PENNY PETROLEUM (SCOTLAND) LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-17.

• ◆

  2 PSCs 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

  +10.3%

  £59,172,712 → £65,278,060

• Cash

  -36.6%

  £1,244,048 → £788,869

• Net assets

  +27.1%

  £4,379,075 → £5,566,728

  highest in 4 filed years

• Employees

  +15%

  153 → 176

  highest in 4 filed years

• Operating profit

  -23.3%

  £2,392,148 → £1,835,717

• Profit before tax

  -28.4%

  £2,414,779 → £1,729,011

• Wages

  +26%

  £2,627,373 → £3,311,013

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

K J Pittalis and Partners LLP

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 group's and the parent 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. PENNY PETROLEUM (SCOTLAND) LIMITED · parent
   1. N & N Jamal Properties Limited 100% · Scotland · Dormant
   2. Alistair Wallace Investments Limited 100% · Scotland · Dormant

Significant events

• “Continued investment in new sites, people, and processes is continuing to deliver tangible benefits, reaffirming that decisions taken in prior years were sound. Despite operating in a challenging economic environment, the group remains focused on profitable growth and is confident that this strategy will support an upward trend in net profitability over the next three years.”
• “Sites continue to be refurbished to enhance the customer experience, and forecourt teams are undergoing training to strengthen customer engagement.”
• “The general move to cleaner energy sources will always be a risk to the group. This is further exacerbated by increased fuel costs which may push some customers to other modes of transport, including electric vehicles.”

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

Filings

7

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.