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Phoenix Threads Limited

16085090

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FLAT 3, SOUTH CROYDON, CR2 0AG
Incorporated 18/11/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47799
Retail sale of second-hand goods in stores

Officers

Ms Luci Howgate

director · Since 18/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Howgate House Ltd

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

10, Dean Way, Pulborough, RH20 4QS

Reg: 15835694 · Uk Register Of Companies · Private Company Limited By Shares

Notified 18/11/2024

CompanyRankvs 1286+ SIC 47799 peers
47

Financial strength20th percentile among SIC peers · 5/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 48.26× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees5/15 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.

Longevity2/15 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 30/11/2025

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£2k

Current Liabilities

£35

Fixed Assets

£337

1avg. employees

Balance Sheet

Total assets£2k

EstimatesDerived

YearCurrent Ratio
202548.26

Derived from filed accounts. Not audited figures.