Phoenixtrescray Ltd

Phoenixtrescray Ltd, a small holding company based in London, UK, has been active for 49 years. Established in 1976, it employs 17 people and holds assets worth £1,772,802. The company, with four directors and one owner, regularly imports electrical machinery and equipment—eight months of import activity were recorded, with the latest operation occurring in November 2023. It operates in the telecommunications activities industries.

The company's website is non-existent, making it difficult to gauge its online presence or e-commerce activities.

A review of Phoenixtrescray Ltd’s financial data reveals a mixed picture. While net assets increased by a significant 130%, reaching £410,000, current assets experienced a 36% drop to £1,800,000. Cash reserves also decreased by 66%, falling to £280,000. Bank borrowings surged by 2,400%, reaching £29,000, and creditors decreased by 48% to £1,300,000. Trade debtors increased by 44% to £580,000, suggesting a potential improvement in customer payments. The company’s small size—meeting two of three conditions for a small company—helps it stay nimble, but the drop in cash reserves and increase in bank borrowings could signal financial pressure. The financial statements are unaudited, and HJS Accountants Limited is the auditor.

The company’s reliance on Phoenix Me Ltd for financial support, as noted in the financial report, suggests a potential vulnerability. It’s clear that the company is facing some challenges, but its long history and established import operations indicate a degree of resilience.

Registered in England/Wales under the registration number 01249777, with a registered address at E1 8DZ, England, London, 25 Camperdown Street.

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