Precision Technologies
Precision Technologies International is a UK-based bespoke manufacturer of single-micron precision ground gears, splines, threads and gauges, supplying motorsport, aerospace, automotive, oil & gas, defence, medical and marine customers via direct enterprise sales.
- Company typePrivate
- Founded1965
- HeadquartersTamworth, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Precision Technologies does
Precision Technologies International Limited (PTI) is a UK-based, privately held precision engineering manufacturer founded in 1965 in Tamworth, Staffordshire, and operating today as part of the Precision Engineering Solutions (UK) Ltd Group following a 2016 management buy-in/buyout backed by Panoramic Growth Equity, Finance Birmingham and Santander. The company manufactures bespoke, single-micron precision ground gears, splines, threads and gauges on a project/quote basis, using a mature stack of CNC gear grinding (including the first Höfler Viper 500K installed in the UK in 2018), CNC gear cutting, spline shaping, wire EDM, spark erosion, jig grinding and cylindrical grinding, supported by an in-house CAD/CAM environment (AutoCAD, Pro/ENGINEER, NC Graphics, CAMTEK PEPS, Mastercam) and a UKAS ISO17025 calibration laboratory equipped with Klingelnberg, SIP 1002, Zeiss and CNC Mitutoyo metrology.
Revenue is generated from direct B2B sales of bespoke manufactured components to enterprise customers in motorsport (Formula One, MotoGP, IndyCar/IRL/CART, WRC, WEC, GT, historic racing), aerospace OEMs and Tier 1/2 suppliers (including Goodrich, Smiths and Westland), automotive manufacturers, oil & gas operators (API Spec 5B and 7B gauges), defence contractors (via JOSCAR registration across Air, Land and Sea), medical device manufacturers, and marine propulsion builders. Sales motion is direct enterprise field sales, led by technical sales directors working alongside customer design and engineering teams; pricing is quote-based with multi-year contract cadences and is not publicly disclosed. Headcount at the Tamworth headquarters is approximately 90, supplemented by the 2021-acquired Portsmouth-based subsidiary Langstone Engineering; management has publicly targeted £15 million of group turnover by 2025. Regulatory and quality certifications (ISO 9001 since 1996, UKAS ISO17025 since 1990, AS9100 Rev D since 2020, JOSCAR, API 5B/7B) constitute a substantive part of the company's go-to-market, as they are prerequisites for tier-supplier status in aerospace and defence programmes.
Precision Technologies firmographics
Firmographics- Name
- Precision Technologies
- Legal name
- Precision Technologies International Limited
- Website
- https://precisiontechnologies.co.uk
- Company type
- Private
- Founded year
- 1965
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Precision Technologies International is a UK-based bespoke manufacturer of single-micron precision ground gears, splines, threads and gauges, supplying motorsport, aerospace, automotive, oil & gas, defence, medical and marine customers via direct enterprise sales.
- Ownership category
- akta.pro rank
Precision Technologies industry classification
Industry- Product category
- Precision Engineering and CNC Gear Manufacturing
- NAICS
- Precision Turned Product Manufacturing (332721), Aerospace Product and Parts Manufacturing (33641), Hardware Manufacturing (33251)
- SIC
- Special Industry Machinery, Nec (3559), Industrial Instruments For Measurement, Display, And Control (3823), Screw Machine Products (3451)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
- akta.pro secondary industries
- Tooling, Jigs, Fixtures & Molds for Airframe/Composite Manufacturing (IMABAEAI), Machine Vision & Optical Sensing (Cameras, 3D vision, LiDAR, illumination) (IMAGAFAB)
Keywords
Where Precision Technologies is headquartered
LocationHeadquarters
- HQ city
- Tamworth
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Precision Technologies business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Others
Revenue model
- Bespoke Precision Component Manufacturing: Project-based manufacturing of custom precision gears, splines, threads, and related components for mission-critical applications. Components are produced to exact customer specifications across motorsport, aerospace, automotive, oil & gas, and defence sectors.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom project-based pricing for bespoke precision components |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Precision Technologies product offering
Product offeringCore offering
Precision Technologies is a bespoke precision engineering manufacturer that produces single micron ground gears, splines, threads, gauges and tooling for mission-critical applications. The company serves the motorsport, aerospace, automotive, oil & gas, marine, defence and medical sectors with custom-manufactured components and sub-contract CNC machining, supported by a UKAS ISO 17025 accredited inspection laboratory.
