Penn Globe Limited
09800657
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/01/2023
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 81
Also on 4 other boards
director · Since 24/07/2023
CEO
BRITISH · UNITED KINGDOM · Age 54
Also on 1 other board
Persons with Significant Control
Amchem Speciality Chemicals Private Limited
No: 8, Temasek Boulevard, Singapore
Reg: 201534952w · Singapore Companies Register · Private Limited Company
Notified 30/11/2022
Former PSCs
Mr John Joseph Whitehead
Ceased 30/11/2022
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 11942+ SIC 70100 peers23
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -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 opera
Key FinancialsYear ending 31/03/2025
Net Worth
£1
Balance sheet strength
Cash
£10
Cash in the bank
Net Current Assets
£1
Working capital
Current Assets
—
Current Liabilities
£9
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.11 | — |
| 2023 | 1.19 | +£0 |
| 2022 | — | -£2.5M |
Derived from filed accounts. Not audited figures.