PENNINE INDUSTRIAL EQUIPMENT LIMITED

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -17.8%

  £7,959,264 → £6,544,078

• Cash

  -12.4%

  £2,254,252 → £1,974,603

• Net assets

  -22.3%

  £6,715,642 → £5,220,400

• Employees

  -12.5%

  64 → 56

• Operating profit

  -22.6%

  £1,196,174 → £926,056

• Profit before tax

  -21.7%

  £1,202,726 → £942,130

• Wages

  -10.2%

  £1,731,352 → £1,555,370

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. PENNINE INDUSTRIAL EQUIPMENT LIMITED 1981-12-31 → present
2. PENNINE TECHNICAL & DESIGN SERVICES LIMITED 1971-11-29 → 1981-12-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services Limited

Audit opinion

Qualified

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PENNINE INDUSTRIAL EQUIPMENT LIMITED · parent
   1. Pennine Prostamp LLP 80% · England and Wales · Manufacture of metal components

Significant events

• “On 15 November 2023, the entire share capital of Pennine Industrial Holdings Limited was acquired by Rondot Industrial SAS, a French company.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.