Phillips Racing Limited in Newbury, RG14 1JL

Description

Data updated on: 01-11-2023

Phillips Racing Limited, a Private Limited Company, located in Elizabeth House, 13-19 London Road in Newbury. It's zip code RG14 1JL. The enterprise has been operating since 1992. Its Companies House Registration Number is 02764551. This firm's SIC code is 93191, that means Activities of racehorse owners. Its latest annual accounts describe the period up to April 30, 2022 and the latest confirmation statement was released on November 4, 2022.

As suggested by this specific enterprise's directors directory, for thirty two years there have been two directors: Michael P. and Richard P.. In order to provide support to the directors, this company has been using the skills of Michael P. as a secretary since November 1992.

Executives who control the firm include: Richard P. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Michael P. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-04-30	2012-04-30	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-45 146	-57 655	-66 113	-65 846	-49 333	-52 826

Balance Sheet
Cash Bank On Hand						47 767	40 359	15 090	24 896	104 919	185 974	104 671	86 962
Current Assets	166 157	133 369	130 039	103 243	99 176	121 834	108 175	97 466	82 183	285 813	271 281	170 955	197 205
Debtors	117 979	113 735	88 313	60 672	61 643	61 025	52 816	63 748	45 339	158 774	62 497	38 848	58 101
Net Assets Liabilities						-52 826	-78 068	-122 622		-128 520	-89 898	-113 634	-122 766
Other Debtors								1 324	2 315		16 417		9 619
Property Plant Equipment						21 844	19 193	16 390	14 845	12 806	11 151	10 740	10 557
Total Inventories						13 042	15 000	18 628	11 948	22 120	22 810	27 436	52 142
Cash Bank In Hand	190	2 817	5 400	15 141	15 429	47 767
Net Assets Liabilities Including Pension Asset Liability					-49 333	-52 826
Stocks Inventory	47 988	16 817	36 326	27 430	22 104	13 042
Tangible Fixed Assets	20 369	18 138	19 802	19 820	24 612	21 846

Capital & Reserves
Called Up Share Capital	2	2	2	2	2	2
Profit Loss Account Reserve	-45 148	-57 657	-66 115	-65 848	-49 335	-52 828
Shareholder Funds	-45 146	-57 655	-66 113	-65 846	-49 333	-52 826

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						85 026	88 527	91 330	93 025	95 064	96 719		96 087
Additions Other Than Through Business Combinations Property Plant Equipment													1 620
Amounts Owed To Directors						14 516	28 558	21 194		63 436	64 629
Average Number Employees During Period							8	8	8	8	8	-8	-9
Bank Borrowings Overdrafts							514	55	1 004	435	49 579	4 884	4 170
Creditors						194 745	204 180	236 478	267 707	427 139	49 579	250 072	288 848
Increase From Depreciation Charge For Year Property Plant Equipment							3 501	2 803	2 545	2 039	1 655		1 803
Net Current Assets Liabilities	-65 515	-75 793	-85 915	-85 666	-73 945	-72 911	-96 005	-139 012	-185 524	-141 326	-51 470	-79 117	-91 643
Nominal Value Allotted Share Capital										2	2
Number Shares Allotted		2	2	2	2	2				2	2
Other Creditors						110 349	102 745	103 339	67 856	98 801	79 824	156 812	171 020
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment									850
Other Disposals Property Plant Equipment									850
Other Taxation Social Security Payable						4 060	3 337	3 474	21 910	41 532	61 257
Property Plant Equipment Gross Cost						106 870	107 720	107 720	107 870	107 870			106 644
Taxation Social Security Payable												17 035	31 569
Total Additions Including From Business Combinations Property Plant Equipment							850		1 000
Total Assets Less Current Liabilities	-45 146	-57 655	-66 113	-65 846	-49 333	-51 067	-76 812	-122 622	-170 679	-128 520	-40 319
Trade Creditors Trade Payables						41 063	35 511	58 442	176 937	286 371	181 082	71 341	82 089
Trade Debtors Trade Receivables						57 098	46 097	62 424	43 024	158 774	46 080	38 848	48 482
Accrued Liabilities Deferred Income							14 099	28 615
Corporation Tax Payable						2 792
Corporation Tax Recoverable						3 927	6 719
Creditors Due Within One Year	231 672	209 162	215 954	188 909	173 121	194 747
Future Minimum Lease Payments Under Non-cancellable Operating Leases						32 000	32 000	32 000
Number Shares Issued Fully Paid							2	2
Par Value Share		1	1	1	1	1	1	1
Provisions For Liabilities Balance Sheet Subtotal						1 759	1 256
Provisions For Liabilities Charges						1 759
Share Capital Allotted Called Up Paid	2	2	2	2	2	2
Tangible Fixed Assets Additions			4 893	3 263	10 995	2 800
Tangible Fixed Assets Cost Or Valuation	105 404	105 404	107 297	97 645	105 840	106 870
Tangible Fixed Assets Depreciation	85 035	87 266	87 495	77 825	81 228	85 024
Tangible Fixed Assets Depreciation Charged In Period		2 231	3 004	3 162	4 961	4 239
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			2 775	8 751	1 558	443
Tangible Fixed Assets Depreciation Increase Decrease From Transfers Between Items				-4 081
Tangible Fixed Assets Disposals			3 000	9 000	2 800	1 770
Tangible Fixed Assets Increase Decrease From Transfers Between Items				-3 915
Value-added Tax Payable						18 100	18 292	21 359
Advances Credits Directors	11 644	17 807	20 692	10 779	3 883
Advances Credits Made In Period Directors	49 182	6 163	3 166	220	21 336
Advances Credits Repaid In Period Directors	26 191		281	10 133	25 366