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Penny Technology Limited

11999643

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 4.6 PAINTWORKS, BRISTOL, BS4 3EH
Incorporated 16/05/2019

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

62012
Business and domestic software development
64999
Other financial service activities

Officers

Mr Nathaniel Stott

director · Since 16/05/2019

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 31

Mr Joshua Duncan Campbell Stott

director · Since 20/06/2019

WEB DEVELOPER

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Nathaniel Stott

25–50% shares
25–50% votes
Appoint directors

English · United Kingdom · Age 31

Unit 4.6 Paintworks, Bath Road, Bristol, BS4 3EH

Notified 16/05/2019

Mr Joshua Duncan Campbell Stott

25–50% shares
25–50% votes
Appoint directors

British · England · Age 37

Unit 4.6 Paintworks, Bath Road, Bristol, BS4 3EH

Notified 16/05/2019

CompanyRankvs 39804+ SIC 62012 peers
26

Financial strength1th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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39804Penny Technology Limited
36
How is this score calculated?
Financial strength0/25 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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. Turnover Turnover is recognised to the extent that it is probable that the economic benefits will flow to t

Key FinancialsYear ending 31/03/2025

Net Worth

-£1.0M

Balance sheet strength

Cash

£916k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£2.1M

Fixed Assets

£19k

Debtors

£93k

6avg. employees

Tax at Year End(2022)

Corp tax£10
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£565k
2024—-£1.2M
20221.38-£1.1M
202141.22—
20203.47—

Derived from filed accounts. Not audited figures.