PHOELEX LTD - Profile & Financials

Accounts Submitted 3 Apr 2024

Confirmation Statement Submitted

Net assets £-122.22K £2.19M 2023 year on year

Total assets £1.10M £1.44M 2023 year on year

Total Liabilities £1.22M £754.81K 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

1st Floor 34 Falcon Court Preston Farm Business Park Stockton-On-Tees TS18 3TX

Office ()

Cambridge, Cambridgeshire, United Kingdom, Europe

Website

phoelex.com

Credit Report

Discover PHOELEX LTD's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2021–2023)

Cash in Bank

£135.02k

Decreased by £583.62k (-81%)

Net Assets

-£122.22k

Decreased by £2.19M (-106%)

Total Liabilities

£1.22M

Increased by £754.81k (+161%)

Turnover

N/A

Employees

Increased by 4 (+12%)

Debt Ratio

111%

Increased by 93 (+517%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share allotments and capital structure

2 Allotments 117,865 Shares £1.50m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
20 Jun 2023	ORDINARY	22,688	£2.269	£0
20 Oct 2020	A PREFERRED	95,177	£1.50m	£15.76

Officers

3 active 1 resigned

Show resigned officers

						Status
Alvise Bonivento	Director	Italian	Italy	48	31 Mar 2020	Active
Christopher John Mairs	Director	British	England	69	18 Mar 2020	Active
Simon Paul King	Director	British	England	41	8 Nov 2017	Active

Shareholders

Shareholders (17)


Octopus Titan Vct Plc	15.5%	285,532	Ordinary	25 Oct 2023
Techgate Srl	1.0%	19,035	Ordinary	25 Oct 2023
V1 Capital Limited	0.6%	10,606	Ordinary	25 Oct 2023

Persons with Significant Control

Persons with Significant Control (2)

2 Active 2 Ceased

Amir Hossein Nejadmalayeri

Canadian

Active

Notified 6 Apr 2016

Residence United Kingdom

DOB September 1974

Nature of Control

Ownership Of Shares 25 To 50 Percent
Voting Rights 25 To 50 Percent

Octopus Titan Vct Plc

United Kingdom

Active

Notified 8 Nov 2017

Nature of Control

Ownership Of Shares 25 To 50 Percent
Voting Rights 25 To 50 Percent

Simon Paul King

Ceased 8 Nov 2017

Ceased

Alvise Bonivento

Ceased 31 Mar 2020

Ceased

See All Controllers

Group Structure

OCTOPUS TITAN VCT PLC united kingdom

PHOELEX LTD Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
13 May 2025	Insolvency	Liquidation Voluntary Appointment Of Liquidator	View(3 pages)
23 Apr 2025	Insolvency	Liquidation In Administration Move To Creditors Voluntary Liquidation	View(40 pages)
29 Nov 2024	Insolvency	Liquidation In Administration Progress Report	View(33 pages)
12 Jul 2024	Insolvency	Liquidation In Administration Result Creditors Meeting	View(5 pages)
24 Jun 2024	Insolvency	Liquidation In Administration Proposals	View(42 pages)