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Phoenix (Sidmouth) Ltd

09765314

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

30 HIGH STREET, SIDMOUTH, EX10 8EJ
Incorporated 07/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Baoqing Zhang

director · Since 07/09/2015

CHEF

CHINESE · ENGLAND · Age 51

Persons with Significant Control

Mr Baoqing Zhang

75–100% shares

English · England · Age 51

30, High Street, Sidmouth, EX10 8EJ

Notified 06/04/2016

CompanyRankvs 24047+ SIC 56103 peers
42

Financial strength9th percentile among SIC peers · 2/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 30/09/2024

Net Worth

-£28k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£25k

Current Liabilities

£63k

Fixed Assets

£11k

Debtors

£12k

5avg. employees-2
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.39-£8k
20230.37-£5k
20220.55-£3k
20210.69+£13k
20200.51+£7k
20190.36-£7k
20180.39

Derived from filed accounts. Not audited figures.