Blue Phoenix Limited

Blue Phoenix Ltd, based in Bourne, UK, is a sizable company operating as a holding entity with an active status. Established 28 years ago in December 1996, it employs 181 people and holds assets worth £32.663 million. The company has a real address, is overseen by three directors, and is owned by Phoenix Advance Ltd. Blue Phoenix is a regular importer of machinery, boilers, and mechanical appliances; parts (imported for 17 months, last import December 2024), and a regular exporter of ores, slag, and ash (exported for 54 months, last export February 2025).

The company’s website paints a picture of a global leader in waste-to-energy residue recycling. Blue Phoenix specializes in processing incinerator bottom ash (IBA), transforming it into valuable minerals and metals. It offers solutions for IBA processing, metal recycling, and supplying low-carbon alternatives to primary mined minerals. The company emphasizes sustainability, circular economy principles, and partnerships within the waste-to-energy sector. It operates globally, with facilities in the UK, Europe, the USA, Australia, Asia, and the Middle East. The website is primarily informational, detailing services and highlighting the company’s commitment to environmental responsibility, rather than functioning as an e-commerce platform.

Financially, Blue Phoenix Ltd shows some concerning trends. Cash bank on hand dropped significantly by 66%, falling to £4.8 million. Bank borrowings increased by 350%, reaching £20 million, and administrative expenses rose by 26% to £10 million. However, net assets increased by 7.9% to £32 million, and creditors decreased by 9.7%. Trade debtors have increased substantially, by 130%, suggesting potential issues with customer payments. The company’s size (meeting two of three criteria for a large company) and the lack of auditor information (likely exempt) make a full financial assessment difficult. The company's director remuneration remained constant at £5.4 million.

The sharp decrease in cash reserves, coupled with the rise in borrowings, suggests Blue Phoenix may be burning through cash faster than it’s generating revenue. However, the increase in net assets indicates the company’s underlying business remains valuable. It's possible the company is investing heavily in expansion or new technologies, which could explain the short-term cash flow challenges.

Registered in England/Wales under the registration number 03290431, with a registered address at PE10 9JZ, Bourne, Lincolnshire, 1 Victoria Stables, Essex Way.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.