Penny Works Ltd
11171818
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/01/2018
DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 1 other board
Persons with Significant Control
Mr Steven Christopher Rick
British · England · Age 45
22a, Main Road, Nottingham, NG4 3HP
Notified 18/01/2019
Former PSCs
Mr Mark Spence
Ceased 13/05/2020
CompanyRankvs 49309+ SIC 70229 peers64
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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 31/01/2026
Net Worth
£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£7k
Working capital
Current Assets
£10k
Current Liabilities
£3k
Fixed Assets
£710
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 3.12 | +£0 |
| 2026 | 3.12 | +£1k |
| 2025 | 4.01 | +£3k |
| 2024 | 8.02 | -£589 |
| 2023 | 9.80 | -£370 |
| 2022 | 2.52 | — |
| 2021 | 1.06 | — |
| 2020 | 0.01 | — |
| 2019 | 0.03 | — |
Derived from filed accounts. Not audited figures.