{"name":"PENNGUIN LIMITED","company_number":"07162277","status":"Active","type":"Private Limited Company","incorporated":"2010-02-18","dissolved":null,"registered_office":"Enterprise House 15 Rolling Mill Road, Viking Industrial Park, Jarrow, Tyne And Wear, England, NE32 3DP","postcode":"NE32 3DP","sic_codes":[{"code":46900,"description":"Non-specialised wholesale trade"}],"principal_activity":null,"previous_names":[{"name":"AVIDES NE LIMITED","changed_on":"2022-01-19"},{"name":"EXCESS INVENTORY LIMITED","changed_on":"2020-09-30"}],"warnings":[],"accounts":{"category":"Group","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":22,"accounts_date":"2021-12-31"},"financials":[{"financial_date":"2021-12-31","net_assets":2112357,"cash":2276656,"average_employees":22},{"financial_date":"2020-12-31","net_assets":689406,"cash":321899,"average_employees":14},{"financial_date":"2019-12-31","net_assets":105997,"cash":102553},{"financial_date":"2019-02-28","net_assets":4421,"cash":6826},{"financial_date":"2018-02-28","net_assets":5570}],"officers":{"current":2,"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":"Pennguin Limited has achieved exceptional growth, scaling from near-dormancy to a £4.4M asset business within five years, underpinned by a £2.28M cash position and a strategic pivot from excess inventory liquidation to full-service ecommerce partnership. The company's primary strategic imperative is converting its liquidity advantage into defensible competitive infrastructure—technology, talent, and geographic reach—before the current hypergrowth cycle matures, while carefully managing the working capital dynamics and creditor structure that accompany rapid scaling. Success will depend on whether Pennguin can transition from a founder-driven operation to an institutional-grade platform capable of sustaining its \"Europe's leading\" positioning.","website":"https://pennguin.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/pennguin","people":"https://www.companiesintheuk.co.uk/company/pennguin/people","filing_history":"https://www.companiesintheuk.co.uk/company/pennguin/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07162277","financials":"https://www.companiesintheuk.co.uk/company/pennguin/financial","control":"https://www.companiesintheuk.co.uk/company/pennguin/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/pennguin/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/pennguin"}