Phillip Jeffries Ltd

Phillip Jeffries Ltd, based in London, UK, is a small, family-run business with an active status, having been founded eleven years ago in 2013. Employing twenty-one people, the company holds £1,757,704 in assets, though its registered address is a virtual one, shared by over a hundred other companies. Two directors and two owners—Bershad Jeffrey Michael and Bershad Philip Matthew—manage the business, which regularly imports and exports paper and paperboard products.

The company’s core business revolves around wallcovering, as evidenced by its website, Phillip Jeffries. The site showcases a wide range of products, from florals and prints to rich textures, and actively promotes new arrivals and seasonal collections. It’s clear that Phillip Jeffries operates as a wholesaler or distributor, catering to interior designers and trade professionals, with a focus on high-end, specialty wallcoverings. The website is well-designed and features extensive galleries, installation photos, and technical resources, indicating a strong emphasis on marketing and customer support. It's not an e-commerce site, but rather a platform for showcasing its offerings and connecting with trade partners.

Financially, Phillip Jeffries Ltd presents a mixed picture. While current assets increased by 15% to £1,800,000, net assets plunged 790% to -£160,000. Bank borrowings jumped a staggering 39%, reaching £820,000, and cash reserves fell 15% to £610,000. Creditors, however, decreased by 44%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the dramatic equity decline is concerning. The average number of employees increased by 24% to twenty-six. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements.

Overall, Phillip Jeffries Ltd appears to be navigating a challenging financial period. While its core business—specialty wallcovering—remains strong, the company needs to address its equity decline and manage its debt levels to ensure long-term sustainability.

Registered in England/Wales under the registration number 08753832, with a registered address at W1F 8GQ, United Kingdom, London, 3rd Floor Waverley House, 7-12 Noel Street.

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