Phoenix Pro Av Ltd

Phoenix Pro AV Ltd, based in Salisbury, UK, is a small, active company founded seven years ago in 2017. With four employees and £255,073 in assets, it operates from a virtual address shared by fourteen other companies—a bit unusual, really. The company has four directors and two owners, though the list of owners changed three years ago. It’s considered a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company's website, infophoenixproav.com, suggests a focus on audio-visual equipment hire and sales. It lists a physical address in Erith, London, and highlights services like equipment rental, list creation, and customer support. The site also mentions vacancies and a "New Customer" section, indicating a desire to grow its client base. It's a bit dated looking, though, and the contact number is prominently displayed.

Financially, Phoenix Pro AV Ltd shows some interesting trends. Current assets have increased by 13% to £260,000, while net assets have jumped a significant 53% to £310,000. Bank borrowings have decreased slightly, and cash reserves have fallen by 6.4% to £120,000. Trade debtors have increased substantially, by 48%, which could be a good sign of growing sales but also a potential risk if payments are delayed. Depreciation charges have remained constant, and the company’s property, plant, and equipment has increased by 42%. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Phoenix Pro AV Ltd seems to be in a reasonably healthy position, with growing assets and a positive trend in net assets. The increase in trade debtors should be monitored, though. It’s a small company navigating the audio-visual equipment market, and its virtual address and shared space raise a few questions, but the financial data suggests it’s holding its own.

Registered in England/Wales under the registration number 11081579, with a registered address at SP1 2DR, United Kingdom, Salisbury, Windover House, St. Ann Street.

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