Philex Electronic Limited
03391238
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/04/2023
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 3 other boards
director · Since 01/04/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 33
Also on 1 other board
Persons with Significant Control
Philex Limited
Philex House Kingfisher Wharf, London Road, Bedford, MK42 0NX
Reg: 01629476 · England · Limited Company
Notified 01/08/2016
Charges1 outstanding
IGF BUSINESS CREDIT LIMITED
SYNERGY IN TRADE LTD
HSBC INVOICE FINANCE (UK) LIMITED ("THE SECURITY HOLDER")
HSBC BANK PLC
HSBC BANK PLC
FORTIS COMMERCIAL FINANCE LIMITED
FORTIS BANK SA-NV
MIDLAND BANK PLC
CompanyRankvs 1440+ SIC 46520 peers43
Show leaderboard
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
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 31/03/2025
Net Worth
£2.2M
Balance sheet strength
Cash
£49k
Cash in the bank
Profit Before Tax
-£243k
Bottom line earnings
Net Current Assets
-£189k
Working capital
Current Assets
£6.5M
Current Liabilities
£6.7M
Fixed Assets
£313k
Debtors
£3.1M
Admin Expenses
£3.0M
Profit After Tax
-£243k
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.97 | +£1.8M |
| 2024 | 1.00 | -£541k |
| 2023 | 1.05 | -£3.0M |
| 2022 | 1.29 | +£182k |
| 2021 | 1.34 | — |
Derived from filed accounts. Not audited figures.