penn tech limited
penn tech limited Company Information
Company Number
06242576
Next Accounts
Feb 2026
Shareholders
shak inayat
irina inayat
Group Structure
View All
Industry
Other information technology and computer service activities
+1Registered Address
13 austin friars, london, EC2N 2HE
Website
www.penntech.co.ukpenn tech limited Estimated Valuation
Pomanda estimates the enterprise value of PENN TECH LIMITED at £65.7k based on a Turnover of £110.5k and 0.59x industry multiple (adjusted for size and gross margin).
penn tech limited Estimated Valuation
Pomanda estimates the enterprise value of PENN TECH LIMITED at £2.8k based on an EBITDA of £726 and a 3.81x industry multiple (adjusted for size and gross margin).
penn tech limited Estimated Valuation
Pomanda estimates the enterprise value of PENN TECH LIMITED at £1.9k based on Net Assets of £839 and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Penn Tech Limited Overview
Penn Tech Limited is a live company located in london, EC2N 2HE with a Companies House number of 06242576. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2007, it's largest shareholder is shak inayat with a 52% stake. Penn Tech Limited is a established, micro sized company, Pomanda has estimated its turnover at £110.5k with low growth in recent years.
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Penn Tech Limited Health Check
Pomanda's financial health check has awarded Penn Tech Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £110.5k, make it smaller than the average company (£5.8m)
- Penn Tech Limited
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (10.4%)
- Penn Tech Limited
10.4% - Industry AVG
Production
with a gross margin of 33.3%, this company has a higher cost of product (61%)
- Penn Tech Limited
61% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (4%)
- Penn Tech Limited
4% - Industry AVG
Employees
with 3 employees, this is below the industry average (39)
3 - Penn Tech Limited
39 - Industry AVG
Pay Structure
on an average salary of £71.1k, the company has an equivalent pay structure (£71.1k)
- Penn Tech Limited
£71.1k - Industry AVG
Efficiency
resulting in sales per employee of £36.8k, this is less efficient (£151.8k)
- Penn Tech Limited
£151.8k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (54 days)
- Penn Tech Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (36 days)
- Penn Tech Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Penn Tech Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Penn Tech Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.6%, this is a higher level of debt than the average (61.2%)
94.6% - Penn Tech Limited
61.2% - Industry AVG
PENN TECH LIMITED financials
Penn Tech Limited's latest turnover from May 2024 is estimated at £110.5 thousand and the company has net assets of £839. According to their latest financial statements, Penn Tech Limited has 3 employees 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 | 8,665 | 9,350 | 10,662 | 360 | 2,035 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 5,041 | 5,297 | 6,941 | 3,668 | 3,288 | ||||||||||
| Gross Profit | 3,624 | 4,053 | 3,721 | -3,308 | -1,253 | ||||||||||
| Admin Expenses | 5,850 | 6,585 | 1,702 | 1,053 | 2,054 | ||||||||||
| Operating Profit | -2,226 | -2,532 | 2,019 | -4,361 | -3,307 | ||||||||||
| Interest Payable | 7 | 30 | |||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -2,226 | -2,532 | 2,019 | -4,368 | -3,337 | ||||||||||
| Tax | |||||||||||||||
| Profit After Tax | -2,226 | -2,532 | 2,019 | -4,368 | -3,337 | ||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -2,226 | -2,532 | 2,019 | -4,368 | -3,337 | ||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 2 | 3 | 3 | 2 | |||||||||
| EBITDA* | 2,774 | -2,532 | 2,019 | -4,361 | -3,307 |
* 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 | 5,000 | 10,000 | 15,000 | 20,000 | 25,000 | ||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 5,000 | 10,000 | 15,000 | 20,000 | 25,000 | ||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,987 | 4,278 | 4,651 | 7,144 | 1,491 | 4,865 | 5,598 | 6,957 | 1,451 | 345 | 965 | 1,638 | 1,643 | ||
| Group Debtors | |||||||||||||||
| Misc Debtors | 12,584 | 125 | 501 | 2,713 | 462 | 138 | 2,212 | 3,394 | 2,704 | 2,614 | 2,139 | 1,611 | 827 | ||
