Penon Partnership Limited
04993121
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 23/10/2025
Due 06/11/2026
Industry
Officers
Persons with Significant Control
Dr Neil Graham Baxter
British · United Kingdom · Age 63
14, Park View, Morpeth, NE65 9DQ
Notified 01/12/2016
Mrs Louise Susan Baxter
British · United Kingdom · Age 62
14, Park View, Morpeth, NE65 9DQ
Notified 01/12/2016
CompanyRankvs 68684+ SIC 70229 peers58
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
£2
Balance sheet strength
Cash
£129k
Cash in the bank
Net Current Assets
£110k
Working capital
Current Assets
£132k
Current Liabilities
£22k
Debtors
£3k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.99 | — |
| 2024 | 7.30 | — |
| 2023 | 8.57 | — |
| 2022 | 12.26 | -£43k |
| 2021 | 14.86 | — |
Derived from filed accounts. Not audited figures.