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Phoenix Eye Ltd

06360167

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

PATRICK HOUSE GOSFORTH PARK AVENUE, NEWCASTLE UPON TYNE, NE12 8EG
Incorporated 04/09/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

80200
Security systems service activities

Officers

Mr Neill Aidan Winch

secretary · Since 04/09/2007

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 57 other boards

Mr Neill Aidan Winch

director · Since 04/09/2007

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 57 other boards

Ms Donna Winch

director · Since 13/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 9 other boards

Persons with Significant Control

Phoenix Security Holdings Limited

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

Patrick House, Gosforth Park Avenue, Newcastle Upon Tyne, NE12 8EG

Reg: 10174638 · England And Wales · Private Limited Company

Notified 13/09/2022

Former PSCs

Mr Neill Aidan Winch

Ceased 13/09/2022

Danieli Holdings Limited

Ceased 13/09/2022

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 29/12/2023Registered 09/01/2024
Charge
satisfied

HSBC UK BANK PLC

Created 20/10/2022Registered 21/10/2022Satisfied 22/06/2023
Charge
satisfied

HSBC UK BANK PLC

Created 13/09/2022Registered 16/09/2022Satisfied 22/06/2023
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 09/09/2022Registered 15/09/2022Satisfied 22/06/2023
Charge
satisfied

AIB GROUP (UK) PLC T/A ALLIED IRISH BANK (GB)

Created 31/10/2014Registered 06/11/2014Satisfied 18/10/2022
Charge
satisfied

AIB GROUP (UK) PLC

Created 27/10/2014Registered 30/10/2014Satisfied 18/10/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 04/01/2013Registered 22/01/2013Satisfied 12/11/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 13/11/2012Registered 20/11/2012Satisfied 12/11/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 14/07/2011Registered 28/07/2011Satisfied 12/11/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 11/08/2010Registered 12/08/2010Satisfied 12/11/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 13/10/2009Registered 16/10/2009Satisfied 12/11/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 30/09/2009Registered 02/10/2009Satisfied 12/11/2014
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 02/09/2009Registered 05/09/2009Satisfied 12/11/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/11/2008Registered 13/11/2008Satisfied 05/02/2010
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 22/02/2008Registered 08/03/2008Satisfied 05/01/2010

CompanyRankvs 341+ SIC 80200 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.16× · 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 strength25/25 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 directors with respect to

Key FinancialsYear ending 30/04/2023

Net Worth

£1.6M

Balance sheet strength

Cash

£125

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£8.4M

Current Liabilities

£7.2M

Fixed Assets

£882k

Debtors

£8.3M

Cost of Sales

£6.3M

Admin Expenses

£3.5M

Profit After Tax

£1.2M

422avg. employees-369

Tax at Year End

Corp tax£78k
Dividends paid£300k

People Costs

Wages & salaries£7.1M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£311k
Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.16+£920k
20221.00

Derived from filed accounts. Not audited figures.