Pennine Manufacturing Limited

Pennine Manufacturing Ltd, based in Bolton, UK, is a small, family-run business with an active status, celebrating 49 years since its founding in 976. Employing 95 people, the company holds £3,097,894 in assets and operates from a real address. With three directors and two owners, Pennine Manufacturing is a well-established operation. It regularly imports machinery, boilers, and mechanical appliances – parts, with 31 months of import activity recorded, the latest in January 2025. It also exports plastics and plastic products, boasting 43 months of export activity, the latest in October 2023.

The company operates in the other manufacturing n.e.c. industries. Its website is non-existent, so it’s unclear if they engage in e-commerce or rely solely on wholesale channels.

Financially, Pennine Manufacturing Ltd presents a mixed picture. Current assets have increased by a significant 30%, reaching £3,100,000, while net assets have also risen by 9.1%, reaching £4,000,000. Bank borrowings have decreased by -0.84%, reaching £990,000. Cash reserves have increased by 84%, reaching £100,000. Trade debtors have decreased by -8.1%, reaching £1,500,000. However, deferred tax expense credit has dramatically increased by -220%, reaching £120,000. 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 stay nimble, but the increase in deferred tax expense is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s growth in assets and cash reserves is encouraging, suggesting a period of expansion. However, the fluctuating deferred tax expense and the lack of an independent audit warrant further scrutiny. The family ownership and long history point to a stable foundation, but the business must continue to adapt to maintain its position in the competitive manufacturing sector.

Registered in England/Wales under the registration number 01240154, with a registered address at BL2 6RR, Bolton, Fold Mill Bradley Lane, Little Lever.

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