Phoebe Telecoms Ltd

Phoebe Telecoms Ltd, a small holding company based in London, UK, has been active for seven years. With just two employees and £634,843 in assets, the company operates from a virtual address shared by sixteen other businesses, raising some questions. It's managed by three directors and owned by Phoebe Ile De France. The company is irregular importer, specializing in optical and medical tools and devices, with its last import activity occurring two months ago in December 2022.

The company's website paints a picture of a technical services provider, offering turnkey implementation, engineering support, IT solutions, and recruitment services. It caters to telecom, defense, and manufacturing sectors, providing solutions like WDM network management, IT equipment distribution, and specialized staffing. Phoebe Telecoms Ltd also boasts a network of consultants and partners, offering expertise in telecommunications, electronics, and industrial engineering. The website highlights a history of growth, starting as a mechanical and electronic engineering consultancy and evolving into a provider of telecom and IT solutions.

Financially, Phoebe Telecoms Ltd shows a mixed picture. Current assets have decreased by 11% to £630,000, while net assets have increased by 49% to £320,000. Bank borrowings have decreased by 69%, and cash reserves have dropped by 66% to £90,000. Trade debtors have increased by 14%, suggesting a possible shift in payment terms. Despite meeting the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, the decrease in cash reserves and increase in trade debtors could indicate financial pressure. The company’s financial statements were audited by CLA Evelyn Partners (Ireland) Limited. The rise in the number of employees, from two to five, could be a sign of growth, but it also increases operational costs.

Registered in England/Wales under the registration number 10886886, with a registered address at EC2R 8DU, England, London, 11 Old Jewry.

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