the pennies foundation
the pennies foundation Company Information
Company Number
06418982
Next Accounts
Sep 2025
Industry
Other social work activities without accommodation n.e.c.
Shareholders
-
Group Structure
View All
Contact
Registered Address
64 london wall 1st floor, 64 london wall, london, EC2M 5TP
Website
www.pennies.org.ukthe pennies foundation Estimated Valuation
Pomanda estimates the enterprise value of THE PENNIES FOUNDATION at £5.6m based on a Turnover of £9.4m and 0.6x industry multiple (adjusted for size and gross margin).
the pennies foundation Estimated Valuation
Pomanda estimates the enterprise value of THE PENNIES FOUNDATION at £0 based on an EBITDA of £-36.5k and a 5.97x industry multiple (adjusted for size and gross margin).
the pennies foundation Estimated Valuation
Pomanda estimates the enterprise value of THE PENNIES FOUNDATION at £4.4m based on Net Assets of £1.4m and 3.12x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Pennies Foundation Overview
The Pennies Foundation is a live company located in london, EC2M 5TP with a Companies House number of 06418982. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in November 2007, it's largest shareholder is unknown. The Pennies Foundation is a established, mid sized company, Pomanda has estimated its turnover at £9.4m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Pennies Foundation Health Check
Pomanda's financial health check has awarded The Pennies Foundation a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £9.4m, make it larger than the average company (£457.4k)
£9.4m - The Pennies Foundation
£457.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.2%)
18% - The Pennies Foundation
6.2% - Industry AVG
Production
with a gross margin of 85.3%, this company has a comparable cost of product (85.3%)
85.3% - The Pennies Foundation
85.3% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (3.2%)
-1% - The Pennies Foundation
3.2% - Industry AVG
Employees
with 18 employees, this is above the industry average (12)
18 - The Pennies Foundation
12 - Industry AVG
Pay Structure
on an average salary of £57.3k, the company has a higher pay structure (£25.7k)
£57.3k - The Pennies Foundation
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £521.5k, this is more efficient (£42.9k)
£521.5k - The Pennies Foundation
£42.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Pennies Foundation
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (7 days)
4 days - The Pennies Foundation
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Pennies Foundation
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is less cash available to meet short term requirements (226 weeks)
56 weeks - The Pennies Foundation
226 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59%, this is a higher level of debt than the average (13.5%)
59% - The Pennies Foundation
13.5% - Industry AVG
THE PENNIES FOUNDATION financials
The Pennies Foundation's latest turnover from December 2023 is £9.4 million and the company has net assets of £1.4 million. According to their latest financial statements, The Pennies Foundation has 18 employees and maintains cash reserves of £2.2 million 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 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,386,831 | 7,434,508 | 6,474,839 | 5,651,334 | 6,157,757 | 5,571,903 | 4,228,680 | 2,986,074 | 3,270,945 | 2,783,681 | 2,032,566 | 1,424,044 | 1,424,852 | 1,147,072 | 263,869 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -239,571 | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 10,199 | -123,603 | -61,949 | -502,317 | -239,571 | 348,133 | 417,920 | -439,290 | 300,166 | 504,792 | 390,304 | -89,086 | 204,967 | 567,303 | 109,987 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 10,199 | -123,603 | -61,949 | -502,317 | -239,571 | 348,133 | 417,920 | -439,290 | 300,166 | 504,792 | 390,304 | -89,086 | 204,967 | 567,303 | 109,987 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 10,199 | -123,603 | -61,949 | -502,317 | -239,571 | 348,133 | 417,920 | -439,290 | 300,166 | 504,792 | 390,304 | -89,086 | 204,967 | 567,303 | 109,987 |
