PENNY LIMITED

ARCHIBALD HOUSE, 50-56 WYKES BISHOP STREET, IPSWICH, IP3 0DT

Company Number: 11972051
Incorporation date: 01-May-2019
Status: Active
Entity type: Private Limited Company

SIC codes:
64992 Factoring

SUMMARY

This company is 5 years old and is currently active. It is controlled by Mr Daniel Mcpherson. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -1.5 million but has improved from GBP -2.1 million in the previous year. The company has 4 active officers (directors or partners) who are or were officers of 3 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 28-Feb-2025
Accounts Filed: UNAUDITED ABRIDGED (31-May-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-May-2022	GBP		-442,424		620,585		-1,063,009
31-May-2021	GBP		-424,820		217,612		-642,432

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-May-2023	GBP	384,082	4,282,881	182,308	4,236,950				-1,454,560
31-May-2022	GBP	1,572,129	4,149,206	116,639	5,766,959	127	99,996	-1,815,509	-2,145,507
31-May-2021	GBP	1,026,060	2,515,401	44,564	3,072,360	127	99,996	-752,500	-652,377
31-May-2020	GBP	83,126	191,580	39,479	450,000				-109,945

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)

No information on secretary appointments

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Paul Jonathan FRIEDLANDER	13 Nov 2023		Director	Swazi	1 - 0	0 (0.0%)
Active	Mark Alan TUVEY	05 Oct 2023		Director	English	3 - 1	1 (25.0%)
Active	Vaida NARBUTAITE	15 Feb 2023		Operations Director	Lithuanian	1 - 0	0 (0.0%)
Resigned	Adam Samuel PARKER	15 Feb 2023	05 Oct 2023	Sales Director	British	2 - 3	0 (0.0%)
Resigned	Ajay CHAINRAI	02 Nov 2022	30 Nov 2022	Consultant	British	1 - 1	0 (0.0%)
Active	Daniel MCPHERSON	29 Sep 2022		Director	British	1 - 0	0 (0.0%)
Resigned	Gregory John HEALEY	17 Oct 2019	09 Aug 2022	Director	Welsh	0 - 1	0 (0.0%)
Resigned	Colin GUNNELL	01 May 2019	14 Oct 2022	Director	British	5 - 4	4 (44.4%)

Number of active directors: 4
Average tenure of active directors: 0.9 years
Average tenure of resigned directors: 1.7 years
Average active director Dissolution Rate: 6.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Paul Jonathan FRIEDLANDER	Mark Alan TUVEY	Vaida NARBUTAITE	Daniel MCPHERSON
GRAPEVINE CORPORATE LIMITED (03034679) - Active - Proposal to Strike off		✔
PENNY LIMITED (11972051) - Active	✔	✔	✔	✔
PENNY FREEDOM LIMITED (12215421) - Active		✔
NXT STEPS RECRUITMENT LTD (12228316) - Active		✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Mr Daniel Mcpherson - active

