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Phoenix Systems Uk Limited

04356233

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

48 STANDARD WAY, FAREHAM, PO16 8XQ
Incorporated 18/01/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26120
Manufacture of loaded electronic boards

Officers

Mr Stephen Keith Jacobs

director · Since 18/01/2002

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Amanda Jacobs

secretary · Since 31/01/2013

BRITISH

Persons with Significant Control

Phx Holdings Limited

75–100% shares
75–100% votes
Appoint directors

48, Standard Way, Fareham, PO16 8XQ

Reg: 13097882 · Companies House · Limited By Shares

Notified 01/03/2021

Former PSCs

Mr Stephen Keith Jacobs

Ceased 01/03/2021

Charges2 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 22/02/2021Registered 26/02/2021Satisfied 18/12/2024
Charge
outstanding

LLOYDS BANK PLC

Created 11/12/2020Registered 11/12/2020
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 18/12/2018Registered 24/12/2018
charge
satisfied

HSBC BANK PLC

Created 02/07/2010Registered 07/07/2010Satisfied 11/12/2020
charge
satisfied

HSBC BANK PLC

Created 28/12/2005Registered 30/12/2005Satisfied 30/11/2020
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 25/02/2003Registered 26/02/2003Satisfied 19/08/2020
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 27/03/2002Registered 28/03/2002Satisfied 19/08/2020

CompanyRankvs 55+ SIC 26120 peers
60

Financial strength92th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.33× · 12/20
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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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.

Employees15/15 pts

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

Liquidity12/20 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

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 director with respect to going con

Key FinancialsYear ending 28/02/2025

Turnover

£14.2M

Annual revenue

Net Worth

£1.8M

Balance sheet strength

Cash

£417k

Cash in the bank

Profit Before Tax

£911k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£6.0M

Current Liabilities

£4.5M

Fixed Assets

£592k

Debtors

£3.5M

Cost of Sales

£10.6M

Gross Profit

£3.6M

Admin Expenses

£2.6M

Operating Profit

£950k

Profit After Tax

£694k

112avg. employees-1

Tax at Year End

Corp tax£210k
Dividends paid£538k

People Costs

Wages & salaries£3.3M
NI contributions£319k

Balance Sheet

Bank loans & overdrafts£100k
Assets less current liabilities£2.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.33+£156k
20241.28+£449k
20231.20-£84k
20221.38+£127k
20211.82-£359k
20201.44+£112k
20191.30

Derived from filed accounts. Not audited figures.