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Phoenix Commercial Ltd

06818642

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

338 DUDLEY ROAD, WOLVERHAMPTON, WV2 3JY
Incorporated 13/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Paldip Singh Reehal

secretary · Since 13/02/2009

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Mr Paldip Singh Reehal

director · Since 13/02/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Mr Manvir Singh Reehal

director · Since 13/02/2016

DENTIST

BRITISH · ENGLAND · Age 37

Also on 3 other boards

Persons with Significant Control

Mr Paldip Singh Reehal

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

338 Dudley Road, Blakenhall, Wolverhampton, WV2 3JY

Notified 06/04/2016

Mr Manvir Singh Reehal

25–50% shares
25–50% votes
Appoint directors

British · England · Age 37

37 Ednam Road, Wolverhampton, WV4 5BP

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 08/06/2015Registered 17/06/2015Satisfied 14/06/2024
Charge
satisfied

LLOYDS BANK PLC

Created 29/05/2015Registered 02/06/2015Satisfied 14/06/2024

CompanyRankvs 33810+ SIC 68209 peers
69

Financial strength76th percentile among SIC peers · 19/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 4.93× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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33810Phoenix Commercial Ltd
69
How is this score calculated?
Financial strength19/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£77k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£24k

Current Liabilities

£5k

Fixed Assets

£520k

Balance Sheet

Assets less current liabilities£539k
Signed by Mr Paldip Reehal 16/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.93+£21k
20241.07+£9k
20235.77—

Derived from filed accounts. Not audited figures.