Ag Phoenix Ltd

Phoenix Ag Ltd, based in Coventry, UK, is a small, active company founded five years ago. It’s a solo venture with a virtual address, one director, and two employees. The company operates in a diverse range of industries, including agents involved in the sale of a variety of goods, retail via mail order, and even general medical practice activities.

The company's website, salesphoenixagricultural.com, focuses on supplying wearing parts and machinery for agricultural equipment. They position themselves as specialists, offering quality replacement parts at competitive prices to distributors and dealers. The site highlights a full programme of machinery replacement wear parts for farmers growing cereals and vegetables, with a focus on wholesale volumes and fast dispatch. They even offer bespoke fabrication services.

Financially, Phoenix Ag Ltd shows a mixed bag. Cash reserves have exploded, increasing by a whopping 410% to £20,000—a very positive sign. However, net assets have also seen a significant jump, rising by 2000% to £13,000. Creditors have doubled to £9,200, and other taxation social security payable has also increased by 150% to £8,600. The number of employees has decreased by 50% to just one. While the company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees, the substantial increase in equity suggests a period of investment or successful business development. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The increase in cash is a good sign, but the rise in creditors and social security payable should be monitored closely.

Registered in England/Wales under the registration number 12070608, with a registered address at CV6 4AD, Coventry, West Midlands, Bridge House, 9-13 Holbrook Lane.

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