive your payroll information for the month we import it straight in to our system, ready for processing.

Provide you with the PAYE for each month or quarter

are detailed and complicated. All companies need to put a plan in place, and we can help, from finding out your incorporation date and dealing with your automatic enrolment which is required at least 4 months prior to commencement. We keep all of our clients up to date with the implementation date, whilst our system generates all the reports for companies to balance off the figures to be paid over each month for employees and employers.

Employment Law is constantly changing and many consider it something of a minefield, often just hoping that they are doing things correctly. This can lead to big problems such as costly employment tribunals. In this area, the only way is the right way, which is where we can help.

Grievances: if any grievances arise with an employee, we guide you all the way through the process in order to protect your client and the employee, so that the grievance can be dealt with amicably. We will advise you on the correct procedures, step by step, and produce any written warnings or confirm any necessary documentation, as required.

RTI was a requirement for all SMEs from 1st April 2013, with larger businesses coming on board later in the year, and it’s down to you to make sure your business is ready for it.

What does RTI mean for my business’s payroll?

RTI represents a major shift for payroll operations, and has been described as “the biggest change since the introduction of PAYE in 1944.” HMRC will be doling out hefty fines for non-compliant businesses, so it is important that you made sure your business, if it is a non-exempt SME, was ready by 1st April 2013. Whatever your type of business, you must be ready by April 2014, when all exemptions run out.

JLP Payroll Services can help

so you can get on with running your business.

We set up our company in 2006 and for 12 months struggled with the monthly chore of running our own payroll service. This meant calculating wages, maternity and sick pay entitlements and the tax owed to the Inland Revenue ourselves. In the April returns to the Inland Revenue I spent over a day trying to get all the numbers to add up! Hence, when I was approached by JLP Payroll Services in 2007, I was keen to trial an outsourced payroll bureau.

Workplace Pensions are with us and here to stay! If you are struggling to set them up, read on. We can help.

Employees do not have to pay into a Workplace Pension – they can opt-out from doing so – but as an employer you have to enrol those employees who fit the above criteria in a Workplace Pension Scheme (even those who go on to opt out), which is why this is called Automatic Enrolment.

One thing is for certain, and that is there will be plenty of work for you to do to prepare for your own company’s Workplace Pension Scheme. Remember that this is Pensions – so nothing is as straightforward as it should be! That’s where we, at JLP, come in.

Department) is here to take the strain for you and help you all along the way.

How can JLP help with your Workplace Pension Scheme?

We will build a programme for the entire process, including recommending a Pension Provider.

The programme building, and all the things you need to do, is listed below, and starts off with us checking the staging date for the commencement of your company’s Workplace Pension. The Pensions Regulator recommends that every employer should factor in a ‘run-in’ period of 12 to 18 months before their scheme implementation date. This may seem excessive but experience tells us that whilst 18 months is good practice, periods of less than 12 months can easily become problematic.

You will see that there is a lot to do, so make early contact with us and with your Company’s existing professional advisers to help you sort it out!

We can help you to avoid the hassles of Human Resources so that you can focus on running your company.

The RTI payroll system started in 2013, with businesses employing under 50 staff needing to comply by April 2014.

RTI can be complex and time consuming, with fines if you get it wrong. We can help and take the worry off your shoulders.

Completing P11D forms can be just as time consuming as the payroll or Human Resource issues can be. We can help.

All UK companies must provide their employees with a workplace pension, and it started in November 2013 for large companies.

Smaller companies must start the process in 2014. We can help by putting a programme in place for the entire process.

We provide a quick, efficient and accurate outsourced payroll, HR, P11D and bookkeeping service. So, if you are interested in outsourcing any of these, we would love to hear from you.

KEY FINANCES

Year
2017
Assets
£34.92k ▼ £-9.77k (-21.86 %)
Cash
£9.51k ▼ £-7.06k (-42.62 %)
Liabilities
£28.61k ▲ £28.12k (5,810.74 %)
Net Worth
£6.31k ▼ £-37.89k (-85.73 %)

REGISTRATION INFO

Company name
PRECISION THREAD ROLLING LTD
Company number
03914904
Status
Active
Categroy
Private Limited Company
Date of Incorporation
27 Jan 2000
Age - 25 years
Home Country
United Kingdom

CONTACTS

Website
www.jlpayroll.co.uk
Phones
01214 220 550
01214 229 069
Registered Address
75-97 WALSALL ROAD,
PERRY BARR,
BIRMINGHAM,
B42 1TX

ECONOMIC ACTIVITIES

25940
Manufacture of fasteners and screw machine products

LAST EVENTS

31 Jan 2017
Confirmation statement made on 27 January 2017 with updates
21 Nov 2016
Total exemption small company accounts made up to 31 January 2016
02 Feb 2016
Annual return made up to 27 January 2016 with full list of shareholders Statement of capital on 2016-02-02 GBP 200

See Also


Last update 2018

PRECISION THREAD ROLLING LTD DIRECTORS

Andrew Parker

  Acting PSC
Appointed
27 January 2000
Occupation
Engineer
Role
Director
Age
69
Nationality
British
Address
75-97 Walsall Road, Perry Barr, Birmingham, B42 1TX
Country Of Residence
United Kingdom
Name
PARKER, Andrew
Notified On
6 April 2016
Nature Of Control
Ownership of shares – 75% or more

Jennifer Jane Parker

  Resigned
Appointed
27 January 2000
Resigned
31 December 2013
Role
Secretary
Address
75-97 Walsall Road, Perry Barr, Birmingham, B42 1TX
Name
PARKER, Jennifer Jane

SWIFT INCORPORATIONS LIMITED

  Resigned
Appointed
27 January 2000
Resigned
27 January 2000
Role
Nominee Secretary
Address
26 Church Street, London, NW8 8EP
Name
SWIFT INCORPORATIONS LIMITED

REVIEWS


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Excellent according to the company’s financial health.