Phi Lighting Limited

Phi Lighting Ltd, based in Coventry, UK, is a small holding company with an active status, celebrating 22 years since its founding in 2003. Employing nine people and holding assets of £1,610,175, the company operates from a real address and is managed by three directors and one owner. Phi Lighting is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 61 months of import activity recorded, the last in January 01, 2025.

The company operates as agents specializing in the sale of other particular products industries. Its website is not available for analysis.

Financially, Phi Lighting Ltd presents a mixed picture. Current assets decreased by 17% to £1,600,000, while net assets also fell by 7% to £1,500,000. Trade debtors increased significantly by 35%, reaching £260,000, suggesting potentially delayed payments or expanded credit terms. Creditors decreased by 61%, a positive sign of better debt management. Cash reserves fell by 19%, dropping to £1,200,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are filleted, and no auditor is mentioned, likely due to the company’s small size.

Overall, Phi Lighting Ltd appears to be navigating a period of change. While asset values have declined and cash reserves have been reduced, improved debt management suggests a focus on financial stability. The company’s holding structure and regular import activity indicate a strategic approach to its business operations, but the sharp decline in equity raises questions about its long-term financial health.

Registered in England/Wales under the registration number 04656474, with a registered address at CV6 6HH, England, Coventry, 6 Oban Road.

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