Philex Limited
01629476
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/03/2025
group
Next accounts due
31/12/2026
Confirmation statement
Last: 10/08/2026
Due 24/08/2027
Industry
Officers
director · Since 01/04/2023
FINANCE DIRECTOR
BRITISH · ENGLAND
Also on 3 other boards
secretary · Since 15/11/2024
Former
director · Resigned 30/07/1995
director · Resigned 12/01/1998
director · Resigned 12/01/1998
director · Resigned 09/07/1999
secretary · Resigned 09/07/1999
director · Resigned 17/12/1999
director · Resigned 19/05/2000
director · Resigned 07/09/2000
director · Resigned 15/12/2005
director · Resigned 31/03/2006
director · Resigned 03/05/2006
secretary · Resigned 01/02/2007
director · Resigned 01/02/2007
secretary · Resigned 01/02/2007
director · Resigned 03/01/2008
director · Resigned 16/04/2014
director · Resigned 30/04/2017
director · Resigned 31/05/2017
director · Resigned 02/05/2018
director · Resigned 31/08/2019
director · Resigned 20/09/2019
director · Resigned 25/05/2021
director · Resigned 25/10/2021
director · Resigned 30/04/2023
secretary · Resigned 15/11/2024
director · Resigned 10/12/2025
Persons with Significant Control
Mr Massoud Saboorian
British · Hong Kong
Notified 19/09/2019
Former PSCs
Philex Holdings Limited
Ceased 19/09/2019
Charges1 outstanding
IGF BUSINESS CREDIT LIMITED
HSBC UK BANK PLC
SYNERGY IN TRADE LTD
HSBC BANK PLC
HSBC BANK PLC
Change History
Active
Private Limited Company
PHILEX HOUSE
BEDFORD
CompanyRankvs 6213+ SIC 70100 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 31/03/2025
Net Worth
£988k
Balance sheet strength
Cash
£53k
Cash in the bank
Profit Before Tax
-£1.3M
Bottom line earnings
Net Current Assets
-£1.7M
Working capital
Current Assets
—
Current Liabilities
£2.3M
Fixed Assets
£6.9M
Debtors
£3.7M
Cost of Sales
£17.1M
Admin Expenses
£4.3M
Profit After Tax
-£1.3M
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£2.9M |
| 2024 | 0.35 | +£1.3M |
| 2023 | 1.74 | — |
Derived from filed accounts. Not audited figures.