penn accounts limited
penn accounts limited Company Information
Group Structure
View All
Industry
Bookkeeping activities
+2Registered Address
13 austin friars, london, EC2N 2HE
Website
www.pennlegal.co.ukpenn accounts limited Estimated Valuation
Pomanda estimates the enterprise value of PENN ACCOUNTS LIMITED at £12.9k based on a Turnover of £22.5k and 0.57x industry multiple (adjusted for size and gross margin).
penn accounts limited Estimated Valuation
Pomanda estimates the enterprise value of PENN ACCOUNTS LIMITED at £8.1k based on an EBITDA of £2.2k and a 3.67x industry multiple (adjusted for size and gross margin).
penn accounts limited Estimated Valuation
Pomanda estimates the enterprise value of PENN ACCOUNTS LIMITED at £3.8k based on Net Assets of £1.1k and 3.53x industry multiple (adjusted for liquidity).
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Penn Accounts Limited Overview
Penn Accounts Limited is a live company located in london, EC2N 2HE with a Companies House number of 06242360. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2007, it's largest shareholder is irina inayat with a 100% stake. Penn Accounts Limited is a established, micro sized company, Pomanda has estimated its turnover at £22.5k with high growth in recent years.
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Penn Accounts Limited Health Check
Pomanda's financial health check has awarded Penn Accounts Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £22.5k, make it smaller than the average company (£164.6k)
- Penn Accounts Limited
£164.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.3%)
- Penn Accounts Limited
6.3% - Industry AVG
Production
with a gross margin of 44.6%, this company has a higher cost of product (80.4%)
- Penn Accounts Limited
80.4% - Industry AVG
Profitability
an operating margin of 9.8% make it more profitable than the average company (7%)
- Penn Accounts Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Penn Accounts Limited
3 - Industry AVG
Pay Structure
on an average salary of £36.5k, the company has an equivalent pay structure (£36.5k)
- Penn Accounts Limited
£36.5k - Industry AVG
Efficiency
resulting in sales per employee of £22.5k, this is less efficient (£73.7k)
- Penn Accounts Limited
£73.7k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is near the average (84 days)
- Penn Accounts Limited
84 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (25 days)
- Penn Accounts Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Penn Accounts Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Penn Accounts Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.5%, this is a higher level of debt than the average (60%)
84.5% - Penn Accounts Limited
60% - Industry AVG
PENN ACCOUNTS LIMITED financials
Penn Accounts Limited's latest turnover from May 2024 is estimated at £22.5 thousand and the company has net assets of £1.1 thousand. According to their latest financial statements, Penn Accounts Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,920 | 18,540 | 13,302 | 7,860 | 750 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 9,204 | 8,853 | 9,295 | 75 | |||||||||||
| Gross Profit | 11,716 | 9,687 | 4,007 | 7,860 | 675 | ||||||||||
| Admin Expenses | 4,670 | 4,798 | 4,182 | 9,908 | 2,505 | ||||||||||
| Operating Profit | 7,046 | 4,889 | -175 | -2,048 | -1,830 | ||||||||||
| Interest Payable | 34 | 29 | |||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 7,046 | 4,889 | -175 | -2,082 | -1,859 | ||||||||||
| Tax | -1,409 | -143 | |||||||||||||
| Profit After Tax | 5,637 | 4,746 | -175 | -2,082 | -1,859 | ||||||||||
| Dividends Paid | 5,500 | 4,000 | |||||||||||||
| Retained Profit | 137 | 746 | -175 | -2,082 | -1,859 | ||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* | 7,046 | 4,889 | -175 | -2,048 | -1,830 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 6,148 | 3,372 | 10,502 | 3,948 | 7,197 | 8,862 | 6,293 | 7,817 | 6,480 | 1,864 | 3,420 | 4,885 | 1,260 | 1,955 | 529 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 845 | 604 | 582 | 7,548 | 1,286 | 3,676 | 3,919 | 1,697 | 7,628 | 8,651 | 889 | ||||
| Cash | 211 | 279 | 340 | 396 | 223 | 27 | 109 | 9 | 225 | 198 | 74 | 165 | |||
| misc current assets | 1,638 | 980 | 725 | ||||||||||||
