Phil Day Ltd

Phil Day Ltd, based in Brentwood, UK, is a small, active company founded eight years ago in 2016. The company holds £343,578 in assets and operates from a virtual address, a detail that's a little unusual as 655 companies are registered at the same location. It's managed by three directors and has one owner, Hughes Nigel Andrew. Phil Day Ltd regularly imports and exports clothing and accessories, excluding knitted or crocheted items, with 66 months of import activity and 6 months of export activity recorded.

The company’s website, Phil Day's Sports Hub, focuses on sports-related content, with articles covering topics like football transfers, health updates for athletes, and the dying out of certain American sports. The site, written by Caden Fitzroy, seems to be a blog or news platform rather than an e-commerce site, suggesting a content-driven business model. It’s not clear how closely the sports hub is linked to Phil Day Ltd’s core business, but both emphasize British operations.

Financially, Phil Day Ltd shows some interesting trends. Cash bank on hand has increased significantly, jumping 110% to £250,000, which is a positive sign. However, accrued liabilities deferred income remained steady at £2,500. Creditors have risen by 44% to £200,000, and trade debtors have increased by 140% to £92,000. Equity has increased by a substantial 490% to £150,000, and net current assets and liabilities have also increased significantly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for flexibility, but the rise in debtors could indicate challenges in collecting payments. No auditor is mentioned, meaning the financial statements are unaudited.

Overall, Phil Day Ltd appears to be a company in a growth phase, but the increased debtors need to be monitored closely. It’s a little strange that the company is importing and exporting clothing while also running a sports blog, but it’s possible these are distinct ventures or that the blog serves to promote the clothing business.

Registered in England/Wales under the registration number 10200646, with a registered address at CM13 1AB, England, Brentwood, Essex, Create Business Hub, Ground Floor 5 Rayleigh Road, Hutton.

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