Penn-White Limited
Registered name: PENN-WHITE LIMITED
Penn-White Limited made £13.6m revenue and £2.2m profit in the year to 31 Mar 2026.
Penn-White Limited’s revenue fell 2% to £13.6m in the year to 31 Mar 2026, with £2.2m profit and 31 employees. The company is classified under “manufacture of other chemical products” and is based in Middlewich; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Middlewich, North West
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £15.9m | £8.5m | £13.7m | £13.9m | £13.6m |
| Cost of sales | £10.4m | £5.5m | £7.5m | £7.5m | £7.3m |
| Gross profit | £5.4m | £3m | £6.2m | £6.3m | £6.3m |
| Operating profit | £2.7m | £1.2m | £2.9m | £3m | £2.9m |
| Profit before tax | £2.8m | £1.2m | £2.9m | £3.1m | £2.9m |
| Profit after tax | £2.2m | £916k | £2.1m | £2.3m | £2.2m |
| Profit (best available) | £2.2m | £916k | £2.1m | £2.3m | £2.2m |
| Staff costs | £1.3m | £741k | £1.7m | £1.8m | £1.8m |
| Employees (average) | 29 | 28 | 29 | 27 | 31 |
| Ratios | |||||
| Profit margin | 14.1% | 10.8% | 15.6% | 16.6% | 16.1% |
| Gross margin | 34.4% | 35.1% | 45.3% | 45.8% | 46.1% |
| Revenue per employee | £547k | £302k | £472k | £513k | £439k |
| Profit per employee | £77k | £32.7k | £73.7k | £85.2k | £70.5k |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | ▲1.3% | ▼1.8% |
| Profit growth | — | — | — | ▲7.6% | ▼4.9% |
| Headcount growth | — | — | — | ▼6.9% | ▲14.8% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £82k | £424k | £1.9m | £2.8m | £3.9m |
| Net assets | £5.5m | £6.3m | £5.9m | £7.9m | £8.5m |
| Fixed assets | £117k | £99.5k | £98.2k | £833k | £2.5m |
| Current assets | £8.9m | £7.8m | £7.5m | £8.5m | £8.4m |
| Debtors | £2.9m | £2.6m | £2.6m | £2.7m | £2.7m |
| Deferred income | £300k | £147k | £174k | £242k | £274k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 16.1%
- Profit ÷ revenue.
- Gross margin
- 46.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £439k
- Revenue ÷ average employees.
- Profit per employee
- £70.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 18.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20%
- 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
- ▲9%
- Now £8.5m
- Cash at bank
- ▲37%
- Now £3.9m
- Headcount
- ▲15%
- Now 31
- Deferred income
- ▲13%
- Now £274k
- Fixed assets
- ▲196%
- Now £2.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £2.2m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.