PENNY PETROLEUM (NORTH EAST) LIMITEDActive

Company number 07952926Private limited companyIncorporated 2012

Key figures

£10,079,092+269.7%
Net assets 2024/25
+314.4%
Average annual growth 2019/20–2024/25
05 m10 m15 m2019/202020/212024/25

PENNY PETROLEUM (NORTH EAST) LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.

Ratios

2024/25
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
010 m20 m2019/202020/212024/25
Filed accounts2019/20–2024/25
2019/202020/212024/25
Profit for the year——821,718
Cash at bank and in hand247,566321,950464,016
Total assets4,717,4236,737,51619,126,348
Total liabilities———
Net assets / total equity586,9542,726,47810,079,092
Average number of employees485198

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

The principal activity of the group during the year was the operation of fuel retailing services, primarily through service stations and convenience outlets. The group also holds freehold property through its subsidiary, Prestige Car Direct Properties 2 Ltd, which is a dormant company.

As described in the company's latest filed accounts.

Summary: PENNY PETROLEUM (NORTH EAST) LIMITED

Company

PENNY PETROLEUM (NORTH EAST) LIMITED is a private limited company registered with Companies House under company number 07952926. It was incorporated on 16 Feb 2012. Its status is active. The registered office is in Alnwick (NE66). Its nature of business (SIC 2007) is retail sale of automotive fuel in specialised stores (47300).

Accounts

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files group accounts. Profit for the year was £821,718. Net assets were £10,079,092, up 269.7% on the previous year. Cash at bank and in hand was £464,016. The company had an average of 98 employees. Figures are available for 3 financial years (2019/20–2024/25).

Control and charges

One person with significant control is registered. 7 of 8 registered charges are outstanding.

Filing deadlines

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 20 Feb 2027.