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Penlaw Norfolk Limited

05143295

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

16 ADSETTS HOUSE, SHEFFIELD, S9 1XH
Incorporated 02/06/2004

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/08/2025

Due 07/09/2026

On track

Industry

46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Mr Ian Jackson

director · Since 01/09/2024

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 47

Also on 235 other boards

Persons with Significant Control

Sig Trading Limited

75–100% shares

Adsetts House, 16 Europa View, Sheffield, S9 1XH

Reg: 01451007 · Companies House · Limited By Shares

Notified 26/10/2021

Former PSCs

Richard James Gray

Ceased 26/10/2021

G & G Management (Norwich) Limited

Ceased 27/05/2021

Penlaw & Company Limited

Ceased 26/10/2021

Charges0 outstanding

Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD · HSBC ASSET FINANCE (UK) LTD

Created 15/06/2016Registered 15/06/2016Satisfied 02/08/2021
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 13/01/2012Registered 17/01/2012Satisfied 13/07/2023
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 24/06/2011Registered 28/06/2011Satisfied 13/07/2023
charge
satisfied

HSBC BANK PLC

Created 13/01/2011Registered 14/01/2011Satisfied 07/08/2023
charge
satisfied

HSBC BANK PLC

Created 01/10/2004Registered 09/10/2004Satisfied 07/08/2023
charge
satisfied

HSBC BANK PLC

Created 05/10/2004Registered 08/10/2004Satisfied 18/02/2021

CompanyRankvs 353+ SIC 46730 peers
67

Financial strength84th percentile among SIC peers · 21/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.19× · 12/20
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 strength21/25 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.

Liquidity12/20 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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations

Key FinancialsYear ending 31/12/2021

Turnover

£10.7M

Annual revenue

Net Worth

£638k

Balance sheet strength

Cash

£140k

Cash in the bank

Profit Before Tax

£232k

Bottom line earnings

Net Current Assets

£525k

Working capital

Current Assets

£3.2M

Current Liabilities

£2.7M

Fixed Assets

£138k

Debtors

£2.4M

Cost of Sales

£9.2M

Gross Profit

£1.5M

Admin Expenses

£581k

Profit After Tax

£171k

18avg. employees+2

People Costs

Wages & salaries£514k
NI contributions£95k

Balance Sheet

Assets less current liabilities£663k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20211.19-£645k
20201.17+£99k
20191.10+£188k
20181.05

Derived from filed accounts. Not audited figures.