Back to search

Pennyworld Ltd

15913420

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

16 HICKMAN AVENUE, LONDON, E4 9JG
Incorporated 23/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores
47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Farhad Muhammad Ibrahim

director · Since 27/12/2024

BUSINESS PERSON

BRITISH · ENGLAND · Age 39

Mr Mehmet Esref Zeki

secretary · Since 28/02/2025

Ms Mengling Yu

secretary · Since 26/05/2025

Mr Haowei Du

director · Since 01/06/2025

BUSINESS PERSON

CHINESE · CHINA · Age 22

Persons with Significant Control

Mr Farhad Muhammad Ibrahim

Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 39

Flat 13 Mountaire Court, Highfield Avenue, London, NW9 0QA

Notified 06/02/2025

Former PSCs

Mr Ahmad Omid Mohammad Nabi

Ceased 01/01/2025

CompanyRankvs 23874+ SIC 47190 peers
23

Financial strength6th percentile among SIC peers · 2/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 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.

Longevity2/15 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 31/08/2025

Net Worth

-£42k

Balance sheet strength

Cash

£642

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£10k

Current Liabilities

£58k

Fixed Assets

£6k

0avg. employees

Balance Sheet

Assets less current liabilities£15k
Signed by 23.8.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.17+£0
20250.17

Derived from filed accounts. Not audited figures.