Phoenix Optical Technologies Limited
- Small
- Holding
- Active
- 20 years
- 49 employees
- £4,604,806 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
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
Summary
Phoenix Optical Technologies Ltd, based in Somerset, UK, is a small holding company with an active status, having been founded 20 years ago. The company employs 49 people and holds assets valued at £4,604,806. It has a real address, is managed by three directors, and has one owner. The company regularly imports glass and glassware (115 months) and exports optical and medical tools and devices (130 months).
The company operates as an independent optical glass moulding facility, boasting the largest diamond turning facilities in Europe and a significant glass stock. Founded in 1991, Phoenix Optical Technologies Ltd supplies precision optics to customers around the world, offering a wide range of polished, coated, and assembled optics. They have two sites in North Wales, and a newly upgraded thin film coating facility. The company's website highlights its capabilities in glass moulding, annealing, grinding, and coating, and even offers a live stock database for customers.
Financially, Phoenix Optical Technologies Ltd shows some interesting trends. Current assets decreased by 5.8% to £4,600,000, while net assets increased by 11% to £3,900,000. Bank borrowings decreased by 7.2% to £360,000, and cash reserves decreased by 21% to £200,000. Creditors decreased by 27% to £1,700,000, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The company’s accounts are unaudited, and there is no auditor mentioned.
The company’s financial performance suggests a steady, albeit not spectacular, trajectory. While asset values have decreased, the increase in net assets and decrease in creditors indicate a positive trend. The lack of auditor information is not unusual for a small company.
Registered in England/Wales under the registration number 05180538, with a registered address at TA19 0PF, United Kingdom, Somerset, Dowlish Ford, Ilminster.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 7 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 months
- 17
-
Resident of United Kingdom
-
Individual
- 8 months
- 16
-
Resident of United Kingdom
-
Individual
- 8 months
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 13 pages pdf report
-
Appointment of Gareth Crowe as a secretary on 2024-10-30Download 2 pages pdf report
-
Registered office address changed from Lakeside House St. Asaph Business Park Glascoed Road St. Asaph LL17 0LJ to Dowlish Ford Ilminster Somerset TA19 0PF on 2024-11-05Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Phoenix Optical Technologies Limited
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