Inphoenix Ltd

Inphoenix Ltd, based in London, UK, is a small, active company founded four years ago in 2020. It's a solo founder operation with one director and owner, operating from a virtual address where 2501 other companies are registered. The company’s confirmation statement is overdue by three months. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, inphoenixpvtltd.com, reveals a business specializing in wall art manufacturing and exporting from Pakistan. They offer acrylic and wooden wall art, with a focus on Islamic-inspired designs and crushed diamond accents. The site highlights a range of products, from table art to wall clocks, and emphasizes craftsmanship and elegance. It seems like they are operating an e-commerce business, selling directly to consumers.

Financially, Inphoenix Ltd presents a picture of a very small operation. Cash on hand remains steady at £1, but net assets and liabilities are both fixed at £290. Creditors are also fixed at £200, both within and after one year. The company's revenue recognition policy states turnover comprises invoiced value of goods and services, net of VAT and trade discounts. They are applying FRS 102 accounting standards, and the accounts are audit exempt with an accountants report. While the company is small and benefits from the small companies regime, the lack of growth in assets and the reliance on retained earnings suggest a conservative approach. It's possible the business is operating at a break-even point, or perhaps reinvesting profits into the business. There is no auditor mentioned.

Registered in England/Wales under the registration number 13048001, with a registered address at WC1X 0ND, United Kingdom, London, 2 Frederick Street, Kings Cross.

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