Controlling entities above

PENNY LIMITED

Controlled companies below

>75%:PENNY FREEDOM LIMITED (12215421 - UK) active

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Magnetostrictive sensor with improved signal measurement	2016-07-28	Awaiting First Examination	GB2556266
Sensor method	2016-02-16	Awaiting First Examination	GB2547635
Control module for electric wheelchair	2012-09-25	Terminated	GB2506208
Remote interaction with an electrically powered vehicle	2012-08-16	Granted	GB2504979
Inductive position sensor with datum adjustment	2011-06-24	Terminated	GB2492168
Power Switching Circuitry	2011-01-05	Granted	GB2487185
Front wheel drive motorised vehicle control using acceleration measurements	2010-12-03	Granted	GB2486179
A controller and control method for a motorised vehicle	2010-10-11	Granted	GB2484467
A control device.	2010-07-27	Granted	GB2484452
Controlling speed and spin of a motorised vehicle having independently driven wheels	2010-03-24	Granted	GB2478956
A controller and control method for a motorised vehicle	2010-03-24	Granted	GB2478957
Prevention of motor overload by calculation of motor resitance and temperature	2009-07-02	Terminated	GB2473803
Controller for a motorised vehicle	2009-04-21	Granted	GB2469654
Charger protection circuitry	2009-01-07	Granted	GB2466804
A cell management system	2008-08-08	Granted	GB2462467
Charging system for a multi-cell power supply	2008-08-08	Terminated	GB2491051
A cell management system	2008-08-08	Granted	GB2490271
Transducer with an over-voltage protection circuit and voltage regulator	2008-04-28	Terminated	GB2459530
Method and Apparatus for Stall Detection	2007-12-22	Granted	GB2455814
Control System	2007-06-20	Granted	GB2450342
Method and apparatus for determining a value of a zero point offset of a yaw rate sensor	2007-03-30	Granted	GB2447987
Inhibiting wheelchair operation whilst determining yaw rate sensor zero point offset	2007-03-30	Granted	GB2468385
A Control System for a Motorized Vehicle	2006-11-30	Granted	GB2444963
Circuit to operate a relay under fault conditions	2006-05-16	Granted	GB2438253
Networked modules	2005-11-15	Granted	GB2434219
Switch	2005-11-11	Granted	GB2432258
Control system	2005-07-20	Granted	GB2431221
Aircraft door handle alarm system	2005-04-28	Ceased	GB2425638
An electronic control system for a vehicle such as a wheelchair.	2005-04-15	Granted	GB2425187
Electronic control system	2005-04-15	Granted	GB2465306
Joystick device with electric latching detents	2005-03-11	Ceased	GB2429511
Input over voltage protector	2004-09-11	Granted	GB2418083
Aircraft door handle alarm	2004-02-27	Terminated	GB2416616
Joystick controller	2003-11-19	Ceased	GB2411455
Linear variable displacement transducer with trigonometric output	2003-08-22	Terminated	GB2405208
Electrical supply arrangement	2002-02-19	Granted	GB2384122
Electronic control of auxiliary devices	2001-10-31	Granted	GB2381675
Switching arrangement for connecting load to PWM supply	2001-10-31	Granted	GB2390943
Motor control	1999-04-14	Granted	GB2345204
Linear potentiometer	1999-04-01	Granted	GB2349986
Potentiometer	1999-04-01	Granted	GB2370695
Potentiometer	1999-04-01	Granted	GB2370696
Head-mounted pointing device for computers	1998-09-03	Terminated	GB2329954
An actuator for a switch	1998-07-14	Terminated	GB2339632
Sensing devices making use of eddy currents	1998-06-16	Terminated	GB2326486
An optical joystick	1998-01-30	Terminated	GB2334573
Magnetic keyboard with sealed Hall effect sensor	1997-12-19	Terminated	GB2332395
Temporary displacement lock for a joystick controller lever	1996-10-28	Ceased	GB2341664
Electrical joystick controller	1996-10-28	Ceased	GB2313175
Transducer cores	1995-08-31	Terminated	GB2304735
A joystick control adapter	1995-07-25	Terminated	GB2303707
Joystick assembly	1994-06-22	Terminated	GB2290600
Ice detector	1993-10-30	Terminated	GB2283315
Improvements relating to rotary position transducers	1990-05-02	Terminated	GB2231161
Inclinometers	1985-01-22	Ceased	GB2170006
Bearing arrangement for a tracker ball	1984-03-16	Ceased	GB2156497
Rotary direction transmitters using three Hall effect devices	1983-06-24	Terminated	GB2143328
A method and apparatus for forming an extruded product from powdered or granular material or from feed-stock	1983-04-26	Ceased	GB2138731

COMPETITORS

(Based on Sic code: 64992 Factoring)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
MACQUARIE COMMODITIES (UK) LIMITED	ROPEMAKER PLACE, 28 ROPEMAKER STREET, LONDON, EC2Y 9HD	05259474	2018-03-31	19,781,087	2,035,906	64999-Financial intermediation not elsewhere classified
APEX FACTORS LTD	15 STRAWBERRY AVENUE, LAWFORD, MANNINGTREE, ENGLAND, CO11 2DR	06695900	2018-03-31	354,915	0
FREELANCER INVOICING SERVICES LIMITED	39 ST ANDREWS ROAD, WARMINSTER, WILTSHIRE, BA12 8ES	05698463	2018-03-31	50,695	0
MEDEX FACTORS LTD	17 SKELTON CLOSE, LAWFORD, MANNINGTREE, ESSEX, ENGLAND, CO11 2HT	04941625	2018-03-31	24,672	0	69202-Bookkeeping activities
BB AUTO SERVICES LIMITED	38 MANNINGTON PARK, SWINDON, UNITED KINGDOM, SN2 2EJ	10265667	2017-07-31	24,009	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
PENNY LIMITED	0.7%	3.9%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.7%	3.7%	7.0%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.6%	2.5%	4.5%	Medium
Accounting Month	0.6%	6.1%	8.0%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium