£91k
+95%vs Dec 2023Active07304628Private limited companyOldham
PENN FARADAY SOLICITORS LTD
Significant control: Shomaila Younas (25–50%), Nauman Younas (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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01
Summary
PENN FARADAY SOLICITORS LTD is an active private limited company (company number 07304628) incorporated on 5 July 2010, registered in Oldham. Its registered activity is solicitors (SIC 69102). Latest small accounts cover the period ending 31 December 2024, showing net assets of £91k and cash of £290k, with 9 employees on average. Net assets rose 95% on the prior period (£47k).
Peer position · net assets
By net assets it sits in the upper half of 784 comparable companies in Manchester (median £26k, upper quartile £158k).
02
Ownership and control
- Mrs Shomaila Younas
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- has significant influence or control
- Mr Nauman Younas
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 5 July 201016 yrs ago
- Next accounts due
- 30 September 202624 days overdue
- Confirmation statement due
- 19 July 2027in 268 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 69102
- Solicitors
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£290k
−29%vs Dec 2023Not reported
9
+50%vs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £91k | £290k | £22k | £257k | — | — | 9 |
| 31 December 2023 | £47k | £408k | £75k | £521k | — | — | 6 |
Current ratio1.25Current assets ÷ creditors within one year
Cash per employee£32kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £90,708 at 31 December 2024
- Net assets up 10% or more on the prior period+94.7% vs prior period
- Cash at bank of £50,000 or moreCash £289,522
- Incorporated five or more years agoIncorporated 5 July 2010
- Accounts past their due dateDue 30 September 2026
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 268 days
- Next accounts due24 days overdue
- Accounts period endNet assets £91k · small accounts
- Accounts period endNet assets £47k · small accounts
- Incorporated
08
Similar companies in Manchester
- OZON SOLICITORS LIMITEDAltrincham · inc. Jul 2010
- SIPILLA LIMITEDManchester · inc. Jul 2010
- ABBEY BROADWAY LTDAshton-Under-Lyne · inc. Jun 2010
- CLARITY SOLICITORS LTDStockport · inc. Jul 2010
- MAGUIRES SOLICITORS LIMITEDManchester · inc. Jun 2010
- PARKERS SOLICITORS LIMITEDStockport · inc. Jun 2010
All companies incorporated on 5 July 2010 · in Jul 2010.
09
Reminders for PENN FARADAY SOLICITORS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.