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Phoenix Me Limited

00255476

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1ST FLOOR, LONDON, E1 8DZ
Incorporated 02/04/1931

Compliance

Last accounts

30/09/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/10/2025

Due 23/10/2026

On track

Industry

43210
Electrical installation
43290
Other construction installation

Officers

Mr Lee David Compton

director · Since 03/04/2006

CEO

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

Mr Stewart Gary Crane

director · Since 01/02/2014

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Duncan Mcarthur

secretary · Since 01/02/2015

BRITISH

Mr Duncan Mcarthur

director · Since 01/01/2018

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Terence John Hussey

director · Since 01/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Dean George Marler

director · Since 01/04/2022

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr Sean Anthony Mark O'Connor

director · Since 31/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Mr Terrence Phillip Perkins

director · Since 31/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Nick Baish

director · Since 01/10/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Cityside Electrical Co Ltd

75–100% shares

25, Camperdown Street, London, E1 8DZ

Reg: 07252278 · Companies House · Limited Company

Notified 30/04/2018

Former PSCs

Phoenix Electrical (Holdings) Ltd

Ceased 30/04/2018

Charges1 outstanding

Charge
outstanding

COUTTS & COMPANY

Created 23/06/2023Registered 26/06/2023
charge
satisfied

ALYCIDON INVESTMENTS LIMITED

Created 04/01/2005Registered 06/01/2005Satisfied 26/05/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/12/2001Registered 28/12/2001Satisfied 26/05/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 26/01/2001Registered 01/02/2001Satisfied 04/07/2023
charge
satisfied

BARCLAYS BANK PLC

Created 22/06/1990Registered 02/07/1990Satisfied 08/06/1993

CompanyRankvs 1752+ SIC 43210 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.67× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

£44.9M

Balance sheet strength

Cash

£22.4M

Cash in the bank

Profit Before Tax

£10.7M

Bottom line earnings

Net Current Assets

£45.6M

Working capital

Current Assets

£113.5M

Current Liabilities

£67.9M

Fixed Assets

£311k

Debtors

£1.1M

Cost of Sales

£264.5M

Admin Expenses

£21.7M

Profit After Tax

£7.8M

420avg. employees+47

Tax at Year End

Corp tax£2.4M

Director Loans(2018)

Directors owe company£400.0M

People Costs

Wages & salaries£44.2M

Balance Sheet

Assets less current liabilities£45.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.67+£7.8M
20231.79+£6.4M
20221.58+£2.7M
20211.79+£3.6M
20201.59+£5.4M
20191.69+£4.3M
20181.26

Derived from filed accounts. Not audited figures.