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Penn Global Limited

07398254

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

MACHINE WORKS HOUSE, HAYES, UB3 1FD
Incorporated 06/10/2010

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/10/2025

Due 18/10/2026

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Bhinder Singh Purewal

director · Since 06/10/2010

PHARMACIST

BRITISH · ENGLAND · Age 74

Also on 27 other boards

Persons with Significant Control

Mr Bhinder Singh Purewal

25–50% shares
25–50% votes

British · England · Age 74

Machine Works House, 5 Pressing Lane, Hayes, UB3 1FD

Notified 06/04/2016

Mrs Mohinder Kaur Purewal

25–50% shares
25–50% votes

British · United Kingdom · Age 70

Machine Works House, 5 Pressing Lane, Hayes, UB3 1FD

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 16/10/2015Registered 17/10/2015Satisfied 05/09/2017
Charge
satisfied

BARCLAYS BANK PLC

Created 13/08/2015Registered 21/08/2015Satisfied 05/09/2017

CompanyRankvs 36385+ SIC 41100 peers
55

Financial strength6th percentile among SIC peers · 2/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.95× · 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 strength2/25 pts

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

Employees7/15 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 31/03/2025

Net Worth

-£94k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.9M

Current Liabilities

£1.5M

Fixed Assets

£251k

1avg. employees

Balance Sheet

Assets less current liabilities£1.6M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.95+£63k
20241.83-£43k
20232.32-£124k
20222.39-£99k
20212.56+£135k
20200.03-£21k
20192.38

Derived from filed accounts. Not audited figures.