Phoenix Surfacing Limited

Phoenix Surfacing Ltd, based in Derby, UK, is a large company with a holding structure, actively operating since 1991. Employing 56 people, it holds assets worth £6.2 million and generates an impressive £23.2 million in revenue annually. With eight directors and one owner, the company maintains a perfect 5.0-star Google rating from 22 reviews, demonstrating a strong customer reputation. They regularly import plastics and plastic products, with 31 months of import activity recorded, the last in August 2024.

The company positions itself as a leading surfacing expert, providing road surfacing and highway contractor services in Kettering. Their website highlights expertise in surfacing, highway maintenance, civil engineering, and resin systems, catering to both public and private sector clients. They offer a wide range of services, from rapid pothole repair to complete road resurfacing and civil construction projects.

Financially, Phoenix Surfacing Ltd shows a mixed picture. While turnover remained steady at £23.2 million, current assets decreased by 6.7% to £6.2 million. Bank borrowings increased by 100%, reaching £1.1 million, and cash reserves fell by 41% to £1.8 million. However, creditors decreased by 30%, suggesting improved debt management. The company’s size—meeting two of three criteria for a large company—allows for flexibility, but the decrease in cash raises questions. The company’s auditor is Shaw Gibbs (Audit) Limited, and the financial statements are audited.

The surge in administrative expenses by 34% could be attributed to increased operational costs or strategic investments. The company’s continued import activity, particularly in plastics, suggests a reliance on external suppliers. Overall, Phoenix Surfacing Ltd appears to be a well-established player in its field, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 02577303, with a registered address at DE73 8AP, England, Derby, Leicestershire, Pinnacle House Breedon Quarry, Breedon On Thehill.

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