Pennmoore Brokerage Limited

Pennmoore Brokerage Ltd from Weybridge UK: a small, active company founded 35 years ago, employs just two people, and holds £241,662 in assets. It’s a family business with two directors and two owners, operating from a virtual address shared by 82 other companies. The firm regularly imports machinery, boilers, and mechanical appliances, parts, with the last import activity occurring three months ago in November 2023. The company operates in the non-specialised wholesale trade industries.

The firm’s website is minimal, offering little insight beyond its core business: importing and wholesale. There’s no indication of e-commerce activity or a direct-to-consumer presence; instead, it seems to function purely as a business-to-business operation.

Financially, Pennmoore Brokerage Ltd presents a mixed picture. Current assets have fallen by 10% to £240,000, and net assets have decreased by 21% to £92,000. Bank borrowings have decreased by 15% to £36,000, and cash reserves have dropped 4.1% to £120,000. Creditors have remained relatively stable, however, other creditors have increased by a significant 60% to £41,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) allows for flexibility, but the decline in equity suggests a need for careful financial management. The company’s accounts are unaudited, relying on director-reported data.

It seems that the company is holding steady, but facing some financial pressures. The company is small, and it’s probably a good thing.

Registered in England/Wales under the registration number 02451237, with a registered address at KT13 8RN, Weybridge, Surrey, Belgrave House, 39-43 Monument Hill.

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