Phd (uk) Ltd

Phd (uk) Ltd is a small, active company based in London, UK, established eleven years ago in January 2014. With two employees and £50,296 in assets, it operates from a virtual address shared by 886 other companies, a bit unusual. The company is led by two directors and has one owner, with recent changes to both lists suggesting a period of transition. It’s an irregular importer, primarily dealing in plastics and plastic products, with just one month of import activity recorded as of September 2023. The company's business involves retail sale via mail order houses or via internet.

The company's website, while minimal, highlights a focus on retail sales through online channels. There's not much to see, but it does confirm the company's core business model.

Financially, Phd (uk) Ltd presents a mixed picture. Cash bank on hand dropped by 25% to £11,000, while bank borrowings increased by 29% to £12,000. Creditors decreased by 49% to £12,000, which is a positive sign, but finished goods rose by 39% to £40,000. The company's net assets and equity both decreased by 3.2% to -£38,000. Trade debtors decreased significantly by 96% to just £140. The company is a small entity, meeting two of three conditions for size, and the accounts are unaudited. It's a bit concerning that the company is in a negative equity position, but the decrease in creditors is encouraging.

The recent changes to the director and owner lists, combined with the fluctuating financials, suggest the company is navigating a period of adjustment. Whether this is a temporary setback or a longer-term challenge remains to be seen, but for now, Phd (uk) Ltd is relying on its online retail operations to weather the storm.

Registered in England/Wales under the registration number 08843219, with a registered address at N1 7GU, London, 20-22 Wenlock Road.

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