# IAIN PENNYCOOK LTD. (SC259614)

> IAIN PENNYCOOK LTD. is an active private limited company (company number SC259614) incorporated on 21 November 2003, registered in Perthshire. Its registered activity is joinery installation (SIC 43320). Latest small accounts cover the period ending 31 December 2025, showing net assets of £14k and cash of £1,628, with 2 employees on average. Net assets fell 20% on the prior period (£18k). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2003-11-21
- Registered office: Perthshire, FK15 0EE
- SIC 43320: Joinery installation
- SIC 43390: Other building completion and finishing
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-12-05
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 2,564 comparable companies in Other (median £6,214, upper quartile £33k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £14k | £1,628 | £27k | £19k | — | — | 2 |
| 2024-12-31 | £18k | £14k | £29k | — | — | — | 2 |
| 2023-12-31 | £13k | £9,678 | £26k | — | — | — | 2 |

current ratio 1.52; net assets trend volatile; size band micro.

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

- Net assets above zero: Net assets £14,463 at 31 December 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.52
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 21 November 2003

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

## Persons with significant control

- Mr Iain David Pennycook — owns 75–100% of shares; holds 75–100% of voting rights, since 2016-04-06

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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/SC259614
HTML: https://firmoscan.com/company/SC259614-iain-pennycook-ltd