Precision Blast Systems Ltd

Reference number: 989704

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Introducer appointed representative

This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.

What does this mean?
  • An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own.
  • Precision Blast Systems Ltd (FRN 989704) introduces customers to Kennet Equipment Leasing Limited (FRN 676024). Any regulated advice or arranging is done by the principal, not Precision Blast Systems.
  • Example: if Precision Blast Systems refers you to a financial adviser, the advice should come from the principal firm, not from Precision Blast Systems itself.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When precisionblastsystems.co.uk first appeared online, and whether it can receive email
  • What kind of line 01262 420296 is
  • Who else gives the postcode YO25 4XB
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Kennet Equipment Leasing Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company name
PRECISION BLAST SYSTEMS LIMITED
Company status
Active
Company type
Private limited company
Incorporated
8 January 2013 (13 years old)
Registered office
Regents Court, Princess Street, Hull, East Yorkshire, HU2 8BA
Nature of business
  • Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified (SIC 77390)

Directors and company secretaries

Name Role Born Appointed Other companies
George Bastiman Director Sep 1992 3 Apr 2025 2 other companies

Other companies run by its director

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
2
closed down
1
still active
1

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 January 2026Small company accountsNot audited

Net assets

£206k

+34% from £154k

Cash at bank

£94.9k

−22% from £122k

Employees (average)

2

Same as 2

Owed within a year

£162k

+58% from £103k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2020 to 2026
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 08352428. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Precision Blast Systems’s history from the FCA register and Companies House, newest first.

2025

3 April 2025

  • Board replaced: both directors left and a new director took over
  • Bastiman Holdings Ltd took control (75–100% of shares)
  • Ian Michael Simmonds gave up control

Companies House

2023

10 January 2023

  • Became an introducer appointed representative

FCA register

2016

6 April 2016

  • Ian Michael Simmonds took control (75–100% of shares)

Companies House

2013

8 January 2013

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (6 shown here)
  • Every director appointment and resignation: 5
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Firms like Precision Blast Systems

Other firms of the same type (credit broker), nearest first.

In Driffield

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Precision Blast Systems

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 11 events in its history

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Frequently asked questions about this firm

Is Precision Blast Systems Ltd FCA authorised?
Precision Blast Systems Ltd (FRN 989704) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does introducer appointed representative mean for Precision Blast Systems?
An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own. Precision Blast Systems Ltd (FRN 989704) introduces customers to Kennet Equipment Leasing Limited (FRN 676024). Any regulated advice or arranging is done by the principal, not Precision Blast Systems. Example: if Precision Blast Systems refers you to a financial adviser, the advice should come from the principal firm, not from Precision Blast Systems itself. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is Precision Blast Systems’ phone number and website?
The FCA register lists the phone number 01262 420296 and the website precisionblastsystems.co.uk for Precision Blast Systems. If you were given different contact details, use these to check with the firm before going any further.
Is Precision Blast Systems a scam or clone?
Precision Blast Systems is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Precision Blast Systems?
Protection works through Kennet Equipment Leasing Limited, the principal firm responsible for Precision Blast Systems's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Precision Blast Systems?
Precision Blast Systems is owned by Bastiman Holdings Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 3 April 2025. Before that, it was controlled by Mr Ian Michael Simmonds.
Who runs Precision Blast Systems?
Companies House lists one director of Precision Blast Systems: George Bastiman.
How long has Precision Blast Systems been in business?
The company was formed on 8 January 2013.
What do Precision Blast Systems’ latest accounts show?
Its latest accounts, to 31 January 2026, show net assets of £206k (+34% from £154k) and cash at bank of £94.9k (−22% from £122k).

Sources and links

The full report on Precision Blast Systems Ltd

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