Penny Engineering Limited
Registered name: PENNY ENGINEERING LIMITED
Part of Penny Engineering Eot Limited groupPenny Engineering Limited made £10.1m revenue and £492k profit in the year to 30 Jun 2025.
Penny Engineering Limited’s revenue grew 3% to £10.1m in the year to 30 Jun 2025, with £492k profit and 91 employees. The company is classified under “manufacture of lifting and handling equipment” and is based in Clowne; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Clowne, Yorkshire and The Humber
- Age
- 48 yrs · since 1978
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £9.8m | £10.1m |
| Cost of sales | — | — | £5.3m | £5.3m |
| Gross profit | — | — | £4.4m | £4.8m |
| Operating profit | — | — | £601k | £605k |
| Profit before tax | — | — | £432k | £682k |
| Profit after tax | £696k | £936k | £235k | £492k |
| Profit (best available) | £696k | £936k | £235k | £492k |
| Staff costs | — | — | £3.5m | £3.8m |
| Employees (average) | 91 | 100 | 90 | 91 |
| Ratios | ||||
| Profit margin | — | — | 2.4% | 4.9% |
| Gross margin | — | — | 45.4% | 47.6% |
| Revenue per employee | — | — | £109k | £111k |
| Profit per employee | £7.7k | £9.4k | £2.6k | £5.4k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲3% |
| Profit growth | — | ▲34.3% | ▼74.9% | ▲109.4% |
| Headcount growth | — | ▲9.9% | ▼10% | ▲1.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.5m | £2m | £2.6m | £2.8m |
| Net assets | £7m | £7.5m | £7.4m | £7.5m |
| Fixed assets | £4.3m | £4.6m | £3.4m | £3.5m |
| Current assets | £5.8m | £5.7m | £6.2m | £6.4m |
| Debtors | £1.2m | £1.3m | £1m | £1.3m |
| Deferred income | £489k | £582k | £647k | £773k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 4.9%
- Profit ÷ revenue.
- Gross margin
- 47.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £111k
- Revenue ÷ average employees.
- Profit per employee
- £5.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 35%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲2%
- Now £7.5m
- Cash at bank
- ▲7%
- Now £2.8m
- Headcount
- ▲1%
- Now 91
- Deferred income
- ▲19%
- Now £773k
- Fixed assets
- ▲3%
- Now £3.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Penny Engineering Eot Limitedultimate parent75–100%
- Penny Engineering Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (7)
- Penny Cranes LimitedFigures not disclosed
- Penny Hydraulics LimitedFigures not disclosed
- Penny Lifting LimitedFigures not disclosed
- Penny Lifts LimitedFigures not disclosed
- Penny Nuclear LimitedFigures not disclosed
- R & L Systems LimitedFigures not disclosed
- Sidetracker Engineering LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £492k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 16 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.