John Penny Woodworking Machinery Limited

John Penny Woodworking Machinery Ltd, based in Abingdon, UK, is a small, active company with a 37-year history. Employing just three people, it holds £314,530 in assets and operates from a real address within the Abingdon Science Park. The company, led by a single director and owner, maintains a 3.0-star Google rating from just two reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, with its last import operation recorded in August 2024.

The company’s website highlights its specialization in supplying woodworking machinery to the joinery, window, door, and solid timber manufacturing industries. It showcases new and used machines, and even features a video demonstrating its offerings. The site also includes a privacy policy and copyright information, indicating a professional online presence.

Financially, John Penny Woodworking Machinery Ltd shows some concerning trends. Cash reserves have fallen by nearly half, dropping to £260,000, while current assets have also decreased significantly, down 47% to £310,000. Trade debtors have increased by 33%, suggesting potential issues with customer payments. On a brighter note, creditors have decreased by a substantial 81%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the decline in equity raises questions about its long-term financial health. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company's net assets have also decreased by 11% to £260,000.

Registered in England/Wales under the registration number 02188357, with a registered address at OX14 3YT, Barton Lane, Abingdon, Oxon, 16 Napier Court, Abingdon Science Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.