Penny Engineering Limited

  • Active
  • Large
  • 47 years
  • 90 employees
  • £6,411,073 (cur assets)
  • £10,069,188 (revenue)
  • Regular importer
  • Regular exporter
  • Real address
  • 5 directors
  • No owners
  • Clowne
  • Rating 5.0 (13)

Field of Operation

Manufacture of lifting and handling equipment
28220 917 companies

Website

pennyhydraulics.com↗

Social media

linkedin↗ facebook↗

Summary

Penny Engineering Ltd, based in Clowne, UK, is a family-owned holding company with a solid 46-year history. Employing around 100 people, the company boasts assets of £6,195,379 and maintains a real address, indicating a tangible presence. Five directors and five owners steer the business, which has earned a stellar 5.0 rating on Google based on 13 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with a substantial 37-month import history and a longer 154-month export record.

The company’s website showcases a diverse range of products and services, primarily focused on lifting and handling equipment. It’s not a typical e-commerce site; instead, it functions as an information hub and sales portal, highlighting core products like vehicle-mounted cranes, workshop cranes, and lighting winch systems. The site also features a dedicated section for Penny Nuclear, offering specialized lifting solutions for the nuclear industry, and a subsidiary, Sidetracker Engineering, focusing on multi-directional forklift trucks. The website also includes a blog and case studies, reinforcing their expertise.

Financially, Penny Engineering Ltd appears to be navigating a period of change. While cash bank on hand increased by a significant 31% to £2,600,000, net assets decreased by 2.1% to £7,400,000. Creditors decreased by 22% to £1,900,000, which could indicate improved debt management, but trade debtors also fell by 22% to £1,000,000. The average number of employees decreased by 10%, from 100 to 90, which could be a result of restructuring or changing market conditions. The company’s retained earnings decreased by 75% to £230,000, suggesting that profits weren’t reinvested into the business. The unaudited accounts, overseen by Shorts, highlight the company’s ongoing operations but also point to a need for careful financial management. The company’s long history and family ownership, combined with its diverse product range, suggest a resilient business model, but the recent financial trends warrant close attention.

Registered in England/Wales under the registration number 01380206, with a registered address at S43 4AB, United Kingdom, Clowne, Derbyshire, Station Road Industrial Estate, Station Road.

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

Managers

  • Ball David John
  • 1 year
  • 7
Non executive director
  • Holmes Ashley Julian
  • 10 years
  • 1
Secretary
  • Holmes Ashley Julian
  • 12 years
  • 10
Finance director
  • Penny Timothy James
  • 20 years
  • 8
Service director
  • Penny Robin Greville
  • 30 years
  • 10
Managing director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Confirmation statement made on 2026-01-09 with updates
  2. Memorandum and Articles of Association
  3. Statement of company's objects

Penny Engineering Limited controls

Owns & Controls

  • Penny Hydraulics Limited
  • 3 years
  • 75%+
  • Penny Nuclear Limited
  • 9 years
  • 75%+
  • Penny Lifts Limited
  • 9 years
  • 75%+
  • Penny Cranes Limited
  • 9 years
  • 75%+

Importer profile by HS codes

Click on the map to see detailed UK statistics on HS code, including companies list.

Last imported products

Click on items to see detailed UK statistics on HS code, including companies list.

Exporter profile by HS codes

Click on the map to see detailed UK statistics on HS code, including companies list.

Last exported products

Click on items to see detailed UK statistics on HS code, including companies list.

FAQ about Penny Engineering Limited

Looking for leads in the UK?

Book a demo—see how CorpSignals can help you find UK leads.

Book a demo Learn more

Similar companies

Shearforce Power Products Ltd
  • Active
  • Small
  • 7 years
  • 2 employees
  • £97,021 (cur assets)
  • Irregular exporter
  • Real address
  • 2 directors
  • 2 owners
  • Family business
  • E-commerce
Reflex Lifting Systems Ltd
  • Active
  • Small
  • 30 years
  • £23,439 (cur assets)
  • Virtual address
  • 3 directors
  • 2 owners
Rotary Engineering Uk Ltd
  • Active
  • Small
  • 23 years
  • 18 employees
  • £1,378,205 (cur assets)
  • Regular importer
  • Regular exporter
  • Real address
  • 5 directors
  • 2 owners
Dynamic Load Monitoring Uk Ltd
  • Active
  • Small
  • 31 years
  • 23 employees
  • £1,913,659 (cur assets)
  • Regular importer
  • Regular exporter
  • Real address
  • 4 directors
  • 1 owner