Pennyfarthing Developments Limited
03498548
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/01/2025
group
Next accounts due
31/10/2026
Confirmation statement
Last: 23/01/2026
Due 06/02/2027
Industry
Officers
director · Since 23/01/1998
BUILDER
BRITISH · UNITED KINGDOM · Age 59
Also on 20 other boards
director · Since 09/02/1998
BUILDER
BRITISH · ENGLAND · Age 83
Also on 20 other boards
director · Since 01/11/2010
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 5 other boards
Persons with Significant Control
Mr Mark Adams
British · England · Age 57
Pennyfarthing Farmhouse, New Milton, BH25 5TL
Notified 06/04/2016
Mr Daniel Adams
British · United Kingdom · Age 59
Pennyfarthing Farmhouse, New Milton, BH25 5TL
Notified 06/04/2016
Charges1 outstanding
UNITED TRUST BANK LIMITED
CompanyRankvs 18094+ SIC 41100 peers44
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to
Key FinancialsYear ending 31/01/2025
Net Worth
£23.1M
Balance sheet strength
Cash
£2.8M
Cash in the bank
Profit Before Tax
-£1.6M
Bottom line earnings
Net Current Assets
-£686k
Working capital
Current Assets
£684k
Current Liabilities
£1.4M
Fixed Assets
£521k
Debtors
£4.2M
Cost of Sales
£28.6M
Admin Expenses
£5.1M
Profit After Tax
-£1.7M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.50 | +£22.6M |
| 2024 | 0.78 | +£0 |
| 2023 | 1.09 | +£0 |
| 2022 | 1.02 | — |
Derived from filed accounts. Not audited figures.