Penchard Ltd.

Penchard Ltd from Andover UK is a small, holding company with an active status, founded nine years ago in 2016. Employing 37 people, the company holds assets worth £4,663,435 and operates from a real address in Hampshire. With four directors and four owners – including the Diplock family – it’s a family business boasting a perfect 5.0 Google rating from 52 reviews. Penchard Ltd is an irregular importer of electrical machinery and equipment, with two months of import activity recorded as of August 2023.

The company specializes in the development of building projects, electrical installation, and the wholesale of wood, construction materials, and sanitary equipment. Its website showcases bespoke wooden and metal gates, garage doors, and automated systems, targeting a luxury market with a focus on craftsmanship and security. They offer a range of products, from traditional wooden gates to advanced electric gate automation, and even have a gallery of past projects. The website also features a blog, expert advice, and contact information, highlighting a commitment to customer service.

Financially, Penchard Ltd’s report reveals some interesting trends. Accumulated amortisation for intangible assets increased by 130%, while depreciation for property and plant equipment rose by 25%. Cash reserves, however, saw a healthy jump of 33% to £1,800,000, and creditors decreased by 15%, suggesting improved debt management. Net assets increased by 18% to £3,300,000. Trade debtors decreased by 18%, which is good. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Penchard Ltd appears to be in a reasonably healthy position, though the increased amortisation and depreciation may warrant further investigation. The company’s focus on high-end products and its strong online presence suggest a potential for continued growth, and the family ownership structure likely fosters a long-term perspective.

Registered in England/Wales under the registration number 10130317, with a registered address at SP11 7DB, United Kingdom, Andover, Hampshire, Manor Farm, Abbotts Ann.

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