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Philips Limited

02876979

active
Private Limited Company
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)
  • 1 outstanding charge (-2)

Details

PARKLANDS, CO DURHAM, DH7 0JE
Incorporated 01/12/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46719
Wholesale of other fuels and related products

Officers

Mr Philip Charles Wilks

director · Since 20/06/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 11 other boards

Mr Joshua Charles Wilks

secretary · Since 17/03/2009

SECRETARY

BRITISH · Age 51

Also on 8 other boards

Mr Joshua Charles Wilks

director · Since 15/05/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 8 other boards

Persons with Significant Control

Mr Joshua Charles Wilks

75–100% shares
75–100% votes

British · United Kingdom · Age 51

Parklands, Lanchester, Co Durham, DH7 0JE

Notified 01/03/2018

Former PSCs

Mr Philip Wilks

Ceased 01/03/2018

Charges1 outstanding

Charge
outstanding

PHILLIPS 66 LIMITED

Created 29/10/2024Registered 29/10/2024

CompanyRankvs 81+ SIC 46719 peers
71

Financial strength91th percentile among SIC peers · 23/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£557k

Cash in the bank

Net Current Assets

£687k

Working capital

Current Assets

£1.6M

Current Liabilities

£866k

Fixed Assets

£933k

Debtors

£895k

Profit After Tax

£410k

5avg. employees

Tax at Year End

Corp tax£152k
Dividends paid£84k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.79+£339k
20231.83+£326k
20221.45+£334k
20211.78+£123k
20201.52+£164k
20191.40+£100k
20181.36+£106k
20161.36

Derived from filed accounts. Not audited figures.