| Employee Costs | 1,031,275 | 943,716 | 792,800 | 808,526 | 834,858 | 706,587 | 623,467 | 571,438 | 506,871 | 476,040 | 508,384 | 467,537 | 438,178 | 205,491 | 0 |
| Number Of Employees | 18 | 17 | 15 | 15 | 15 | 14 | 13 | 12 | 11 | 10 | 11 | 11 | 10 | 7 | |
| EBITDA* | -213,201 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,002 | 63,699 | 77,378 | 92,129 | 103,184 | 4,553 | 4,867 | 0 | 445 | 18,445 | 21,006 | 2,749 | 5,845 | 4,417 | 0 |
| Intangible Assets | 125,132 | 88,197 | 96,950 | 125,540 | 14,226 | 24,154 | 49,682 | 32,150 | 15,714 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 187 | 187 | 187 | 187 | 187 | 187 | 187 | 187 | 187 | 187 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 177,135 | 151,897 | 174,329 | 217,670 | 117,411 | 28,894 | 54,736 | 32,337 | 16,346 | 18,632 | 21,193 | 2,936 | 6,032 | 4,604 | 187 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 400,144 | 328,666 | 46,798 | 0 | 209,587 | 0 | 0 | 0 | 4,365 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,043,527 | 1,001,425 | 1,073,051 | 510,320 | 980,734 | 519,125 | 376,870 | 274,554 | 239,553 | 5,082 | 115,107 | 88,006 | 54,762 | 2,722 | 0 |
| Cash | 2,192,610 | 2,077,178 | 1,878,695 | 2,155,659 | 2,417,581 | 2,641,093 | 2,371,950 | 2,311,962 | 2,573,152 | 2,040,343 | 1,387,619 | 1,287,781 | 883,899 | 721,582 | 124,805 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,236,137 | 3,078,603 | 2,951,746 | 2,665,979 | 3,398,315 | 3,560,362 | 3,077,486 | 2,633,314 | 2,812,705 | 2,255,012 | 1,502,726 | 1,375,787 | 938,661 | 728,669 | 124,805 |
| total assets | 3,413,272 | 3,230,500 | 3,126,075 | 2,883,649 | 3,515,726 | 3,589,256 | 3,132,222 | 2,665,651 | 2,829,051 | 2,273,644 | 1,523,919 | 1,378,723 | 944,693 | 733,273 | 124,992 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,661 | 59,709 | 47,572 | 25,010 | 28,190 | 7,209 | 32,746 | 11,947 | 22,053 | 11,183 | 14,775 | 9,498 | 21,260 | 0 | 0 |
| Group/Directors Accounts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4,450 | 4,450 | 4,450 | 4,450 | 4,450 | 4,450 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,998,654 | 1,783,033 | 1,567,142 | 1,285,330 | 1,411,910 | 1,266,850 | 1,132,412 | 1,104,560 | 818,564 | 569,744 | 321,219 | 571,604 | 36,726 | 51,533 | 10,555 |
| total current liabilities | 2,015,316 | 1,842,743 | 1,614,715 | 1,310,341 | 1,440,101 | 1,274,060 | 1,165,159 | 1,116,508 | 840,618 | 585,377 | 340,444 | 585,552 | 62,436 | 55,983 | 15,005 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,015,316 | 1,842,743 | 1,614,715 | 1,310,341 | 1,440,101 | 1,274,060 | 1,165,159 | 1,116,508 | 840,618 | 585,377 | 340,444 | 585,552 | 62,436 | 55,983 | 15,005 |
| net assets | 1,397,956 | 1,387,757 | 1,511,360 | 1,573,308 | 2,075,625 | 2,315,196 | 1,967,063 | 1,549,143 | 1,988,433 | 1,688,267 | 1,183,475 | 793,171 | 882,257 | 677,290 | 109,987 |
| total shareholders funds | 1,397,956 | 1,387,757 | 1,511,360 | 1,573,308 | 2,075,625 | 2,315,196 | 1,967,063 | 1,549,143 | 1,988,433 | 1,688,267 | 1,183,475 | 793,171 | 882,257 | 677,290 | 109,987 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -239,571 | ||||||||||||||
| Depreciation | 18,336 | 17,504 | 16,699 | 17,004 | 10,729 | 2,228 | 608 | 445 | 12,455 | 9,761 | 3,074 | 3,096 | 2,980 | 461 | 0 |
