Phase 3 Connectors Ltd

Phase 3 Connectors Ltd, based in Liverpool, UK, is a small, active company founded nine years ago. Employing 23 people and boasting £7,732,036 in assets, it's a privately owned British manufacturer specializing in industrial power plugs and devices. The company holds a stellar 5.0 Google rating from just two reviews, and operates from a real address at Knowsley Business Park. While it has six directors, there are no reported owners, which is not unusual for smaller firms.

The company’s website highlights its focus on quality and British craftsmanship. It manufactures Powersafe connectors, used in a wide range of industries from power generation to events, and even aerospace. The site features detailed product information, brochures, and a handy online configurator allowing customers to design bespoke orders. It also has a separate division focused on piano restoration, which is interesting.

Financially, Phase 3 Connectors Ltd shows a mixed picture. While current assets increased by a solid 21%, reaching £7,700,000, net assets also jumped by 31%, hitting £5,600,000. However, cash bank on hand decreased by 5.1% to £2,700,000. Dividends paid on shares saw a massive 490% increase, reaching £1,700,000, which could indicate a significant payout to shareholders. Trade debtors decreased by 5.5% to £2,000,000, which is a good sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size and exemption from audit.

The surge in dividends is a notable detail, and it's possible the company is reinvesting less in growth. The decrease in cash reserves, alongside the increased dividends, suggests the company might be burning through cash a little faster than it's bringing in revenue. It's a well-regarded manufacturer with a strong online presence, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 09858827, with a registered address at L34 9HX, United Kingdom, Liverpool, Knowsley Business Park, Randles Road.

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