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The Old Spank Penn Limited

12324361

active
Private Limited Company
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

106 PENN HILL, POOLE, BH14 9NA
Incorporated 20/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77210
Renting and leasing of recreational and sports goods

Officers

Mr Nicholas James Warner

director · Since 15/02/2022

PUBLICAN

ENGLISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Mr Nicholas James Warner

75–100% shares
75–100% votes
Appoint directors

British · England · Age 48

1 Salterns Way, Lilliput, Poole, BH14 8JR

Notified 15/02/2022

Former PSCs

Miss Gemma Claire Game

Ceased 15/02/2022

CompanyRankvs 753+ SIC 77210 peers
28

Financial strength3th percentile among SIC peers · 1/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 30/10/2025

Net Worth

-£112k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£160k

Working capital

Current Assets

£74k

Current Liabilities

£235k

Fixed Assets

£79k

Debtors

£71k

4avg. employees-21

Tax at Year End

Corp tax£7k
VAT£63k

Director Loans

Directors owe company£17k

Balance Sheet

Assets less current liabilities-£81k
Signed by Mr N Warner,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.32-£45k£1.3M
20240.43-£16k—
20230.28——

Derived from filed accounts. Not audited figures.