| Amortisation | 43,653 | 39,702 | 38,541 | 25,005 | 15,641 | 25,528 | 14,830 | 17,728 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 42,102 | -71,626 | 562,731 | -470,414 | 61,465 | 213,733 | 384,184 | 81,799 | 24,884 | 99,562 | 27,101 | 33,244 | 47,675 | 7,087 | 0 |
| Creditors | -43,048 | 12,137 | 22,562 | -3,180 | 20,981 | -25,537 | 20,799 | -10,106 | 10,870 | -3,592 | 5,277 | -11,762 | 21,260 | 0 | 0 |
| Accruals and Deferred Income | 215,621 | 215,891 | 281,812 | -126,580 | 145,060 | 134,438 | 27,852 | 285,996 | 248,820 | 248,525 | -250,385 | 534,878 | -14,807 | 40,978 | 10,555 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -108,625 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -1,914 | -37,837 | -34,164 | -10,169 | -7,200 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | -186 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 187 |
| cash flow from investments | 0 | 0 | 0 | 0 | 186 | -1,914 | -37,837 | -34,164 | -10,169 | -7,200 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,449 | 0 | 0 | 0 | 0 | 0 | 4,450 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | -4,449 | 0 | 0 | 0 | 0 | 0 | 4,450 |
| cash and cash equivalents | |||||||||||||||
| cash | 115,432 | 198,483 | -276,964 | -261,922 | -223,512 | 269,143 | 59,988 | -261,190 | 532,809 | 652,724 | 99,838 | 403,882 | 162,317 | 596,777 | 124,805 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 115,432 | 198,483 | -276,964 | -261,922 | -223,512 | 269,143 | 59,988 | -261,190 | 532,809 | 652,724 | 99,838 | 403,882 | 162,317 | 596,777 | 124,805 |
the pennies foundation Credit Report and Business Information
The Pennies Foundation Competitor Analysis
Perform a competitor analysis for the pennies foundation by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in EC2M area or any other competitors across 12 key performance metrics.
the pennies foundation Ownership
THE PENNIES FOUNDATION group structure
The Pennies Foundation has no subsidiary companies.
Ultimate parent company
THE PENNIES FOUNDATION
06418982
the pennies foundation directors
The Pennies Foundation currently has 7 directors. The longest serving directors include Mr Julian Taylor (Apr 2008) and Ms Penny Lovell (Apr 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Julian Taylor | 54 years | Apr 2008 | - | Director | |
| Ms Penny Lovell | 56 years | Apr 2010 | - | Director | |
| Mr Robert Leitao | 61 years | Apr 2010 | - | Director | |
| Mr Graham Edwards | 61 years | Apr 2010 | - | Director | |
| Mr Peter Ayliffe | England | 71 years | Mar 2014 | - | Director |
| Leigh Thomas | England | 56 years | Jul 2019 | - | Director |
| Mrs Angela Luger | 62 years | Dec 2022 | - | Director |
P&L
December 2023turnover
9.4m
+26%
operating profit
-98.5k
0%
gross margin
85.4%
-4.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.4m
+0.01%
total assets
3.4m
+0.06%
cash
2.2m
+0.06%
net assets
Total assets minus all liabilities
the pennies foundation company details
company number
06418982
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
November 2007
age
18
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
64 london wall 1st floor, 64 london wall, london, EC2M 5TP
Bank
HSBC BANK PLC
Legal Advisor
SIMMONS & SIMMONS LLP
the pennies foundation 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 the pennies foundation.
the pennies foundation 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 THE PENNIES FOUNDATION. This can take several minutes, an email will notify you when this has completed.
the pennies foundation Companies House Filings - See Documents
| date | description | view/download |
|---|
