{"name":"PENNAMED LIMITED","company_number":"06109475","status":"Active","type":"Private Limited Company","incorporated":"2007-02-16","dissolved":null,"registered_office":"30 Redcliff Road Melton Industrial Park, Melton, East Yorkshire, HU14 3RS","postcode":"HU14 3RS","sic_codes":[{"code":46460,"description":"Wholesale of pharmaceutical goods"},{"code":82990,"description":"Other business support service activities not elsewhere classified"}],"principal_activity":"The principal activity of the company is the sale of medical equipment.","previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":21,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":7224614,"cash":4421368,"average_employees":21},{"financial_date":"2025-03-31","net_assets":5036254,"cash":3178952,"average_employees":19},{"financial_date":"2024-03-31","net_assets":3618931,"cash":1909452,"average_employees":17},{"financial_date":"2023-03-31","net_assets":2729417,"cash":1169669},{"financial_date":"2022-03-31","net_assets":2525077,"cash":1840152}],"officers":{"current":4,"resigned":4,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"PENNAMED LIMITED has built an impressive strategic position through specialized NHS endoscopic consumables distribution, evidenced by extraordinary recent growth that has doubled net assets to £7.2M in two years while maintaining a cash-rich, low-leverage balance sheet. The immediate strategic imperative is converting this financial strength into sustainable competitive advantages—through private sector diversification, geographic expansion, and working capital optimization—while managing the NHS dependency risk and leadership transition that could define the company's next chapter. The £4.4M cash reserve represents either a powerful strategic weapon or a drag on returns, depending on management's willingness to deploy it decisively.","website":"http://pennamed.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/pennamed","people":"https://www.companiesintheuk.co.uk/company/pennamed/people","filing_history":"https://www.companiesintheuk.co.uk/company/pennamed/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/06109475","financials":"https://www.companiesintheuk.co.uk/company/pennamed/financial","control":"https://www.companiesintheuk.co.uk/company/pennamed/control","charges":"https://www.companiesintheuk.co.uk/company/pennamed/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/pennamed/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/pennamed"}