STANCROFT CAPITAL LIMITED

1. STANCROFT CAPITAL LIMITED 1994-01-31 → present
2. DEVELOPMENTS COMMERCIAL AND INDUSTRIAL (HOLDINGS) LIMITED 1974-05-03 → 1994-01-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company's management has made an assessment of the company's ability to continue as a going concern and is satisfied that the company has sufficient resources to continue in business for the foreseeable future. The financial statements have been prepared on the going concern basis, which contemplates the realisation of assets and the settlement of liabilities in the ordinary course of business.”

Group structure

1. STANCROFT CAPITAL LIMITED · parent
   1. Penduline Ltd 100% · UK · Dormant

Significant events

• “During the year the company transferred its main assets and contracts to the parent company and reduced share capital and reserves to leave a small amount of cash and other assets in the balance sheet.”
• “In April 2024 all employees were transferred to the parent company on the same terms and conditions, with continuity of service and all existing benefits being fully preserved.”
• “On the 2nd October 2024 the Company allotted 40,775,650 ordinary shares to existing shareholders. On the 3rd October 2024 62,775,650 ordinary shares with a nominal value of £0.10 were cancelled and extinguished. The reduction of which was credited to the profit and loss reserve.”
• “On the 24th September 2024, the subsidiary listed above changed their name from Stancroft Financial Research Ltd to Penduline Ltd.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

3

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -77%

  £2,921,320 → £673,200

• Cash

  -48.1%

  £230,368 → £119,586

• Net assets

  -98.8%

  £27,262,821 → £330,615

• Employees

  -53.8%

  13 → 6

• Operating profit

  -47.8%

  £166,128 → £86,710

• Profit before tax

  +1,972.5%

  £95,763 → £1,984,684

• Wages

  -85.9%

  £2,256,446 → £318,047

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers