Phoenix Hydraulic Systems Ltd

Phoenix Hydraulic Systems Ltd, based in Gloucester, UK, is a small, active company established 32 years ago. With £6,913 in assets and a real address, it’s a family-run operation with two directors and a solo founder, Carroll John Michael. The company’s status is active, and it operates in the manufacture of other general-purpose machinery n.e.c. industries. It’s a irregular importer and exporter of machinery, boilers, and mechanical appliances; parts, with import activity spanning one month and export activity spanning two months.

The company’s website is non-existent, so it’s difficult to determine if they operate an e-commerce site or focus solely on business-to-business sales. Without a website, it’s hard to gauge their online presence or marketing efforts.

Financially, Phoenix Hydraulic Systems Ltd’s numbers show a bit of a mixed bag. Current assets decreased by 3.4% to £6,900, while net assets fell 4.8% to £4,900. Cash reserves declined 55% to a mere £38, and bank borrowings remain at £84. Creditors have remained stable at £1,000. The company meets two of three criteria to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and employees less than 50. The accounts are unaudited, and the company is exempt from an audit.

The company’s financial situation suggests it’s not burning through money at a startup pace, but it’s also not experiencing significant growth. The decrease in cash reserves and net assets could indicate tighter margins or increased expenses. The stable level of creditors suggests they’re managing their debts reasonably well. It’s a small company, and its irregular import and export activity indicates a niche market or project-based operations.

Registered in England/Wales under the registration number 02763629, with a registered address at GL1 4JE, Gloucester, Gloucestershire, Unit 1 Francis Woodcock Trading Estate, 277 Barton Street.

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