# PENNY LIMITED (11972051)

> 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).

- Status: Active
- Incorporated: 2019-05-01
- Registered office: Ipswich, IP3 0DT
- SIC 64992: Factoring
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-15
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the bottom quarter of 144 comparable companies in the UK (median £4,343, upper quartile £395k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£904k | £1.17m | — | £180k | — | −£30k | 16 |
| 2024-05-31 | −£1.87m | £2.98m | — | £136k | — | −£404k | 14 |
| 2023-05-31 | — | — | — | — | — | — | — |

current ratio 39.89; size band micro.

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

- Net assets below zero: Net 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 year: Current ratio 39.89
- Cash at bank of £50,000 or more: Cash £1,165,511
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 1 May 2019

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

## Persons with significant control

- Mr Peter John Tuvey — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2026-04-13

---
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/11972051
HTML: https://firmoscan.com/company/11972051-penny-limited