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Pencgeneration Ltd

14326330

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

60 MILLMEAD BUSINESS CENTRE, LONDON, N17 9QU
Incorporated 31/08/2022

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 25/11/2025

Due 09/12/2026

On track

Industry

46410
Wholesale of textiles
47910
Retail sale via mail order houses or via Internet

Officers

Mr Can Bayar

director · Since 25/11/2022

DIRECTOR

TURKISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Recep Celik

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes

Turkish · Turkey · Age 43

60, Millmead Business Centre, London, N17 9QU

Notified 31/08/2022

Mr Can Bayar

ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes

Turkish · England · Age 40

77, Tamar Way, Wokingham, RG41 3UB

Notified 25/11/2022

Former PSCs

Mr Abdulbaki Boran

Ceased 25/11/2022

CompanyRankvs 3242+ SIC 46410 peers
26

Financial strength17th percentile among SIC peers · 4/25
Employees21th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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3242Pencgeneration Ltd
25
How is this score calculated?
Financial strength4/25 pts

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

Employees3/15 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.

Longevity4/15 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 31/08/2024

Net Worth

-£358

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£358

Working capital

Current Assets

—

Current Liabilities

£358

0avg. employees
Prepared with Taxfiler