Penn Lawnmowers Limited

Penn Lawnmowers Limited, based in Ringwood, Hampshire, is a small, family-run business with an active status. Founded eighteen years ago in 2006, the company employs just two people and holds £69,182 in assets. It operates from a real address at 19-21 Parkside Industrial Estate and is overseen by three directors and two owners, Dawn and Roland Smith. The firm’s Google rating is a perfect 5.0 based on 55 reviews, reflecting a strong reputation. Penn Lawnmowers imports machinery, boilers, and mechanical appliances, with parts arriving roughly every two months, the most recent shipment recorded in January 2025.

The company’s primary focus appears to be the repair of other equipment, though its website is currently unavailable, making it difficult to ascertain the full scope of its operations. It’s unclear whether the business engages in e-commerce, but the lack of an online presence suggests a more traditional, service-oriented model.

Financially, Penn Lawnmowers Limited presents a mixed picture. While current assets increased by 22% to £69,000, net assets decreased by 51% to -£41,000, a significant drop. Bank borrowings increased by 25% to £40,000, and cash reserves are not mentioned. Creditors decreased by 43%, which could indicate improved debt management. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and benefits from the flexibility that comes with its size. The lack of an auditor (likely exempt due to its small size) means the figures are unaudited.

Overall, Penn Lawnmowers Limited is navigating a challenging financial landscape. While it maintains a strong customer reputation, the decline in equity raises concerns about its long-term sustainability. It seems that the company is holding steady, but needs to watch its finances closely.

Registered in England/Wales under the registration number 06034991, with a registered address at BH24 3SG, Hants, 19-21 Parkside Industrial Estate, Ringwood.

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