Phoenix N270581 Ltd
- Small
- Holding
- Active
- 2 years
- 2 employees
- £100 (assets)
- Virtual address
- 2 directors
- 1 owner
- Rating 3.0 (5)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Phoenix N270581 Ltd from London UK: small company, holding company, active status, founded 2 years ago, 2 employees, £100 assets, virtual address, 2 directors, 1 owner, google rating 3.0 based on 5 reviews. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £100. The company operates in the retail sale via mail order houses or via internet industries.
The company’s website, sicstrading.com, focuses on streamlining stock solutions, particularly for surplus, excess, and end-of-life (EOL) inventory. It describes its services as including "discretionary elements" which prevent detailed explanations, but offers contact information via email and phone. The site is owned and managed by Phoenix Distribution Services UK Ltd, a separate entity, and prominently displays copyright information. The site gives the impression of a business-to-business operation, facilitating the movement of inventory rather than directly selling to consumers. It’s clear that Phoenix N270581 Ltd is acting as a holding company for this distribution business.
Financially, Phoenix N270581 Ltd paints a concerning picture. The company’s equity is deeply in the negative, sitting at -£2,800, and net assets are also negative, at -£2,700. Cash reserves are a meager £100, and creditors are at £2,800. While creditors have remained constant, the negative equity and low cash reserves suggest the company is struggling to generate profit and may be relying on credit to stay afloat. The lack of employees, combined with the small asset base, indicates a very lean operation, but the negative equity is a serious red flag. The company is likely burning through money faster than it’s bringing it in. There’s no auditor mentioned, which is typical for a small, exempt company, but it means the figures are unaudited and rely on director-reported data. The company's status is active, but its financial health is precarious.
Registered in England/Wales under the registration number 14701510, with a registered address at W1G 7AJ, United Kingdom, London, 41 Devonshire Street, Ground Floor.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- S Euroart Holding Ltd
- 2 years
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- Pasetto Marco
- 2 years
- 86
- 🇬🇧
Resident of United Kingdom
-
Individual
- Sorrentino Emanuele
- 2 years
- 6
- 🇲🇹
Resident of Malta
Last reports
The latest confirmation statement submitted one month ago.
Last news
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Total exemption full accounts made up to 2025-03-31Download 5 pages pdf report
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Confirmation statement made on 2025-03-01 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 5 pages pdf report
FAQ about Phoenix N270581 Ltd
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