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Penn Studio Limited

11450406

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 10 SILVER END BUSINESS PARK, BRIERLEY HILL, DY5 3LG
Incorporated 05/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Andrew Penn

director · Since 05/07/2018

DESIGNER

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Persons with Significant Control

Mr Andrew Penn

Significant control

British · England · Age 35

Unit 10 Silver End Business Park, Brettell Lane, Brierley Hill, DY5 3LG

Notified 05/07/2018

CompanyRankvs 17674+ SIC 62012 peers
61

Financial strength49th percentile among SIC peers · 12/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 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.

Longevity8/15 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 31/07/2023

Net Worth

£454

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£110k

Current Liabilities

£92k

Fixed Assets

£10k

Debtors

£94k

8avg. employees+1

Tax at Year End

Corp tax£21k

Balance Sheet

Intangible assets£2k
Assets less current liabilities£27k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent Ratio
20231.19
20221.57
20211.39
20201.35

Derived from filed accounts. Not audited figures.