−£904k
vs May 2024Active11972051Private limited companyIpswich
PENNY LIMITED
Significant control: Peter John Tuvey (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date.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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What does Penny Limited sell?
Registered activity: Factoring (SIC 64992). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
PENNY LIMITED is an active private limited company (company number 11972051) incorporated on 1 May 2019, registered in Ipswich. Its registered activity is factoring (SIC 64992). Latest abridged accounts cover the period ending 31 May 2025, showing net assets of −£904k and cash of £1.17m, with 16 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 52% on the prior period (−£1.87m).
Peer position · net assets
By net assets it sits in the bottom quarter of 144 comparable companies in the UK (median £4,343, upper quartile £395k).
02
Ownership and control
- Mr Peter John Tuvey
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Daniel Mcpherson
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
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
- 1 May 20197 yrs ago
- Next accounts due
- 28 February 2027in 126 days
- Confirmation statement due
- 15 May 2027in 202 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 64992
- Factoring
- Accounts type
- Unaudited Abridged
- Size band
- MicroCompanies Act thresholds
05
Financials
£1.17m
−61%vs May 2024Not disclosed
16
+14%vs May 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | −£904k | £1.17m | — | £180k | — | −£30k | 16 |
| 31 May 2024 | −£1.87m | £2.98m | — | £136k | — | −£404k | 14 |
| 31 May 2023 | — | — | — | — | — | — | — |
Current ratio39.89Current assets ÷ creditors within one year
Cash per employee£73kCash ÷ 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 below zeroNet assets £-903,893 at 31 May 2025
- Net assets up 10% or more on the prior period+51.8% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 39.89
- Cash at bank of £50,000 or moreCash £1,165,511
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 1 May 2019
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 202 days
- Next accounts duein 126 days
- Accounts period endNet liabilities £904k · abridged accounts
- Accounts period endNet liabilities £1.87m · abridged accounts
- Accounts period end
- Incorporated
08
Similar companies in the UK
- FACTOR TWO LIMITEDStoke-On-Trent · inc. May 2020
- LAR OPERATIONS CICDunfermline · inc. Mar 2018
- P2 COMMERCIAL FINANCE LIMITEDStoke-On-Trent · inc. Jun 2020
- CALDERWOOD COMMUNITY SERVICES LIMITEDDunfermline · inc. Oct 2017
- MANSION HOUSE PROPERTY MANAGEMENT LIMITEDLarbert · inc. Feb 2021
- KINGSWOOD COMMUNITY SERVICES LIMITEDDunfermline · inc. Jul 2022
All companies incorporated on 1 May 2019 · in May 2019.
09
Reminders for PENNY LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.