# PEN 15 DESIGN LTD (10197497)

> PEN 15 DESIGN LTD is an active private limited company (company number 10197497) incorporated on 24 May 2016, registered in Braintree. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £4,245, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 80% on the prior period (£21k).

- Status: Active
- Incorporated: 2016-05-24
- Registered office: Braintree, CM77 8DL
- SIC 71121: Engineering design activities for industrial process and production
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-07
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 131 comparable companies in Essex (median £3,524, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £4,245 | — | — | £28k | — | — | 1 |
| 2024-05-31 | £21k | — | — | £33k | — | — | 1 |

current ratio 0.91; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £4,245 at 31 May 2025
- Net assets down 25% or more on the prior period: -79.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.91
- Incorporated five or more years ago: Incorporated 24 May 2016

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Liam Philip Mcguinness — owns 75–100% of shares, since 2016-05-24

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/10197497
HTML: https://firmoscan.com/company/10197497-pen-15-design-ltd