Penn Elcom Limited
04768848
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 18/05/2026
Due 01/06/2027
Industry
Officers
director · Since 11/06/2003
GROUP MANAGING DIRECTOR
BRITISH · UNITED STATES · Age 64
Also on 4 other boards
director · Since 11/06/2003
CHAIRMAN
BRITISH · ENGLAND · Age 79
Also on 5 other boards
director · Since 06/02/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Former
corporate nominee secretary · Resigned 11/06/2003
corporate nominee director · Resigned 11/06/2003
director · Resigned 18/04/2006
secretary · Resigned 31/05/2011
director · Resigned 06/08/2023
Persons with Significant Control
Roger Peter Willems
British · England · Age 79
1st Floor, Sackville House, London, EC3M 6BN
Notified 06/04/2016
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
1ST FLOOR SACKVILLE HOUSE
LONDON
CompanyRankvs 78+ SIC 70100 peers69
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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 31/12/2024
Turnover
£23.8M
Annual revenue
Net Worth
£17.9M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Profit Before Tax
£736k
Bottom line earnings
Net Current Assets
£14.2M
Working capital
Current Assets
£25.0M
Current Liabilities
£10.7M
Fixed Assets
£4.4M
Debtors
£18.0M
Cost of Sales
£17.7M
Gross Profit
£6.1M
Admin Expenses
£6.9M
Operating Profit
£514k
Profit After Tax
£612k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.33 | +£612k |
| 2023 | 2.24 | — |
Derived from filed accounts. Not audited figures.