PENNINE PROJECTS LTD

Executive Summary

PENNINE PROJECTS LTD is a micro-entity electrical installation company operating at a small scale with a modest asset base and single-employee operation. While it maintains healthy liquidity and positive net assets, its size limits competitive reach in a sector increasingly driven by technological advancements and larger contract opportunities. The company’s focused local presence and skilled leadership position it well for niche or specialized work, though scaling to capture broader industry growth trends may require strategic investment.

PENNINE PROJECTS LTD - Analysis Report

Company Number: 13666732

Analysis Date: 2025-07-20 12:02 UTC

1. Industry Classification
   PENNINE PROJECTS LTD operates within the electrical installation sector, classified under SIC code 43210. This sector primarily involves the installation, maintenance, and repair of electrical wiring and equipment in buildings and infrastructure. Typically, businesses in this sector range from small subcontractors servicing local residential and commercial projects to larger firms handling complex industrial installations. Key characteristics include high reliance on skilled labor, regulatory compliance for safety standards, and sensitivity to construction industry cycles and infrastructure investment trends.

2. Relative Performance
   As a micro-entity with just one employee and modest balance sheet totals, PENNINE PROJECTS LTD is positioned at the smallest scale within the electrical installation industry. Its fixed assets and net current assets have declined slightly over the last year, with net assets reducing from £42,042 in 2023 to £34,645 in 2024. This decline may reflect reduced capital investment or asset disposals. Compared to typical industry benchmarks, where mid-sized electrical installation companies often show turnover in the millions and employ dozens of staff, PENNINE PROJECTS LTD is a niche local operator. The company’s positive net current assets indicate adequate short-term liquidity, consistent with the sector norm for small-scale contractors managing project-based cash flows.

3. Sector Trends Impact
   The electrical installation sector is currently influenced by several dynamics: increasing demand driven by renewable energy integration, smart building technologies, and retrofitting of older buildings to meet energy efficiency standards. However, the sector also faces supply chain challenges for electrical components and skilled labor shortages. For a micro-business like PENNINE PROJECTS LTD, these trends present both opportunities and challenges. The growing market for electric vehicle (EV) charging infrastructure and energy-efficient installations could expand service demand, but limited scale and resources may constrain the company’s ability to capitalize fully on these trends compared to larger firms.

4. Competitive Positioning
   PENNINE PROJECTS LTD’s strengths lie in its focused local presence and low overhead structure typical of a micro-entity, allowing flexibility and personalized client service. Its director’s direct involvement as an electrician suggests hands-on expertise and operational control. However, the company’s small size and limited asset base restrict its ability to compete for larger contracts or invest in advanced technology and certifications that larger competitors leverage. In comparison to typical competitors in the electrical installation sector, PENNINE PROJECTS LTD is a niche player serving potentially smaller or specialized projects, likely relying on local reputation rather than scale or diversified service offerings.