Phashion Limited
08385814
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/02/2013
ECOMMERCE
BRITISH · ENGLAND · Age 59
Also on 5 other boards
Persons with Significant Control
Mr Phillip William Boucher
British · England · Age 59
58, Cannock Road, Cannock, WS11 5BY
Notified 01/02/2017
Charges0 outstanding
BCRS CIEF LIMITED
CompanyRankvs 44266+ SIC 47910 peers31
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern
Key FinancialsYear ending 31/03/2025
Net Worth
-£10k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£9k
Current Liabilities
£19k
Fixed Assets
£231
Debtors
£181
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.47 | +£2k |
| 2024 | 0.37 | +£3k |
| 2023 | 0.36 | — |
Derived from filed accounts. Not audited figures.