Penguin Solutions (Peng) Limited
03691534
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
01/03/2024
full
Next accounts due
24/08/2026
Confirmation statement
Last: 04/01/2026
Due 18/01/2027
Industry
Officers
director · Since 11/12/2024
COMPANY DIRECTOR
AMERICAN · UNITED STATES · Age 54
Also on 1 other board
Persons with Significant Control
Penguin Solutions, Inc.
C/O Walkers Corporate Limited, 190 Elgin Avenue, Grand Cayman, KY1-9008
Reg: 255221 · Cayman Islands General Registry · Exempted Company Incorporated With Limited Liability
Notified 29/08/2022
Former PSCs
Stratus Technologies Inc.
Ceased 29/08/2022
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
RMC GROUP SERVICES LIMITED
CompanyRankvs 19+ SIC 26200 peers67
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 going co
Key FinancialsYear ending 01/03/2024
Turnover
£3.0M
Annual revenue
Net Worth
£1.8M
Balance sheet strength
Cash
£1.1M
Cash in the bank
Profit Before Tax
£55k
Bottom line earnings
Net Current Assets
£1.7M
Working capital
Current Assets
£2.1M
Current Liabilities
£350k
Fixed Assets
£137k
Debtors
£1.0M
Cost of Sales
£321k
Gross Profit
£2.7M
Admin Expenses
£2.6M
Operating Profit
£55k
Profit After Tax
£21k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.91 | -£2.1M |
| 2023 | 5.43 | +£70k |
| 2022 | 9.26 | +£69k |
| 2021 | 12.78 | +£48k |
| 2020 | 9.85 | +£93k |
| 2019 | 9.04 | — |
Derived from filed accounts. Not audited figures.