penna plc
penna plc Company Information
Company Number
01918150
Next Accounts
Jun 2025
Shareholders
penna consulting plc
Group Structure
View All
Industry
Other human resources provision
Registered Address
10 bishops square, london, E1 6EG
Website
www.penna.compenna plc Estimated Valuation
Pomanda estimates the enterprise value of PENNA PLC at £40m based on a Turnover of £63.5m and 0.63x industry multiple (adjusted for size and gross margin).
penna plc Estimated Valuation
Pomanda estimates the enterprise value of PENNA PLC at £0 based on an EBITDA of £-4k and a 9.02x industry multiple (adjusted for size and gross margin).
penna plc Estimated Valuation
Pomanda estimates the enterprise value of PENNA PLC at £87.5m based on Net Assets of £55.5m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Penna Plc Overview
Penna Plc is a live company located in london, E1 6EG with a Companies House number of 01918150. It operates in the human resources provision and management of human resources functions sector, SIC Code 78300. Founded in May 1985, it's largest shareholder is penna consulting plc with a 100% stake. Penna Plc is a mature, large sized company, Pomanda has estimated its turnover at £63.5m with low growth in recent years.
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Penna Plc Health Check
Pomanda's financial health check has awarded Penna Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £63.5m, make it larger than the average company (£10.4m)
£63.5m - Penna Plc
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.8%)
3% - Penna Plc
6.8% - Industry AVG
Production
with a gross margin of 35%, this company has a lower cost of product (21.5%)
35% - Penna Plc
21.5% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (1.9%)
-0.2% - Penna Plc
1.9% - Industry AVG
Employees
with 233 employees, this is above the industry average (61)
233 - Penna Plc
61 - Industry AVG
Pay Structure
on an average salary of £61.9k, the company has an equivalent pay structure (£59.8k)
£61.9k - Penna Plc
£59.8k - Industry AVG
Efficiency
resulting in sales per employee of £272.5k, this is more efficient (£110.8k)
£272.5k - Penna Plc
£110.8k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (48 days)
26 days - Penna Plc
48 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is slower than average (7 days)
17 days - Penna Plc
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Penna Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Penna Plc
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.1%, this is a lower level of debt than the average (78.8%)
16.1% - Penna Plc
78.8% - Industry AVG
PENNA PLC financials
Penna Plc's latest turnover from December 2023 is £63.5 million and the company has net assets of £55.5 million. According to their latest financial statements, Penna Plc has 233 employees and maintains cash reserves of £31 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 63,483,000 | 68,905,000 | 61,358,000 | 58,770,000 | 71,175,000 | 74,023,000 | 68,067,000 | 60,212,000 | 86,024,165 | 79,128,068 | 67,858,200 | 65,602,858 | 66,618,889 | 78,498,463 | 106,226,218 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 41,260,000 | 48,271,000 | 42,794,000 | 41,627,000 | 50,459,000 | 51,323,000 | 45,915,000 | 39,512,000 | 66,022,040 | ||||||
| Gross Profit | 22,223,000 | 20,634,000 | 18,564,000 | 17,143,000 | 20,716,000 | 22,700,000 | 22,152,000 | 20,700,000 | 20,002,125 | ||||||
| Admin Expenses | 22,346,000 | 20,035,000 | 16,380,000 | 17,088,000 | 18,371,000 | 16,250,000 | 20,402,000 | 15,378,213 | |||||||
