PENNINGTON CHOICES LIMITED

• ◆

  7 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +4.3%

  £16,387,431 → £17,086,203

  highest in 3 filed years

• Cash

  -58.8%

  £999,132 → £411,421

  lowest in 5 filed years

• Net assets

  -10.7%

  £4,596,936 → £4,103,238

• Employees

  +10.7%

  149 → 165

  highest in 5 filed years

• Operating profit

  -75.2%

  £2,127,785 → £527,753

  lowest in 3 filed years

• Profit before tax

  -74.4%

  £2,149,642 → £550,745

• Wages

  +22%

  £5,464,632 → £6,667,298

  highest in 5 filed years

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. PENNINGTON CHOICES LIMITED 2008-05-15 → present
2. PENNINGTON CONSULTING LTD 2005-02-14 → 2008-05-15
3. PENNINGTON FMCS LIMITED 2000-03-13 → 2005-02-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

DJH Audit Limited

Audit opinion

Unqualified (clean)

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.”

Significant events

• “The 2024/25 financial year marked the beginning of our third five-year business planning cycle, during which the business generated a turnover of £17 million. However, performance fell short of both the turnover and profit targets established for the year under that plan.”
• “2023/24 was a pivotal year for the business, marked by a change in share ownership through the mid-year completion of a partial management buyout, and for the first time, the appointment of an external candidate to the role of Managing Director.”
• “As a result, in February 2025 Mark Seaborn, resumed the role of Managing Director.”
• “We are also proud to have achieved B Corp certification, a reflection of our ongoing commitment to meeting the highest standards of social and environmental performance, transparency, and accountability.”
• “A key milestone in this journey was achieving B Corp certification in 2024/25, reflecting our commitment to balancing people, planet, and profit.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

7

last 12 months

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