Product overview
Precision Technologies (PTI) is a precision engineering company offering high-precision, single micron ground gears, splines, and threads for mission-critical applications. Their core products include bespoke precision ground components for motorsport (Formula One, IRL, CART, A1GP, historic racing), automotive gauging (master gears, spline gauges), aerospace (gears, racks, shafts, worms), precision tooling (cold forging tooling), oil & gas thread gauges (API accredited), medical components, and sub-contract manufacturing services (CNC turning, milling, EDM, grinding). The company operates as a single unified precision engineering service with comprehensive in-house manufacturing capabilities including gear cutting, gear grinding, spline shaping, and machining, supported by a UKAS-accredited metrology laboratory.
Differentiator
Problem solved
Functional benefit
Products and services
- Precision Ground Gears, Splines & Threads High precision, single micron ground gears, splines and threads manufactured for mission-critical applications where failure is not an option, serving motorsport, aerospace, automotive, oil & gas, and defence customers.
- Motorsport Precision Components Comprehensive range of motorsport-specific precision components including splined shafts, drive shafts, flywheels, piston tooling, transmission gears, torsion bars, engine gears, dog rings, racks, pump components, and layshafts for Formula One, IRL, CART, A1GP, MotoGP and historic racing series.
- Automotive Gauging Products Specialist master gears, spline gauges, and splined work holding products for quality verification of manufactured drive components, including master gears, external and internal spline gauges, and taper spline gauges, sold to automotive manufacturers and Tier 1 suppliers.
- Aerospace Precision Components Precision ground gears, racks, precision components, shafts, gear rings, worms, and actuation parts for aerospace applications manufactured to international standards including AGMA, ISO 1328, DIN 3962, JIS, and BS 436, with AS9100 Rev D certification.
- Precision Tooling Cold forging tooling for automotive applications including CV joint punches, inner race tooling, carbide tooling, broaches, CV joint dies, synchroniser tooling, cold forming tooling, and broach rings.
- Oil & Gas Thread Gauges Specialist gauges for the oil and gas industry including threaded plug gauges, profile gauges, threaded ring gauges, and seal gauges, with API accreditation for Spec 5B and Spec 7 gauges.
- Precision Offload / Sub-Contract Manufacturing Services Full manufacturing or sub-contract processing services for external customers, including CNC turning, CNC milling, CNC EDM, CNC universal grinding, gear cutting, CNC gear grinding, CNC jig grinding, form grinding, spline cutting, spline grinding, super finishing, and vibratory finishing.
- Medical Precision Components Medical implant tooling and measuring devices produced to individual customer specifications, including prototypes, development batches for capability trials, and serial production, supplied to medical device manufacturers.
Quantifiable outcome
- Components produced to DIN quality 3 or equivalent (0.2 to 12 module gears)
- +2 more outcomes
Companies that use Precision Technologies
Customer profileNamed customers9 records
Segments7 records
Ideal customer profiles5 records
Precision Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Precision Technologies partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Langstone EngineeringcorePortsmouth-based mould tool, precision engineering and design specialist that became part of the Precision Engineering Solutions Group in 2021. Expands group capabilities and presence.
- In-Comm TrainingminorTraining provider partnership for apprenticeship programmes. Collaborates with Precision Technologies to identify and develop engineering talent.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Precision Technologies competitors and assessment
Company assessmentDirect peers
- Adelphi Transmissions: UK-based contract manufacturer of precision gears, gearboxes, and transmission components serving aerospace, defence, motorsport and industrial customers. Closest direct peer to PTI by product (precision gears/splines), customer segments (motorsport, aerospace), and bespoke project-based business model.