| Operating Profit | -123,000 | 599,000 | 763,000 | 3,628,000 | 4,329,000 | 5,902,000 | 298,000 | 4,623,912 | 3,094,253 | 100,314 | 1,401,787 | 921,019 | -5,262,114 | 2,853,533 | |
| Interest Payable | 8,000 | 11,000 | 580 | 11,772 | 5,817 | 25,094 | 48,480 | 41,551 | 2,792 | ||||||
| Interest Receivable | 4,000 | 222,000 | 1,000 | 1,804 | 1,279 | 1,859 | 1,758 | 1,257 | 1,876 | 19,286 | |||||
| Pre-Tax Profit | 390,000 | 599,000 | 1,418,000 | 763,000 | 3,632,000 | 4,321,000 | 6,113,000 | 299,000 | 4,718,673 | 3,167,055 | 206,232 | 1,476,513 | 1,092,458 | -5,301,789 | 2,870,027 |
| Tax | 18,000 | -102,000 | -175,000 | 24,000 | -7,000 | 107,000 | 6,000 | 266,000 | -865,169 | -675,241 | -216,615 | -8,631 | -250,176 | 1,062,524 | -805,262 |
| Profit After Tax | 408,000 | 497,000 | 1,243,000 | 787,000 | 3,625,000 | 4,428,000 | 6,119,000 | 565,000 | 3,853,504 | 2,491,814 | -10,383 | 1,467,882 | 842,282 | -4,239,265 | 2,064,765 |
| Dividends Paid | 1,720,000 | 14,000,000 | 5,000,000 | 1,500,000 | 2,500,000 | 1,640,178 | 2,000,000 | ||||||||
| Retained Profit | -1,312,000 | 497,000 | 1,243,000 | 787,000 | -10,375,000 | -572,000 | 6,119,000 | 565,000 | 2,353,504 | -8,186 | -1,650,561 | -532,118 | 842,282 | -4,239,265 | 2,064,765 |
| Employee Costs | 14,423,000 | 12,176,000 | 8,527,000 | 8,095,000 | 9,670,000 | 10,792,000 | 11,648,000 | 13,616,000 | 20,720,455 | 22,760,738 | 17,272,690 | 17,655,556 | 17,585,943 | 22,394,730 | 23,165,026 |
| Number Of Employees | 233 | 193 | 169 | 194 | 211 | 197 | 206 | 297 | 404 | 342 | 465 | ||||
| EBITDA* | -4,000 | 657,000 | 844,000 | 3,698,000 | 5,283,000 | 6,454,000 | 1,068,000 | 5,638,348 | 4,237,669 | 1,893,549 | 3,325,509 | 3,054,436 | -3,085,518 | 4,315,946 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 433,000 | 332,000 | 78,000 | 45,000 | 39,000 | 143,000 | 921,000 | 1,427,000 | 3,056,729 | 2,809,448 | 2,564,461 | 3,145,674 | 3,920,762 | 4,615,181 | 5,168,258 |
| Intangible Assets | 200,000 | 254,958 | 1,101,958 | 1,948,958 | 2,795,958 | 3,342,958 | |||||||||
| Investments & Other | 2,014,000 | 2,014,000 | 308,270 | 10,000 | 15,736 | 15,736 | 15,736 | ||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 433,000 | 332,000 | 78,000 | 45,000 | 2,053,000 | 2,157,000 | 921,000 | 1,427,000 | 3,564,999 | 2,809,448 | 2,819,419 | 4,257,632 | 5,885,456 | 7,426,875 | 8,526,952 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,562,000 | 9,998,000 | 10,025,000 | 9,634,000 | 11,260,000 | 9,468,000 | 12,007,000 | 12,299,000 | 16,318,466 | 17,064,560 | 14,018,762 | 11,218,813 | 12,294,001 | 11,776,414 | 16,925,273 |
| Group Debtors | 59,086,000 | 55,754,000 | 56,241,000 | 76,031,000 | 65,649,000 | 65,842,000 | 60,083,000 | 51,195,000 | 3,406,359 | 5,152,977 | 3,078,872 | 4,661,563 | 6,042,897 | 26,913,512 | |
| Misc Debtors | 2,078,000 | 2,902,000 | 1,258,000 | 1,175,000 | 2,535,000 | 1,876,000 | 1,999,000 | 965,000 | 2,317,519 | 1,623,263 | 1,589,933 | 1,425,846 | 1,734,638 | 3,555,247 | 2,704,011 |
| Cash | 31,000 | 135,000 | 8,000 | 8,000 | 48,000 | 152,000 | 120,000 | 3,934,000 | 5,089,539 | 1,815,221 | 657,740 | 2,135,428 | 2,410,515 | 3,091,466 | 5,157,839 |
| misc current assets | |||||||||||||||
| total current assets | 65,757,000 | 68,789,000 | 67,532,000 | 86,848,000 | 79,492,000 | 77,338,000 | 74,209,000 | 68,393,000 | 23,725,524 | 23,909,403 | 21,419,412 | 17,858,959 | 21,100,717 | 24,466,024 | 51,700,635 |
