Phoenix Advance Limited in Bourne, PE10 9JZ

Description

Data updated on: 01-11-2023

Phoenix Advance Limited with Companies House Reg No. 09073239 has been on the market for ten years. This Private Limited Company is officially located at 1 Victoria Stables, Essex Way, Bourne and its postal code is PE10 9JZ. The firm started under the name Ingleby (1957), however for the last ten years has operated under the name Phoenix Advance Limited. The enterprise's declared SIC number is 64209 meaning Activities of other holding companies n.e.c.. Phoenix Advance Ltd released its latest accounts for the period that ended on December 31, 2022. The firm's latest annual confirmation statement was released on June 5, 2023.

In order to be able to match the demands of their clientele, this business is continually led by a team of three directors who are Simon M., Raymond B. and Paul K.. Their constant collaboration has been of great importance to this specific business since 2024/01/01.

Executives who have control over the firm are as follows: Paul K. has substantial control or influence over the company. Arjen D. has substantial control or influence over the company.

Previous company's names
Phoenix Advance Limited 2014-06-27
Ingleby (1957) Limited 2014-06-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Current Assets	6 111	9 955	9 090	1 979
Debtors	6 111	3 978	1 195	1 979	-27 540
Net Assets Liabilities	-1 470	3 968	3 896	4 094	1 400
Total Inventories			446	760	760

Other Financial Data
Accrued Liabilities Deferred Income		24	2 944	7 172	4 538
Accumulated Amortisation Impairment Intangible Assets			14 350	16 558	18 766
Accumulated Depreciation Impairment Property Plant Equipment			29 739	35 214	40 363
Additions Other Than Through Business Combinations Property Plant Equipment				845	996
Administrative Expenses			7 379	9 599
Amortisation Expense Intangible Assets			2 208	2 208	2 208
Amounts Owed To Group Undertakings			344	796	284
Average Number Employees During Period	3
Bank Borrowings	36 512	34 903	34 122
Bank Borrowings Overdrafts	34 295	34 122	4 322
Cash Cash Equivalents			6 841	11 950	13 944
Corporation Tax Payable			916	1 621	1 736
Cost Sales			37 982	47 753	49 638
Creditors	34 295	34 122	30 120	26 825	27 256
Current Tax For Period			1 573	3 363	3 317
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				12	-15
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-315	-25	-51
Depreciation Expense Property Plant Equipment			5 810	5 477	5 149
Dividends Paid Classified As Financing Activities		-6 250	-7 000	-7 800	-7 000
Finance Lease Liabilities Present Value Total			7 285	2 162	1 286
Finance Lease Payments Owing Minimum Gross			2 413	1 054	896
Further Item Deferred Expense Credit Component Total Deferred Tax Expense				629
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss					-6 138
Further Item Tax Increase Decrease Component Adjusting Items			4	629	-15
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss				-765	1 329
Increase Decrease From Foreign Exchange Differences Property Plant Equipment				-297
Increase From Amortisation Charge For Year Intangible Assets				2 208	2 208
Increase From Depreciation Charge For Year Property Plant Equipment				5 475	5 149
Intangible Assets			7 726	5 518	3 310
Intangible Assets Gross Cost			22 076	22 076
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			404	443	110
Interest Income From Group Undertakings Participating Interests			297	147
Interest Income On Bank Deposits			7
Interest Paid To Group Undertakings				481	1 037
Interest Payable Similar Charges Finance Costs			2 292	2 450	1 349
Interest Received Classified As Investing Activities			-304	-147
Investments Fixed Assets	28 940	28 940	28 940	28 940	28 940
Investments In Subsidiaries	28 940	28 940	28 940	28 940	28 940
Loans From Group Undertakings Participating Interests				26 825	27 256
Net Current Assets Liabilities	3 885	9 150	5 076	1 979	-284
Net Finance Income Costs			304	147
Net Interest Paid Received Classified As Operating Activities			-2 292		-1 349
Other Creditors				765
Other Interest Receivable Similar Income Finance Income			304	147
Other Remaining Borrowings				26 825	27 256
Pension Other Post-employment Benefit Costs Other Pension Costs	31		484	508	555
Percentage Class Share Held In Subsidiary		100	100	100	100
Prepayments Accrued Income			854	618	320
Profit Loss	-1 655	11 688	6 928	7 998	4 306
Property Plant Equipment Gross Cost			53 792	54 916	56 631
Raw Materials Consumables			446	760	760
Research Development Expense Recognised In Profit Or Loss			1	179	209
Social Security Costs			821	874
Staff Costs Employee Benefits Expense	582		9 922	9 785
Taxation Including Deferred Taxation Balance Sheet Subtotal				653	587
Tax Increase Decrease From Effect Capital Allowances Depreciation				334	101
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			421	480	419
Tax Tax Credit On Profit Or Loss On Ordinary Activities			1 258	3 979	3 251
Total Assets Less Current Liabilities	32 825	38 090	34 016	30 919	28 656
Total Borrowings			4 322	26 825	27 256
Total Deferred Tax Expense Credit			-315	616	-66
Trade Creditors Trade Payables			6 987	5 346	5 355
Trade Debtors Trade Receivables			5 685	5 805	5 764
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment				-279	-719
Turnover Revenue			51 532	73 703	80 869
Wages Salaries	551		8 617	8 403

Notified on 1 January 2021

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	19 June 2024
Confirmation statement last made up date	05 June 2023

Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Phoenix Advance Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Simon M.

Raymond B.

Paul K.

Matthew T.

Adrianus V.

David Y.

Tracy P.

Patrick K.

People with significant control

Paul K.

Arjen D.

Accounts Documents

Company filings

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