Phoenix Advance Limited
09073239
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 05/06/2026
Due 19/06/2027
Industry
Officers
director · Since 04/07/2014
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 4 other boards
director · Since 01/01/2024
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 3 other boards
Persons with Significant Control
Mr Arjen De Jong
Dutch · Netherlands · Age 56
1 Victoria Stables, Essex Way, Bourne, PE10 9JZ
Notified 01/01/2021
Mr Paul Christian Lee Knight
British · United Kingdom · Age 55
1 Victoria Stables, Essex Way, Bourne, PE10 9JZ
Notified 01/01/2021
Charges1 outstanding
KROLL TRUSTEE SERVICES LIMITED (AS SECURITY AGENT (AS DEFINED IN THE INSTRUMENT UPLOADED WITH T
NATIXIS AS SECURITY AGENT
NATIXIS SA
LLOYDS BANK PLC (AS TRUSTEE FOR THE SECURED PARTIES). REGISTERED ADDRESS: 25 GRESHAM STREET, LO
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 35383+ SIC 64209 peers19
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
UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; assess the group and parent company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and use the going concern basis of accounting unless they either intend to liquidate the group or the parent company or to c
Key FinancialsYear ending 31/12/2024
Net Worth
-£67k
Balance sheet strength
Cash
£2.9M
Cash in the bank
Net Current Assets
£1.5M
Working capital
Current Assets
—
Current Liabilities
£188k
Fixed Assets
£17.5M
Debtors
£15.7M
Cost of Sales
£52.8M
Profit After Tax
£7.0M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£1.9M |
| 2023 | — | +£462k |
| 2022 | — | -£2.7M |
| 2021 | Infinity | +£198k |
| 2020 | 2.26 | -£72k |
| 2019 | 12.37 | — |
Derived from filed accounts. Not audited figures.