| total current assets | 6,993 | 3,976 | 11,084 | 11,707 | 8,762 | 12,878 | 8,327 | 9,020 | 7,232 | 5,892 | 5,126 | 12,738 | 10,109 | 2,918 | 694 |
| total assets | 6,993 | 3,976 | 11,084 | 11,707 | 8,762 | 12,878 | 8,327 | 9,020 | 7,232 | 5,892 | 5,126 | 12,738 | 10,109 | 2,918 | 694 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,120 | 1,331 | 9,969 | 4,400 | 2,957 | 5,432 | 7,913 | 7,525 | 238 | 926 | 475 | ||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 7,930 | 7,490 | 16,165 | 14,282 | 6,916 | 832 | |||||||||
| total current liabilities | 2,120 | 1,331 | 9,969 | 4,400 | 2,957 | 5,432 | 7,913 | 7,525 | 8,168 | 8,416 | 16,165 | 14,282 | 6,916 | 1,307 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 746 | 1,940 | 5,300 | 2,600 | 1,302 | ||||||||||
| provisions | 3,787 | 3,206 | 4,568 | 1,441 | 1,269 | 2,025 | 1,305 | 2,659 | 1,916 | ||||||
| total long term liabilities | 3,787 | 3,206 | 5,314 | 1,441 | 3,209 | 7,325 | 3,905 | 2,659 | 1,916 | 1,302 | |||||
| total liabilities | 5,907 | 4,537 | 5,314 | 11,410 | 7,609 | 10,282 | 9,337 | 10,572 | 9,441 | 8,168 | 8,416 | 16,165 | 14,282 | 6,916 | 2,609 |
| net assets | 1,086 | -561 | 5,770 | 297 | 1,153 | 2,596 | -1,010 | -1,552 | -2,209 | -2,276 | -3,290 | -3,427 | -4,173 | -3,998 | -1,915 |
| total shareholders funds | 1,086 | -561 | 5,770 | 297 | 1,153 | 2,596 | -1,010 | -1,552 | -2,209 | -2,276 | -3,290 | -3,427 | -4,173 | -3,998 | -1,915 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 7,046 | 4,889 | -175 | -2,048 | -1,830 | ||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -1,409 | -143 | |||||||||||||
| Stock | |||||||||||||||
| Debtors | 3,017 | -7,108 | -412 | 3,013 | -4,055 | 6,245 | -1,524 | 1,337 | 697 | 666 | -7,396 | 2,602 | 7,067 | 2,315 | 529 |
| Creditors | 789 | 1,331 | -9,969 | 5,569 | 1,443 | -2,475 | -2,481 | 388 | 7,287 | -688 | 926 | -475 | 475 | ||
| Accruals and Deferred Income | -7,930 | 440 | -8,675 | 1,883 | 7,366 | 6,084 | 832 | ||||||||
| Deferred Taxes & Provisions | 581 | -1,362 | 3,127 | 172 | -756 | 720 | -1,354 | 743 | 1,916 | ||||||
| Cash flow from operations | 5,284 | 4,027 | 124 | 1,246 | -1,052 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -746 | 746 | -1,940 | -3,360 | 2,700 | 2,600 | -1,302 | 1,302 | |||||||
| share issue | |||||||||||||||
| interest | -34 | -29 | |||||||||||||
| cash flow from financing | -1,337 | 1,217 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -211 | -68 | -61 | -56 | 173 | 196 | -82 | 100 | -216 | 27 | 124 | -91 | 165 | ||
| overdraft | |||||||||||||||
| change in cash | -211 | -68 | -61 | -56 | 173 | 196 | -82 | 100 | -216 | 27 | 124 | -91 | 165 |
penn accounts limited Credit Report and Business Information
Penn Accounts Limited Competitor Analysis
Perform a competitor analysis for penn accounts limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EC2N area or any other competitors across 12 key performance metrics.
penn accounts limited Ownership
PENN ACCOUNTS LIMITED group structure
Penn Accounts Limited has no subsidiary companies.
Ultimate parent company
PENN ACCOUNTS LIMITED
06242360
penn accounts limited directors
Penn Accounts Limited currently has 1 director, Mrs Irina Inayat serving since Oct 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Irina Inayat | England | 53 years | Oct 2009 | - | Director |
P&L
May 2024turnover
22.5k
+32%
operating profit
2.2k
0%
gross margin
44.7%
-2.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
1.1k
-2.94%
total assets
7k
+0.76%
cash
0
0%
net assets
Total assets minus all liabilities
penn accounts limited company details
company number
06242360
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
69202 - Bookkeeping activities
69201 - Accounting, and auditing activities
incorporation date
May 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
13 austin friars, london, EC2N 2HE
Bank
-
Legal Advisor
-
penn accounts limited 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 did not find charges/mortgages relating to penn accounts limited.
penn accounts limited 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.
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penn accounts limited Companies House Filings - See Documents
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