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Philex Limited

01629476

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

PHILEX HOUSE, BEDFORD, MK42 0NX
Incorporated 16/04/1982

Compliance

Last accounts

31/03/2025

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/08/2025

Due 24/08/2026

On track

Industry

70100
Activities of head offices

Officers

Mr Massoud Saboorian

director · Since 10/08/1992

IMPORTER

BRITISH · UNITED KINGDOM · Age 76

Mr Cyrus Moshaver Sabourian

director · Since 03/11/2021

COMPANY DIRECTOR

BRITISH · HONG KONG · Age 33

Mr Malcolm David Pritchard

director · Since 01/04/2023

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mr Ian Taylor

director · Since 01/04/2023

CONSULTANT

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Malcolm David Pritchard

secretary · Since 15/11/2024

Also on 3 other boards

Persons with Significant Control

Mr Massoud Saboorian

25–50% shares

British · Hong Kong · Age 76

Unit A-C 22/F, 8 Hart Avenue, Kowloon

Notified 19/09/2019

Former PSCs

Philex Holdings Limited

Ceased 19/09/2019

Charges1 outstanding

Charge
outstanding

IGF BUSINESS CREDIT LIMITED

Created 10/02/2023Registered 13/02/2023
Charge
satisfied

HSBC UK BANK PLC

Created 07/02/2023Registered 08/02/2023Satisfied 06/04/2023
Charge
satisfied

SYNERGY IN TRADE LTD

Created 10/08/2022Registered 11/08/2022Satisfied 13/09/2022
charge
satisfied

HSBC BANK PLC

Created 17/02/2010Registered 23/02/2010Satisfied 22/02/2023
charge
satisfied

HSBC BANK PLC

Created 12/01/2010Registered 14/01/2010Satisfied 22/02/2023
charge
satisfied

FORTIS BANK SA-NV

Created 01/04/2004Registered 15/04/2004Satisfied 10/03/2010
charge
satisfied

FORTIS BANK SA-NV

Created 01/04/2004Registered 08/04/2004Satisfied 10/03/2010
charge
satisfied

HSBC BANK PLC

Created 12/06/2000Registered 13/06/2000Satisfied 28/04/2007
charge
satisfied

MIDLAND BANK PLC

Created 05/11/1996Registered 07/11/1996Satisfied 28/04/2007
charge
satisfied

MIDLAND BANK PLC

Created 06/03/1996Registered 08/03/1996Satisfied 23/12/2004
charge
satisfied

MIDLAND BANK PLC

Created 27/02/1996Registered 06/03/1996Satisfied 28/04/2007
charge
satisfied

MIDLAND BANK PLC

Created 27/02/1996Registered 06/03/1996Satisfied 14/07/2009
charge
satisfied

HONG KONG AND SHANGHAI BANKING CORPORATION LIMITED

Created 16/02/1996Registered 04/03/1996Satisfied 28/04/2007
charge
satisfied

THE HONG KONG AND SHANGHAI BANKING CORPORATION LIMITED

Created 10/11/1995Registered 15/11/1995Satisfied 28/04/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/12/1992Registered 05/01/1993Satisfied 27/08/1997
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/09/1986Registered 26/09/1986Satisfied 14/07/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/04/1986Registered 10/04/1986Satisfied 17/12/1999
charge
satisfied

MASSOUD SABOURIAN MINA DOEMETCHI · KAMAL FOROUGHI ABRI

Created 22/07/1983Registered 13/12/1983Satisfied 17/12/1999

CompanyRankvs 6156+ SIC 70100 peers
38

Financial strength81th percentile among SIC peers · 20/25
Employees52th percentile among SIC peers · 8/15
LiquidityNo balance sheet data · 0/20
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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6156Philex Limited
58
How is this score calculated?
Financial strength20/25 pts

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

Employees8/15 pts

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

Liquidity0/20 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

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

1avg. employees-5

Tax at Year End(2024)

Corp tax£0

People Costs

Wages & salaries£2.0M

Balance Sheet

Intangible assets£182k
Bank loans & overdrafts£2.9M
Assets less current liabilities£5.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£2.9M
20240.35+£1.3M
20231.74+£361k
20221.43+£342k
20210.67—

Derived from filed accounts. Not audited figures.