PENNYFARTHING DEVELOPMENTS LIMITED
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Cash
£4m
+43.1% highest in 3 filed years
Net assets
£24m
+5.8% vs 2025
Employees
76
+1.3% highest in 3 filed years
Profit before tax
-£37k
+97.7% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2024-01-31 | 2025-01-31 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £21,302,572 | £33,261,734 | £47,800,352 | +43.7% | |
| Operating profit | -£3,977,705 | -£374,158 | £1,711,751 | +557.5% | |
| Profit before tax | -£5,387,706 | -£1,613,166 | -£37,084 | +97.7% | |
| Net profit | -£4,191,551 | -£1,700,507 | £1,390,656 | +181.8% | |
| Cash | £3,046,967 | £2,812,870 | £4,024,916 | +43.1% | |
| Total assets less current liabilities | £41,626,520 | £43,198,199 | £63,695,822 | +47.5% | |
| Net assets | £26,165,724 | £23,115,217 | £24,465,350 | +5.8% | |
| Equity | £26,165,724 | £23,115,217 | £24,465,350 | +5.8% | |
| Average employees | 74 | 75 | 76 | +1.3% | |
| Wages | £3,910,956 | £3,818,404 | £4,334,696 | +13.5% | |
| Directors' remuneration | £528,006 | £606,082 | £626,541 | +3.4% |
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 | 2024-01-31 | 2025-01-31 | 2026-01-31 |
|---|---|---|---|---|
| Operating margin | -18.7% | -1.1% | 3.6% | |
| Net margin | -19.7% | -5.1% | 2.9% | |
| Return on capital employed | -9.6% | -0.9% | 2.7% | |
| Gearing (liabilities / total assets) | — | 62.4% | 69.1% | |
| Current ratio | 3.75x | 3.28x | 5.01x | |
| Interest cover | -2.39x | -0.13x | 0.54x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- HJS Reading Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 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
- PENNYFARTHING DEVELOPMENTS LIMITED · parent
- Pennyfarthing New Homes Limited 50%
- Dormy Care Homes Limited 100%
- Pennyfarthing Investment Limited 100%
- Pennyfarthing Landholdings Limited 50%
- Pennyfarthing Homes Limited 100%
- Pennyfarthing Constrcution Limited 100%
- PF No.1 Limited 100%
- PF No.2 Limited 100%
Significant events
- “During the year the Group also entered into a Revolving Credit Facility of £70 million which demonstrates the supportive nature its lending partners.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ADAMS, Mark | Secretary | 1998-01-23 | — | British |
| ADAMS, Daniel | Director | 1998-01-23 | Sep 1966 | British |
| ADAMS, Mark | Director | 1998-01-23 | Nov 1968 | British |
| ADAMS, Trevor Ruben | Director | 1998-02-09 | Aug 1942 | British |
| DUKES, Matthew Shane Sebastian | Director | 2010-11-01 | Apr 1969 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1998-01-23 | 1998-01-23 |
| ADAMS, Dean | Director | 1998-02-09 | 2006-09-19 |
| HURDIDGE, Alan John | Director | 1998-02-09 | 2002-09-03 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1998-01-23 | 1998-01-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mark Adams | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
| Mr Daniel Adams | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 92 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-03 | AA | accounts | Accounts with accounts type group | |
| 2026-01-30 | AA | accounts | Accounts with accounts type group | |
| 2026-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-30 | AA | accounts | Accounts with accounts type group | |
| 2024-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-31 | AA | accounts | Accounts with accounts type group | |
| 2023-10-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-02-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-26 | AA | accounts | Accounts with accounts type group | |
| 2022-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-03 | AA | accounts | Accounts with accounts type group | |
| 2021-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-04 | AA | accounts | Accounts with accounts type group | |
| 2020-02-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-08-08 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.