Phoenix Plastics (West Midlands) Limited
03283629
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/03/2009
DIRECTOR
BRITISH · UNITED KINGDOM · Age 69
Also on 8 other boards
Persons with Significant Control
Mr Timothy John Hough
British · United Kingdom · Age 69
63 Brownshore Lane, Essington, Wolverhampton, WV11 2AE
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 2055+ SIC 22290 peers33
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2023
Net Worth
£100
Balance sheet strength
Cash
£393
Cash in the bank
Net Current Assets
-£72k
Working capital
Current Assets
£11k
Current Liabilities
£83k
Fixed Assets
£4k
Debtors
£9k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.13 |
| 2022 | 0.16 |
| 2021 | 0.19 |
| 2020 | 0.07 |
| 2019 | 0.08 |
Derived from filed accounts. Not audited figures.