penniesworld limited
penniesworld limited Company Information
Company Number
11107843
Next Accounts
Dec 2025
Shareholders
philip glenn scotton
leon brian kaye
View AllGroup Structure
View All
Industry
Pre-primary education
Registered Address
newnham court shopping village, bearsted road, maidstone, ME14 5LH
Website
http://pennies.co.ukpenniesworld limited Estimated Valuation
Pomanda estimates the enterprise value of PENNIESWORLD LIMITED at £494.1k based on a Turnover of £495.5k and 1x industry multiple (adjusted for size and gross margin).
penniesworld limited Estimated Valuation
Pomanda estimates the enterprise value of PENNIESWORLD LIMITED at £31k based on an EBITDA of £6.2k and a 4.99x industry multiple (adjusted for size and gross margin).
penniesworld limited Estimated Valuation
Pomanda estimates the enterprise value of PENNIESWORLD LIMITED at £866.6k based on Net Assets of £276.7k and 3.13x industry multiple (adjusted for liquidity).
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Penniesworld Limited Overview
Penniesworld Limited is a live company located in maidstone, ME14 5LH with a Companies House number of 11107843. It operates in the pre-primary education sector, SIC Code 85100. Founded in December 2017, it's largest shareholder is philip glenn scotton with a 60.3% stake. Penniesworld Limited is a young, micro sized company, Pomanda has estimated its turnover at £495.5k with declining growth in recent years.
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Penniesworld Limited Health Check
Pomanda's financial health check has awarded Penniesworld Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £495.5k, make it smaller than the average company (£750.2k)
- Penniesworld Limited
£750.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (6.6%)
- Penniesworld Limited
6.6% - Industry AVG
Production
with a gross margin of 42.7%, this company has a comparable cost of product (42.7%)
- Penniesworld Limited
42.7% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (5%)
- Penniesworld Limited
5% - Industry AVG
Employees
with 17 employees, this is below the industry average (31)
17 - Penniesworld Limited
31 - Industry AVG
Pay Structure
on an average salary of £21.8k, the company has an equivalent pay structure (£21.8k)
- Penniesworld Limited
£21.8k - Industry AVG
Efficiency
resulting in sales per employee of £29.1k, this is equally as efficient (£30.5k)
- Penniesworld Limited
£30.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Penniesworld Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is slower than average (13 days)
- Penniesworld Limited
13 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Penniesworld Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (114 weeks)
0 weeks - Penniesworld Limited
114 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.1%, this is a higher level of debt than the average (16.9%)
59.1% - Penniesworld Limited
16.9% - Industry AVG
PENNIESWORLD LIMITED financials
Penniesworld Limited's latest turnover from March 2024 is estimated at £495.5 thousand and the company has net assets of £276.7 thousand. According to their latest financial statements, Penniesworld Limited has 17 employees and maintains cash reserves of £100 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 17 | 16 | 18 | 15 | 13 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 9,593 | 12,152 | 14,640 | 13,772 | 13,738 | 12,006 |
| Intangible Assets | 72,187 | 80,437 | 88,687 | 96,937 | 105,187 | 113,437 |
| Investments & Other | 276,901 | 276,901 | 276,901 | 276,901 | 276,901 | 276,901 |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 358,681 | 369,490 | 380,228 | 387,610 | 395,826 | 402,344 |
| Stock & work in progress | 1,355 | |||||
| Trade Debtors | 51,032 | |||||
| Group Debtors | 38,142 | |||||
| Misc Debtors | 318,424 | 357,539 | 302,853 | 186,562 | 80,036 | 44,472 |
| Cash | 100 | 2,733 | 2,460 | 1,187 | 489 | |
| misc current assets | ||||||
| total current assets | 318,524 | 398,414 | 305,313 | 238,781 | 81,880 | 44,472 |
| total assets | 677,205 | 767,904 | 685,541 | 626,391 | 477,706 | 446,816 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 22,927 | 18,969 | 11,825 | 9,549 | 14,121 | |
| Group/Directors Accounts | 268,435 | 357,927 | 276,447 | 274,978 | ||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 106,756 | 106,016 | 114,569 | 69,412 | 192,989 | 178,302 |
| total current liabilities | 398,118 | 482,912 | 402,841 | 353,939 | 207,110 | 178,302 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 2,398 | 3,038 | 3,660 | 2,617 | 2,335 | |
| total long term liabilities | 2,398 | 3,038 | 3,660 | 2,617 | 2,335 | |
| total liabilities | 400,516 | 485,950 | 406,501 | 356,556 | 209,445 | 178,302 |
| net assets | 276,689 | 281,954 | 279,040 | 269,835 | 268,261 | 268,514 |
| total shareholders funds | 276,689 | 281,954 | 279,040 | 269,835 | 268,261 | 268,514 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 3,309 | 3,924 | 3,826 | 3,674 | 3,790 | 909 |
| Amortisation | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 2,063 |
| Tax | ||||||
| Stock | -1,355 | 1,355 | ||||
| Debtors | -77,257 | 92,828 | 65,259 | 157,558 | 35,564 | 44,472 |
| Creditors | 3,958 | 7,144 | 2,276 | -4,572 | 14,121 | |
| Accruals and Deferred Income | 740 | -8,553 | 45,157 | -123,577 | 14,687 | 178,302 |
| Deferred Taxes & Provisions | -640 | -622 | 1,043 | 282 | 2,335 | |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 276,901 | |||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -89,492 | 81,480 | 1,469 | 274,978 | ||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -2,633 | 273 | 1,273 | 698 | 489 | |
| overdraft | ||||||
| change in cash | -2,633 | 273 | 1,273 | 698 | 489 |
penniesworld limited Credit Report and Business Information
Penniesworld Limited Competitor Analysis
Perform a competitor analysis for penniesworld limited by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in ME14 area or any other competitors across 12 key performance metrics.
penniesworld limited Ownership
PENNIESWORLD LIMITED group structure
Penniesworld Limited has 3 subsidiary companies.
Ultimate parent company
PENNIESWORLD LIMITED
11107843
3 subsidiaries
penniesworld limited directors
Penniesworld Limited currently has 3 directors. The longest serving directors include Mr Phillip Scotton (Dec 2017) and Mr Leon Kaye (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Phillip Scotton | United Kingdom | 71 years | Dec 2017 | - | Director |
| Mr Leon Kaye | 75 years | Aug 2018 | - | Director | |
| Mrs Zoe Scotton-Pinhey | United Kingdom | 45 years | Aug 2018 | - | Director |
P&L
March 2024turnover
495.5k
+16%
operating profit
-5.3k
0%
gross margin
42.8%
-7.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
276.7k
-0.02%
total assets
677.2k
-0.12%
cash
100
-0.96%
net assets
Total assets minus all liabilities
penniesworld limited company details
company number
11107843
Type
Private limited with Share Capital
industry
85100 - Pre-primary education
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
pennies holdings limited (March 2019)
accountant
-
auditor
-
address
newnham court shopping village, bearsted road, maidstone, ME14 5LH
Bank
-
Legal Advisor
-
penniesworld 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 found 1 charges/mortgages relating to penniesworld limited. Currently there are 1 open charges and 0 have been satisfied in the past.
penniesworld 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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penniesworld limited Companies House Filings - See Documents
| date | description | view/download |
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