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Penny'S News Limited

06719221

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)

Details

267 BRERETON AVENUE, CLEETHORPES, DN35 7QZ
Incorporated 09/10/2008

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Wayne Peter Lee Edwards

director · Since 09/10/2008

NEWSAGENT

BRITISH · UNITED KINGDOM · Age 50

Also on 4 other boards

Mr Stephen Raymond Duthie

director · Since 25/06/2012

NEWSAGENT

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Wayne Peter Lee Edwards

25–50% shares
25–50% votes

British · United Kingdom · Age 50

267, Brereton Avenue, Cleethorpes, DN35 7QZ

Notified 09/10/2016

Mr Stephen Raymond Duthie

25–50% shares
25–50% votes

British · England · Age 51

267, Brereton Avenue, Cleethorpes, DN35 7QZ

Notified 09/10/2016

CompanyRankvs 2066+ SIC 47110 peers
78

Financial strength83th percentile among SIC peers · 21/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.77× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£61k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£187k

Current Liabilities

£106k

Fixed Assets

£8k

Debtors

£100k

5avg. employees+1

Tax at Year End(2018)

Corp tax£5k

Balance Sheet

Assets less current liabilities£89k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.77+£11k
20231.68-£6k
20222.21+£2k
20211.40+£30k
20201.11+£11k
20191.05+£13k
20180.97

Derived from filed accounts. Not audited figures.