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Pencom Engineering Limited

04551799

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

BUILDING 63 BAY 4 THIRD AVENUE, KINGSWINFORD, DY6 7XU
Incorporated 02/10/2002

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

25940
Manufacture of fasteners and screw machine products

Officers

Paul Cooper

secretary · Since 02/10/2002

EUROPEAN GM

BRITISH

William Gardiner

director · Since 02/10/2002

PRESIDENT

AMERICAN · UNITED STATES · Age 76

Persons with Significant Control

Mr William Gardiner

75–100% shares

American · United States · Age 76

Building 63 Bay 4 Third Avenue, Kingswinford, DY6 7XU

Notified 06/04/2016

CompanyRankvs 38+ SIC 25940 peers
73

Financial strength91th percentile among SIC peers · 23/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 13.97× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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

Going concern doubt: -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 director with respect to g

Key FinancialsYear ending 31/12/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£410k

Cash in the bank

Profit Before Tax

£70k

Bottom line earnings

Net Current Assets

£2.3M

Working capital

Current Assets

£2.4M

Current Liabilities

£174k

Fixed Assets

£11k

Debtors

£1.6M

Cost of Sales

£1.0M

Admin Expenses

£1.1M

Profit After Tax

£53k

7avg. employees+1

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
202413.97
202322.17
202210.85

Derived from filed accounts. Not audited figures.