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Penshaw Engineering Limited

04821740

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

23 HARVEY CLOSE, WASHINGTON, NE38 0AB
Incorporated 04/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Leszek Richard Litwinowicz

director · Since 29/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 12 other boards

Mr George Alan Hardman

director · Since 31/03/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 64

Mrs Casandra Hopkins

director · Since 31/03/2025

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Greenco 456 Limited

75–100% shares
75–100% votes
Appoint directors

Forward House, 17 High Street, Henley-In-Arden, B95 5AA

Reg: 16023666 · England And Wales Companies Registry · Company Limited By Shares

Notified 29/10/2024

Former PSCs

Mr Peter Jonas

Ceased 29/10/2024

Charges2 outstanding

Charge
outstanding

IGF BUSINESS CREDIT LIMITED

Created 13/11/2024Registered 13/11/2024
Charge
outstanding

IGF BUSINESS CREDIT LIMITED

Created 29/10/2024Registered 04/11/2024
charge
satisfied

BARCLAYS BANK PLC

Created 21/09/2006Registered 03/10/2006Satisfied 28/10/2024
charge
satisfied

GE CAPITAL COMMERCIAL FINANCE LIMITED

Created 12/09/2003Registered 19/09/2003Satisfied 13/08/2011

CompanyRankvs 1932+ SIC 32990 peers
73

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.74× · 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 strength23/25 pts

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

Employees14/15 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 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£92k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.7M

Current Liabilities

£1.5M

Fixed Assets

£782k

Debtors

£2.2M

38avg. employees-2

Balance Sheet

Assets less current liabilities£1.9M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.74+£96k
20241.55+£187k
20231.24+£141k
20221.14+£179k
20210.92-£59k
20201.12-£28k
20191.08

Derived from filed accounts. Not audited figures.