Penn Tech Limited in London, EC2N 2HE

Description

Data updated on: 01-11-2023

Penn Tech came into being in 2007 as a company enlisted under no 06242576, located at EC2N 2HE London at 13 Austin Friars. The company has been in business for 17 years and its current status is active. This enterprise's classified under the NACE and SIC code 62012 which means Business and domestic software development. Penn Tech Ltd filed its latest accounts for the period up to 2022-05-31. The business latest annual confirmation statement was released on 2023-05-07.

There seems to be a team of two directors running this specific limited company right now, specifically Shak I. and Irina I. who have been utilizing the directors responsibilities for eleven years.

Executives who control the firm include: Shak I. owns over 1/2 to 3/4 of company shares . Irina I. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-8 238	18 780	16 248	14 022	11 773	7 466

Balance Sheet
Cash Bank On Hand						159	432	292	173	41	462	934
Current Assets	1 620	3 794	4 286	3 675	3 763	3 822	7 389	5 890	5 038	1 532	7 606	4 650	4 278
Debtors	1 611	3 782	4 252	3 669	3 739	3 663	6 957	5 598	4 865	1 491	7 144	3 716
Net Assets Liabilities						7 467	5 760	4 885	2 984	892	1 206	-1 938	294
Cash Bank In Hand	9	12	34	6	24	159
Intangible Fixed Assets		25 000	20 000	15 000	10 000	5 000
Net Assets Liabilities Including Pension Asset Liability	-8 238	18 780	16 248	14 022	11 773	7 466
Other Debtors		291			945	855
Trade Debtors		1 643	1 638	965	345	1 451

Capital & Reserves
Called Up Share Capital	1	25 000	25 000	25 000	25 001	25 001
Profit Loss Account Reserve	-8 239	-6 220	-8 752	-10 978	-13 228	-17 535
Shareholder Funds	-8 238	18 780	16 248	14 022	11 773	7 466

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets						20 000	25 000
Average Number Employees During Period								2	2	3	3	2	3
Creditors						856	805	942	2 192	1 102	9 113	6 133	3 117
Fixed Assets		25 000	20 000	15 000	10 000	5 000
Increase From Amortisation Charge For Year Intangible Assets							5 000
Intangible Assets						5 000
Intangible Assets Gross Cost						25 000	25 000
Net Current Assets Liabilities	-8 238	-6 220	-3 752	-978	1 773	2 965	6 584	5 476	2 984	892	10 319	5 151	1 286
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal								528	138	462	2 713	501	125
Provisions For Liabilities Balance Sheet Subtotal						499	817	591				957	992
Total Assets Less Current Liabilities	-8 238	18 780	16 248	14 022	11 773	7 965	6 584	5 476	2 984	892	10 319	5 151	1 286
Amount Specific Advance Or Credit Directors							1 489
Amount Specific Advance Or Credit Made In Period Directors							5 150
Amount Specific Advance Or Credit Repaid In Period Directors							3 661
Accruals Deferred Income Within One Year		127	28	100
Administrative Expenses	1 053	1 702	6 585	5 850
Cost Sales	3 668	6 941	5 297	5 041
Creditors Due Within One Year	9 858	10 014	8 038	4 653	1 990	857
Gross Profit Loss	-3 308	3 721	4 053	3 624
Intangible Fixed Assets Additions		25 000
Intangible Fixed Assets Aggregate Amortisation Impairment			5 000	10 000	15 000	20 000
Intangible Fixed Assets Amortisation Charged In Period			5 000	5 000	5 000	5 000
Intangible Fixed Assets Cost Or Valuation		25 000	25 000	25 000	25 000	25 000
Interest Payable Similar Charges	7
Number Shares Allotted	1	25 000	25 000	25 000	1	1
Operating Profit Loss	-4 361	2 019	-2 532	-2 226
Other Creditors Due Within One Year	6 172	6 574	5 396	2 342	807	38
Par Value Share	1	1	1	1	1	1
Prepayments Accrued Income Current Asset	1 611	1 848	2 614	2 704	2 449	1 357
Profit Loss For Period	-4 368	2 019	-2 532	-2 226
Profit Loss On Ordinary Activities Before Tax	-4 368	2 019	-2 532	-2 226
Provisions For Liabilities Charges					700	499
Share Capital Allotted Called Up Paid	1	25 000	25 000	25 000	25 001	25 001
Taxation Social Security Due Within One Year	3	127	233	289	981	432
Trade Creditors Within One Year	3 683	3 313	2 381	1 922	202	387
Turnover Gross Operating Revenue	360	10 662	9 350	8 665