Phoenix Distribution Services (uk) Limited

Phoenix Distribution Services (uk) Limited, based in Coventry, UK, is a small, holding company with an active status. Founded eleven years ago in March 2014, it employs twelve people and holds £757,103 in assets. The company, with a real registered address and managed by one director and owner, has a Google rating of 3.0 based on five reviews. It’s an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances—parts, with the last import operation occurring in April 2024.

The company's website, sicstrading.com, operates under the banner of SICS Trading, streamlining stock solutions. The site focuses on surplus and end-of-life inventory, but details are scarce, stating discretion is needed. Contact is made via email or phone, and the site clearly states ownership by Phoenix Distribution Services (uk) Limited, registration number 08946353. The site's content suggests a B2B operation, facilitating the disposal of excess stock for other businesses.

Financially, Phoenix Distribution Services (uk) Limited presents a mixed picture. While current assets increased by 19% to £760,000, net assets only grew by 7.3% to £230,000. Cash bank on hand decreased by 19% to £48,000, and trade creditors increased significantly by 51% to £160,000. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the rise in creditors and the drop in cash reserves could indicate tighter cash flow management. It’s worth noting that the company’s average number of employees increased by 8.3% to thirteen. As a small company, it’s exempt from an audit, so the financial data is unaudited. The company’s turnover is likely below £10.2 million, and its balance sheet total is under £5.1 million.

Registered in England/Wales under the registration number 08946353, with a registered address at CV6 5SF, England, Coventry, West Midlands, Unit 44a Rear Of 101 Lockhurst Lane.

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