Precision Tooling Services
Precision Tooling Services is a UK precision engineering firm founded in 1985 in Prestwick, Scotland, offering multi-axis CNC machining, additive manufacturing, and high-volume production for aerospace, automotive, oil & gas, nuclear, and railway customers. It operates as an Employee Ownership Trust within the Precision Tooling and Castings Group.
- Company typePrivate
- Founded1985
- HeadquartersPrestwick, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Precision Tooling Services does
Precision Tooling Services Ltd is a UK-based precision engineering company headquartered at Prestwick International Airport, Scotland, operating from a modern facility co-located within the Spirit AeroSystems building inside the Prestwick Aerospace Park. Founded in 1985, the company specializes in multi-axis CNC machining (3, 4, and 5-axis milling, turning, grinding, EDM, and ECM), additive manufacturing via Stratasys Fortus 380mc and 450mc 3D printers, and dedicated high-volume production cells, with in-house CMM inspection providing full material and component traceability. It manufactures complex components in a wide range of materials (low alloys through super alloys, nylons, and plastics) for technically demanding sectors including aerospace, automotive, oil & gas, nuclear, and railway, with a flagship automotive relationship with TURBOCAM International.
The company holds AS9100D:2016, IATF 16949:2016, BS-EN-ISO 9001:2015, and Cyber Essentials certifications, enabling it to supply tier-1 primes and to execute full method approval via APQP, PPAP, and FMEA. Its go-to-market is direct enterprise field sales, with close co-location enabling joint design, fixture design, and new product development with aerospace customers at the Prestwick Aerospace Park. Together with sister company Anderson Stewart Castings (Scotland's only industrial investment casting foundry) under the Precision Tooling and Castings Group, it offers a vertically integrated casting-to-machined-component turn-key solution.
In May 2025, the Precision Tooling and Castings Group transitioned to an Employee Ownership Trust, placing approximately 100 group employees into collective ownership, with Managing Director Peter Currie continuing during the transition alongside three named Directors Designate. Pricing is quote-based and project-specific across B2B service lines; no external funding rounds have been disclosed, and the company remains privately held with a 2040 net-zero greenhouse gas commitment across all operations.
Precision Tooling Services firmographics
Firmographics- Name
- Precision Tooling Services
- Legal name
- Precision Tooling Services Ltd
- Website
- https://precision-tooling.co.uk
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Precision Tooling Services is a UK precision engineering firm founded in 1985 in Prestwick, Scotland, offering multi-axis CNC machining, additive manufacturing, and high-volume production for aerospace, automotive, oil & gas, nuclear, and railway customers. It operates as an Employee Ownership Trust within the Precision Tooling and Castings Group.
- Ownership category
- akta.pro rank
Precision Tooling Services industry classification
Industry- Product category
- Precision Machining Services
- NAICS
- Machine Shops (332710), Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing (3327)
- SIC
- Machine Tools, Metal Cutting Types (3541)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
- akta.pro secondary industries
- Machining & Precision Finishing (CNC, Drilling, Tapping, Reaming) (IMAAAGAG), Tooling, Jigs, Fixtures & Molds for Airframe/Composite Manufacturing (IMABAEAI)
Keywords
Where Precision Tooling Services is headquartered
LocationHeadquarters
- HQ city
- Prestwick
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Precision Tooling Services business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Precision Manufacturing Services: Precision machining services across multiple sectors including CNC machining, grinding, EDM, and additive manufacturing. Full method approval via APQP, PPAP and FMEA. Supply chain from base material through to finished parts for end use.
- High Volume Production: Dedicated high-volume production cells producing batch components for automotive industry from turbo charger nozzle rings to actuator rods and bushes
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Precision Tooling Services product offering
Product offeringCore offering
Precision Tooling Services manufactures precision machined components using multi-axis CNC machining (milling, turning, grinding), EDM, ECM, and Stratasys additive manufacturing, delivered as a fully controlled turn-key solution from raw material through to finished part. The company runs dedicated high-volume production cells for batch automotive components and supplies fully traceable, certified parts into aerospace, automotive, oil and gas, nuclear, railway, and general engineering markets.
Product overview
Precision Tooling Services operates as a precision manufacturing company offering three core service lines: CNC Machining (milling, turning, grinding, EDM on multi-axis machining centres), Additive Manufacturing (3D printing with Stratasys systems across 13 materials), and High Volume Production (dedicated automotive production cells). These capabilities are delivered from a modern facility in Prestwick, Scotland, and serve demanding industry sectors including aerospace, automotive, oil & gas, nuclear, and railway.
Differentiator
Problem solved
Functional benefit
Products and services
- CNC Machining Precision CNC machining services including milling, turning, grinding, and EDM on 3, 4, and 5-axis machining centres, producing complex components in a wide range of materials from low alloys to super alloys, nylons and plastics. The service is targeted at industrial buyers in aerospace, automotive, oil and gas, nuclear, railway, and general engineering and is supported by an in-house CMM inspection team providing full traceability and documentation packs.
- Additive Manufacturing 3D printing and additive manufacturing services for precision prototypes and end-use production parts using Stratasys Fortus 380mc and 450mc printers running 13 materials including medical grade and high temperature materials, with zero FST material certified for rail and aircraft interiors and approved by Airbus. Targeted at industrial customers needing complex prototypes and end-use parts in demanding sectors.
- High Volume Production Dedicated high-volume production cells producing batch components for the automotive industry from turbo charger nozzle rings to actuator rods and bushes, with capabilities that increase net hourly output by up to 60 percent and supported by part-specific quality control plans and inspection techniques. Targeted at automotive customers needing cost-effective, reliable high-volume production.
Quantifiable outcome
- High-volume production capabilities increase net hourly output by as much as 60 percent
- +1 more outcomes
Companies that use Precision Tooling Services
Customer profileNamed customers1 record
Segments6 records
Ideal customer profiles3 records
Precision Tooling Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Precision Tooling Services partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Anderson Stewart CastingscorePart of the Precision Tooling and Castings Group (PTC Group). Anderson Stewart Castings is Scotland's only industrial investment casting foundry. Together they provide complete turn-key solutions from casting to finished precision machined components. The Group transitioned to Employee Ownership Trust securing the future for 100 employees across both companies.
- Scottish EngineeringminorWorking with Scottish Engineering and energy partners on waste heat recovery systems that recover industrial heat for internal use, cutting emissions and energy costs.
- North Ayrshire CouncilminorPartnership through Net Zero Accelerator Program including verified carbon emissions baseline, carbon reduction roadmap implementation, waste reuse and recycling systems, and on-site renewable energy planning.
- Spirit AeroSystemsminorLocated within Spirit AeroSystems facility at Prestwick International Airport, enabling close working relationships with aerospace customers based at the aerospace park.
- Crosshouse Children's FundminorCharitable partnership supporting children and their families cared for at Crosshouse and Ayrshire Maternity. Partnership established November 2021.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
Precision Tooling Services competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Precision Tooling Services social profiles
Digital presencePrecision Tooling Services compliance and trust
Trust signalCompliance4 records
Precision Tooling Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precision Tooling Services leadership team
Management profileNumber of profiles
Profiles5 records
Precision Tooling Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precision Tooling Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precision Tooling Services
What does Precision Tooling Services do?
Precision Tooling Services manufactures precision machined components using multi-axis CNC machining (milling, turning, grinding), EDM, ECM, and Stratasys additive manufacturing, delivered as a fully controlled turn-key solution from raw material through to finished part. The company runs dedicated high-volume production cells for batch automotive components and supplies fully traceable, certified parts into aerospace, automotive, oil and gas, nuclear, railway, and general engineering markets.
Is Precision Tooling Services a public or private company?
Precision Tooling Services is a private company. It is classified as management employee owned and is currently operating.
When was Precision Tooling Services founded?
Precision Tooling Services was founded in 1985. It employs 101 to 250 people.
Where is Precision Tooling Services based?
Precision Tooling Services is headquartered in Prestwick, United Kingdom, in the Europe region.
How does Precision Tooling Services make money?
Two revenue lines are on record. Precision Manufacturing Services are the primary driver. The others are high Volume Production.
Does Precision Tooling Services have an API?
No public API is recorded for Precision Tooling Services.
What industry is Precision Tooling Services in?
Precision Tooling Services's product category is Precision Machining Services. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMAAAGAG, Machining & Precision Finishing (CNC, Drilling, Tapping, Reaming). Its NAICS code is 332710 and its SIC code is 3541.