Phoenix Security (essex) Limited

Phoenix Security Essex Ltd, based in Chelmsford, UK, is a small, active company established sixteen years ago. With twelve employees and £2,096,246 in assets, it operates from a virtual address, a detail flagged by the registration of forty-eight companies at the same location. The business is a family affair, managed by one director and two owners, and boasts a stellar 5.0 Google rating based on two reviews. It’s an irregular importer, primarily dealing in clothing and accessories, with just two months of import activity recorded as of June 2019.

The company’s website highlights its core business: providing security services for construction sites. Phoenix Security offers a complete solution, including manned guarding, access control, CCTV surveillance systems, and mobile patrols. They cater to major construction firms like Barratt Homes, Mace, and Balfour Beatty, and even extend services internationally, providing CCTV monitoring and remote control centre operation. The website also emphasizes their experience, with over thirty-five years in the security industry and a prestigious ACS Pacesetter mark as one of the top 15 SIA Approved Contractors in the UK.

Financially, Phoenix Security’s recent performance presents a mixed picture. Cash reserves have declined significantly, dropping 75% to £19,000, while creditors have increased, with current financial instruments rising by 3.2% to £1,600,000. However, net assets have also fallen by 1.1% to £500,000. Despite these challenges, the company’s net current assets have increased by 17% to £520,000, and trade debtors have remained stable. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity warrants attention. As a small company, it’s exempt from an audit, relying on unaudited statements.

It seems that Phoenix Security is navigating a period of change, balancing its established reputation with the pressures of a fluctuating market. The company’s focus on high-profile clients and comprehensive security solutions suggests a resilient business model, but the financial figures indicate a need for careful management and a close eye on cash flow.

Registered in England/Wales under the registration number 06769045, with a registered address at CM1 1GU, United Kingdom, Chelmsford, Essex, Swift House Ground Floor, 18 Hoffmanns Way.

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