| total assets | 66,190,000 | 69,121,000 | 67,610,000 | 86,893,000 | 81,545,000 | 79,495,000 | 75,130,000 | 69,820,000 | 27,290,523 | 26,718,851 | 24,238,831 | 22,116,591 | 26,986,173 | 31,892,899 | 60,227,587 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,988,000 | 3,163,000 | 3,042,000 | 2,877,000 | 3,927,000 | 2,732,000 | 3,033,000 | 2,635,000 | 3,672,149 | 4,546,303 | 3,492,492 | 3,077,712 | 4,806,639 | 6,525,227 | 7,670,343 |
| Group/Directors Accounts | 3,677,000 | 2,719,000 | 2,535,000 | 23,874,000 | 19,000,000 | 5,000,000 | 1,512,000 | 1,521,000 | 1,718,241 | 3,319,749 | 4,560,972 | 3,647,580 | 4,413,066 | 8,409,371 | 30,674,783 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 216,615 | 572,104 | 545,616 | ||||||||||||
| other current liabilities | 4,978,000 | 6,380,000 | 5,671,000 | 5,023,000 | 3,976,000 | 5,576,000 | 4,644,000 | 5,961,000 | 16,571,405 | 16,063,253 | 13,292,218 | 10,751,812 | 12,018,847 | 12,394,354 | 15,457,778 |
| total current liabilities | 10,643,000 | 12,262,000 | 11,248,000 | 31,774,000 | 26,903,000 | 13,308,000 | 9,189,000 | 10,117,000 | 21,961,795 | 23,929,305 | 21,345,682 | 17,693,719 | 21,810,656 | 27,874,568 | 53,802,904 |
| loans | |||||||||||||||
| hp & lease commitments | 216,616 | 788,720 | |||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 310,000 | 1,480,000 | 662,000 | 474,000 | 626,810 | 500,840 | 511,539 | 581,838 | 557,220 | 1,529,080 | 691,518 | ||||
| total long term liabilities | 310,000 | 1,480,000 | 662,000 | 474,000 | 626,810 | 500,840 | 511,539 | 581,838 | 773,836 | 2,317,800 | 691,518 | ||||
| total liabilities | 10,643,000 | 12,262,000 | 11,248,000 | 31,774,000 | 27,213,000 | 14,788,000 | 9,851,000 | 10,591,000 | 22,588,605 | 24,430,145 | 21,857,221 | 18,275,557 | 22,584,492 | 30,192,368 | 54,494,422 |
| net assets | 55,547,000 | 56,859,000 | 56,362,000 | 55,119,000 | 54,332,000 | 64,707,000 | 65,279,000 | 59,229,000 | 4,701,918 | 2,288,706 | 2,381,610 | 3,841,034 | 4,401,681 | 1,700,531 | 5,733,165 |
| total shareholders funds | 55,547,000 | 56,859,000 | 56,362,000 | 55,119,000 | 54,332,000 | 64,707,000 | 65,279,000 | 59,229,000 | 4,701,918 | 2,288,706 | 2,381,610 | 3,841,034 | 4,401,681 | 1,700,531 | 5,733,165 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -123,000 | 599,000 | 763,000 | 3,628,000 | 4,329,000 | 5,902,000 | 298,000 | 4,623,912 | 3,094,253 | 100,314 | 1,401,787 | 921,019 | -5,262,114 | 2,853,533 | |
| Depreciation | 119,000 | 58,000 | 86,000 | 81,000 | 70,000 | 954,000 | 552,000 | 570,000 | 1,014,436 | 888,458 | 946,235 | 1,076,722 | 1,286,417 | 1,329,596 | 872,613 |
| Amortisation | 200,000 | 254,958 | 847,000 | 847,000 | 847,000 | 847,000 | 589,800 | ||||||||
| Tax | 18,000 | -102,000 | -175,000 | 24,000 | -7,000 | 107,000 | 6,000 | 266,000 | -865,169 | -675,241 | -216,615 | -8,631 | -250,176 | 1,062,524 | -805,262 |
| Stock | |||||||||||||||
| Debtors | -2,928,000 | 1,130,000 | -19,316,000 | 7,396,000 | 2,258,000 | 3,097,000 | 9,630,000 | 42,364,818 | -3,458,197 | 1,332,510 | 5,038,141 | -2,966,671 | -2,684,356 | -25,168,238 | 46,542,796 |
| Creditors | -1,175,000 | 121,000 | 165,000 | -1,050,000 | 1,195,000 | -301,000 | 398,000 | -1,911,303 | -874,154 | 1,053,811 | 414,780 | -1,728,927 | -1,718,588 | -1,145,116 | 7,670,343 |
| Accruals and Deferred Income | -1,402,000 | 709,000 | 648,000 | 1,047,000 | -1,600,000 | 932,000 | -1,317,000 | -10,102,253 | 508,152 | 2,771,035 | 2,540,406 | -1,267,035 | -375,507 | -3,063,424 | 15,457,778 |
| Deferred Taxes & Provisions | -310,000 | -1,170,000 | 818,000 | 188,000 | -26,840 | 125,970 | -10,699 | -70,299 | 24,618 | -971,860 | 837,562 | 691,518 | |||
