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Pennine Systems Limited

03039549

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

FORVIS MAZARS LLP, LONDON, EC4M 7AU
Incorporated 29/03/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Sylvia Torr

director · Since 20/06/1995

SALES ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 79

Also on 31 other boards

Mr Ian Torr

director · Since 01/06/1997

MANAGER

BRITISH · ENGLAND · Age 81

Also on 9 other boards

Mrs Sylvia Torr

secretary · Since 19/02/2003

BRITISH · UNITED KINGDOM · Age 79

Also on 31 other boards

Persons with Significant Control

Mr Ian Torr

Significant control

British · England · Age 81

Forvis Mazars Llp, 30 Old Bailey, London, EC4M 7AU

Notified 06/04/2016

Charges2 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 29/03/2022Registered 04/04/2022Satisfied 24/07/2024
Charge
outstanding

SCOTTISH WIDOWS TRUSTEES LIMITED, IAN TORR ANDSYLVIA TORR AS TRUSTEES OF THE B.T. TECHNICAL SYS

Created 08/08/2017Registered 10/08/2017
charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 20/06/2008Registered 24/06/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 31/10/2000Registered 08/11/2000Satisfied 13/07/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/07/1996Registered 18/07/1996Satisfied 14/07/2017
charge
satisfied

TORMEN LIMITED AND MASTERPEACE PRODUCTS LIMITED

Created 17/07/1995Registered 20/07/1995Satisfied 21/05/1996
charge
satisfied

TORMEN LIMITED AND MASTERPEACE PRODUCTS LIMITED

Created 17/07/1995Registered 20/07/1995Satisfied 21/05/1996
charge
satisfied

STUART KITSON AND PETER HOPWOOD

Created 07/07/1995Registered 14/07/1995Satisfied 22/04/1997

CompanyRankvs 15+ SIC 25990 peers
36

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.97× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2020

Net Worth

£421k

Balance sheet strength

Cash

£173k

Cash in the bank

Net Current Assets

£539k

Working capital

Current Assets

£1.1M

Current Liabilities

£557k

Fixed Assets

£64k

Debtors

£477k

40avg. employees

Balance Sheet

Assets less current liabilities£603k
Signed by 2019-07-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20201.97+£3k
20191.49-£63k
20181.40

Derived from filed accounts. Not audited figures.