Phillips Direct Limited

Phillips Direct Limited, based in Berkhamsted, UK, is a small holding company with an active status, celebrating 41 years since its founding in 1984. The company employs nine people and holds assets valued at £447,205. With a real address and three directors, it operates as an irregular importer and exporter of plastics and plastic products, with recent activity recorded in November 2024 for imports and July 2024 for exports.

The company’s website showcases a broad range of design solutions, retail packaging, presentation products, and sustainable options. It’s clear that Phillips Direct Limited is focused on providing creative product solutions, manufacturing presentation, promotional, and packaging items. They offer custom ring binders, product packaging, and even foam inserts, catering to various business needs. The website highlights UK-based production, design, and manufacturing, emphasizing sustainability and offering bespoke ring binder creation services.

Financially, Phillips Direct Limited's numbers present a mixed picture. Current assets have increased by a modest 0.83% to £450,000, while net assets remained stable at £280,000. However, bank borrowings have increased significantly by 240%, reaching £23,000, and cash reserves have decreased by 81% to £9,300. Trade creditors have also risen by 6.8%, suggesting a potential need for better cash flow management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in borrowing and decrease in cash warrants attention. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Phillips Direct Limited appears to be navigating a period of change, balancing growth with financial pressures. The company’s focus on creative product solutions and sustainable practices positions it well for the future, but careful management of its finances will be crucial for long-term success.

Registered in England/Wales under the registration number 01794730, with a registered address at HP4 1EH, England, Berkhamsted, Hertfordshire, Unicorn House, Northbridge Road.

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