| Cash | 462 | 41 | 173 | 292 | 432 | 159 | 24 | 6 | 34 | 12 | 9 | 35 | |||
| misc current assets | 528 | ||||||||||||||
| total current assets | 15,571 | 4,403 | 5,152 | 10,319 | 1,994 | 5,176 | 6,418 | 7,389 | 3,822 | 3,763 | 3,675 | 4,286 | 3,794 | 1,620 | 862 |
| total assets | 15,571 | 4,403 | 5,152 | 10,319 | 1,994 | 5,176 | 6,418 | 7,389 | 8,822 | 13,763 | 18,675 | 24,286 | 28,794 | 1,620 | 862 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 7,328 | 3,117 | 6,133 | 2,192 | 942 | 805 | 387 | 202 | 1,922 | 2,381 | 3,313 | 3,683 | 1,906 | ||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 469 | 1,088 | 2,731 | 5,657 | 6,701 | 6,175 | 2,826 | ||||||||
| total current liabilities | 7,328 | 3,117 | 6,133 | 2,192 | 942 | 805 | 856 | 1,290 | 4,653 | 8,038 | 10,014 | 9,858 | 4,732 | ||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 5,354 | 9,113 | 1,102 | ||||||||||||
| provisions | 2,050 | 992 | 957 | 591 | 824 | 499 | 700 | ||||||||
| total long term liabilities | 7,404 | 992 | 957 | 9,113 | 1,102 | 591 | 824 | 499 | 700 | ||||||
| total liabilities | 14,732 | 4,109 | 7,090 | 9,113 | 1,102 | 2,192 | 1,533 | 1,629 | 1,355 | 1,990 | 4,653 | 8,038 | 10,014 | 9,858 | 4,732 |
| net assets | 839 | 294 | -1,938 | 1,206 | 892 | 2,984 | 4,885 | 5,760 | 7,467 | 11,773 | 14,022 | 16,248 | 18,780 | -8,238 | -3,870 |
| total shareholders funds | 839 | 294 | -1,938 | 1,206 | 892 | 2,984 | 4,885 | 5,760 | 7,467 | 11,773 | 14,022 | 16,248 | 18,780 | -8,238 | -3,870 |
| 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 | -2,226 | -2,532 | 2,019 | -4,361 | -3,307 | ||||||||||
| Depreciation | |||||||||||||||
| Amortisation | 5,000 | 5,000 | 5,000 | 5,000 | |||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 11,168 | -749 | -4,705 | 7,904 | -3,050 | -595 | -1,359 | 3,294 | -76 | 70 | -583 | 470 | 2,171 | 784 | 827 |
| Creditors | 4,211 | -3,016 | 6,133 | -2,192 | 1,250 | 137 | 418 | 185 | -1,720 | -459 | -932 | -370 | 1,777 | 1,906 | |
| Accruals and Deferred Income | -469 | -619 | -1,643 | -2,926 | -1,044 | 526 | 3,349 | 2,826 | |||||||
| Deferred Taxes & Provisions | 1,058 | 35 | 957 | -591 | -233 | 325 | -201 | 700 | |||||||
| Cash flow from operations | -28 | -4,978 | 4 | -19 | 598 | ||||||||||
| 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 | 5,354 | -9,113 | 8,011 | 1,102 | |||||||||||
| share issue | |||||||||||||||
| interest | -7 | -30 | |||||||||||||
| cash flow from financing | 24,999 | -7 | -563 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -462 | 421 | -132 | -119 | -140 | 273 | 135 | 18 | -28 | 22 | 3 | -26 | 35 | ||
| overdraft | |||||||||||||||
| change in cash | -462 | 421 | -132 | -119 | -140 | 273 | 135 | 18 | -28 | 22 | 3 | -26 | 35 |
penn tech limited Credit Report and Business Information
Penn Tech Limited Competitor Analysis
Perform a competitor analysis for penn tech limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC2N area or any other competitors across 12 key performance metrics.
penn tech limited Ownership
PENN TECH LIMITED group structure
Penn Tech Limited has no subsidiary companies.
Ultimate parent company
PENN TECH LIMITED
06242576
penn tech limited directors
Penn Tech Limited currently has 2 directors. The longest serving directors include Mrs Irina Inayat (Mar 2010) and Mr Shak Inayat (Jun 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Irina Inayat | England | 53 years | Mar 2010 | - | Director |
| Mr Shak Inayat | England | 57 years | Jun 2013 | - | Director |
P&L
May 2024turnover
110.5k
+7%
operating profit
726.7
0%
gross margin
33.3%
-0.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
839
+1.85%
total assets
15.6k
+2.54%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
penn tech limited company details
company number
06242576
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
62012 - Business and domestic software development
incorporation date
May 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
penn tech limited (October 2009)
accountant
-
auditor
-
address
13 austin friars, london, EC2N 2HE
Bank
-
Legal Advisor
-
penn tech 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 tech limited.
penn tech 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 tech limited Companies House Filings - See Documents
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