PENNANT INTERNATIONAL LIMITED
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Cash
£6K
-98.7% lowest in 3 filed years
Net assets
£2.1M
-21.3% lowest in 3 filed years
Employees
51
-30.1% lowest in 3 filed years
Profit before tax
-£670K
-103.6% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The Directors have concluded that there are scenarios whereby the conversion of opportunities into new business represent a material uncertainty that may cast significant doubt upon the company's ability to continue as a going concern
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £9,759,000 | £8,117,000 | £4,564,000 | -43.8% | |
| Operating profit | £1,806,000 | -£120,000 | -£421,000 | -250.8% | |
| Profit before tax | £1,602,000 | -£329,000 | -£670,000 | -103.6% | |
| Net profit | £869,000 | -£995,000 | -£562,000 | +43.5% | |
| Cash | £210,000 | £473,000 | £6,000 | -98.7% | |
| Total assets less current liabilities | £3,986,000 | £2,860,000 | £2,461,000 | -14% | |
| Net assets | £3,696,000 | £2,641,000 | £2,079,000 | -21.3% | |
| Equity | £3,696,000 | £2,641,000 | £2,079,000 | -21.3% | |
| Average employees | 83 | 73 | 51 | -30.1% | |
| Wages | £3,127,000 | £3,224,000 | £1,987,000 | -38.4% | |
| Directors' remuneration | £529,000 | £734,000 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 18.5% | -1.5% | -9.2% | |
| Net margin | 8.9% | -12.3% | -12.3% | |
| Return on capital employed | 45.3% | -4.2% | -17.1% | |
| Gearing (liabilities / total assets) | 70.8% | 76.6% | 78.2% | |
| Current ratio | 0.84x | 0.65x | 0.21x | |
| Interest cover | 8.85x | -0.57x | -1.69x |
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.
Name history
Renamed 4 times since incorporation
- PENNANT INTERNATIONAL LIMITED 2018-01-22 → present
- PENNANT TRAINING SYSTEMS LIMITED 2000-02-18 → 2018-01-22
- PENNANT INTERNATIONAL LIMITED 1984-05-04 → 2000-02-18
- PENNANT TRAINERS & SIMULATORS LIMITED 1979-12-31 → 1984-05-04
- PENNANT DISPLAY & ENGINEERING LIMITED 1958-02-25 → 1979-12-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Directors have concluded that there are scenarios whereby the conversion of opportunities into new business represent a material uncertainty that may cast significant doubt upon the company's ability to continue as a going concern”
Significant events
- “The property disposal programme, launched in September 2024 as part of its Training division restructuring, has realised £3.2 million in gross sale proceeds and, after agent and legal fees, a profit on disposal of £0.1 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALKER, Philip Henry | Director | 2014-11-03 | Jun 1980 | British |
| WIGGINS, Darren John | Director | 2025-02-27 | Jun 1981 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLEMENTS, David Joseph | Secretary | 2017-06-15 | 2026-01-14 |
| SCARRETT, June Margaret | Secretary | — | 1995-03-31 |
| WALKER, Philip Henry | Secretary | 2014-11-03 | 2017-06-15 |
| WALKER, Philip Henry | Secretary | 2014-10-03 | 2014-11-12 |
| WALLER, John Mark | Secretary | 1995-03-31 | 2014-11-03 |
| BARNES, Gary Robert | Director | 2018-04-01 | 2019-11-21 |
| BARWELL, Philip Geoffrey | Director | 1993-11-08 | 2002-05-10 |
| BRINSON, Michael John | Director | 2024-04-10 | 2024-08-13 |
| CLEMENTS, David Joseph | Director | 2017-10-12 | 2026-01-14 |
| CRAWFORD, Brian Thomas | Director | — | 1993-12-31 |
| GIBSON, Joseph Martin Michael | Director | 2002-07-01 | 2003-01-24 |
| LEWIS, Raymond James | Director | 1993-11-08 | 2000-07-18 |
| MOORE, Simon Alick | Director | 2017-06-05 | 2021-06-02 |
| PHILLIPS, Stephen John | Director | — | 2001-09-30 |
| PONSONBY, John Maurice Maynard | Director | 2018-04-01 | 2022-10-22 |
| POWELL, Christopher Charles | Director | — | 2019-05-03 |
| POWELL, Jennifer Katherine | Director | 2016-02-29 | 2017-01-31 |
| RICE, Timothy Julian | Director | 2017-06-05 | 2018-09-24 |
| SKATES, Mervyn John | Director | 2020-01-01 | 2022-03-31 |
| SNOOK, Christopher | Director | 2002-03-11 | 2017-03-29 |
| THOMPSON, Joseph John James | Director | — | 2004-12-31 |
| WALLER, John Mark | Director | 1993-11-29 | 2014-11-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pennant International Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 196 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-29 | AA | accounts | Accounts with accounts type full | |
| 2026-04-27 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-16 | AA | accounts | Accounts with accounts type full | |
| 2025-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-26 | AA | accounts | Accounts with accounts type full | |
| 2024-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-13 | AA | accounts | Accounts with accounts type full | |
| 2023-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-15 | CH01 | officers | Change person director company with change date | |
| 2022-07-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-07-13 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-31 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.