| Cash flow from operations | 365,000 | 255,000 | -6,841,000 | -142,000 | 3,742,000 | -3,901,000 | -53,071,214 | 7,991,344 | 6,044,065 | -476,320 | 3,312,205 | 2,422,661 | 19,774,266 | -19,212,473 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -2,014,000 | 2,014,000 | 308,270 | -10,000 | -5,736 | 15,736 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 958,000 | 184,000 | -21,339,000 | 4,874,000 | 14,000,000 | 3,488,000 | -9,000 | -1,798,749 | -1,601,508 | -1,241,223 | 913,392 | -765,486 | -3,996,305 | -22,265,412 | 30,674,783 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -216,615 | -572,105 | -545,616 | 1,334,336 | |||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 4,000 | -8,000 | 211,000 | 1,000 | 1,224 | -10,493 | -3,958 | -23,336 | -47,223 | -39,675 | 16,494 | ||||
| cash flow from financing | 958,000 | 184,000 | -21,339,000 | 4,874,000 | 14,004,000 | 3,480,000 | 133,000 | 54,577,545 | -1,540,576 | -1,336,434 | 883,956 | -1,389,456 | -2,730,276 | -20,764,120 | 34,359,677 |
| cash and cash equivalents | |||||||||||||||
| cash | -104,000 | 127,000 | -40,000 | -104,000 | 32,000 | -3,814,000 | 2,118,779 | 3,274,318 | 1,157,481 | -1,477,688 | -275,087 | -680,951 | -2,066,373 | 5,157,839 | |
| overdraft | |||||||||||||||
| change in cash | -104,000 | 127,000 | -40,000 | -104,000 | 32,000 | -3,814,000 | 2,118,779 | 3,274,318 | 1,157,481 | -1,477,688 | -275,087 | -680,951 | -2,066,373 | 5,157,839 |
penna plc Credit Report and Business Information
Penna Plc Competitor Analysis
Perform a competitor analysis for penna plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in E 1 area or any other competitors across 12 key performance metrics.
penna plc Ownership
PENNA PLC group structure
Penna Plc has 1 subsidiary company.
Ultimate parent company
ADECCO GROUP AG
#0018891
2 parents
PENNA PLC
01918150
1 subsidiary
penna plc directors
Penna Plc currently has 4 directors. The longest serving directors include Ms Julie Towers (Jan 2014) and Mr Graham Weemes (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Julie Towers | England | 59 years | Jan 2014 | - | Director |
| Mr Graham Weemes | England | 53 years | Jan 2014 | - | Director |
| Ms Kathryn Kempster | England | 52 years | Mar 2023 | - | Director |
| Mr Nicholas De La Grense | England | 39 years | Jul 2023 | - | Director |
P&L
December 2023turnover
63.5m
-8%
operating profit
-123k
-121%
gross margin
35.1%
+16.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
55.5m
-0.02%
total assets
66.2m
-0.04%
cash
31k
-0.77%
net assets
Total assets minus all liabilities
penna plc company details
company number
01918150
Type
Public limited with Share Capital
industry
78300 - Other human resources provision
incorporation date
May 1985
age
40
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
penna sanders & sidney plc (May 2001)
sanders & sidney plc (February 2001)
See moreaccountant
-
auditor
ERNST & YOUNG LLP
address
10 bishops square, london, E1 6EG
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
penna plc Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 10 charges/mortgages relating to penna plc. Currently there are 1 open charges and 9 have been satisfied in the past.
penna plc Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for PENNA PLC. This can take several minutes, an email will notify you when this has completed.
penna plc Companies House Filings - See Documents
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