- HPC Gears: UK precision gear manufacturer producing custom spur, helical, bevel and worm gears plus gearboxes. Comparable to PTI in serving demanding end markets with low-volume, high-precision bespoke gearing, including motorsport and aerospace applications.
- Holroyd Precision (PTG Group): UK precision gear manufacturer specialising in high-precision worm gears, screw gears and rotor screws. Competes with PTI in the niche of precision gearing for aerospace, defence and industrial customers, with similar focus on tight tolerances and certified quality systems.
- Wallwork Group: UK-based contract heat treatment and precision engineering services group serving aerospace, motorsport, defence and medical sectors. Comparable to PTI as a UK contract precision engineering supplier to similar regulated end markets.
- Produmax: UK precision machining company providing CNC milling, turning, EDM and gear cutting for aerospace, defence and medical sectors. Direct peer in precision contract machining serving regulated, mission-critical applications.
- AB Precision Engineering: UK precision engineering firm offering CNC machining, grinding and gear manufacturing for aerospace, defence and motorsport. Closely comparable to PTI on customer base, regulatory certifications and bespoke service model.
Broad incumbents
- Renold plc: UK-listed power transmission and gear manufacturer with broad industrial focus. Larger incumbent in the same precision gear space, but PTI's bespoke, sub-£15m scale and motorsport focus contrasts with Renold's higher-volume industrial customer base.
- David Brown Gear Systems: Global gear manufacturer with industrial focus on heavy-duty gear systems for mining, defence and industrial applications. Larger incumbent operating broadly in precision gearing, but at much larger scale and on series production rather than bespoke low-volume runs.
- Sandvik Machining Solutions: Global leader in metal cutting tools and CNC machining solutions. Adjacent incumbent in CNC machining — supplies tooling and digital machining solutions to contract manufacturers like PTI but does not itself produce custom gears.
Others
- Gleason Corporation: Global supplier of gear manufacturing machinery, gear design software and metrology. Not a contract competitor to PTI but supplies the type of CNC gear grinding, cutting and inspection equipment (e.g., Klingelnberg-style systems) used in PTI's operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Precision Technologies social profiles
Digital presencePrecision Technologies compliance and trust
Trust signalCompliance6 records
Precision Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precision Technologies leadership team
Management profileNumber of profiles
Profiles8 records
Precision Technologies subsidiaries and ownership
Company hierarchySubsidiaries1 record
Precision Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precision Technologies M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precision Technologies
What does Precision Technologies do?
Precision Technologies is a bespoke precision engineering manufacturer that produces single micron ground gears, splines, threads, gauges and tooling for mission-critical applications. The company serves the motorsport, aerospace, automotive, oil & gas, marine, defence and medical sectors with custom-manufactured components and sub-contract CNC machining, supported by a UKAS ISO 17025 accredited inspection laboratory.
Is Precision Technologies a public or private company?
Precision Technologies is a private company. It is classified as private equity controlled and is currently operating.
When was Precision Technologies founded?
Precision Technologies was founded in 1965. It employs 1 to 10 people.
Where is Precision Technologies based?
Precision Technologies is headquartered in Tamworth, United Kingdom, in the Europe region.
How does Precision Technologies make money?
One revenue line is on record: bespoke Precision Component Manufacturing.
Who are Precision Technologies's main competitors?
Direct peers on record are Adelphi Transmissions, HPC Gears, Holroyd Precision (PTG Group), Wallwork Group, Produmax and AB Precision Engineering. Broad incumbents are Renold plc, David Brown Gear Systems and Sandvik Machining Solutions. Gleason Corporation is listed as an others.
Does Precision Technologies have an API?
No public API is recorded for Precision Technologies.
What industry is Precision Technologies in?
Precision Technologies's product category is Precision Engineering and CNC Gear Manufacturing. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMABAEAI, Tooling, Jigs, Fixtures & Molds for Airframe/Composite Manufacturing. Its NAICS code is 332721 and its SIC code is 3559.