PHIL HUGHES FINANCIAL SERVICES LTD Financials
- Company number
- 06975061CopyCopy
- Registered office
- 40 Union Street, Ryde, Isle Of Wight PO33 2LF
- Incorporated
- 28/07/2009
Company snapshot
- Status
- Active
- Employees
- 5 (2026)
- Latest financial data
- 2026
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
-17.14%vs 20252025: £44.68K
Total Assets
-9.51%vs 20252025: £73.78K
Total Liabilities
2.19%vs 20252025: £29.11K
Employees
0vs 20252025: 5
In 2026, PHIL HUGHES FINANCIAL SERVICES LTD reported net assets of £37.02K. The same filing shows total assets of £66.76K and total liabilities of £29.74K. Reported headcount was 5 in 2026. Net Assets fell from £44.68K in 2025 to £37.02K in 2026 (-17.14%). Okredo holds filed figures for 2022–2026; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-17.14%from £44.68K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures PHIL HUGHES FINANCIAL SERVICES LTD filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
-36.8%vs 2024-20.5% a year compound (CAGR)
Total Assets
-14%vs 2024-7.3% a year compound (CAGR)
Total Liabilities
+56.4%vs 2024+25.1% a year compound (CAGR)
Employees
0%vs 2024Biggest increase
Total Liabilities+56.4%
£19.02K in 2024 to £29.74K in 2026
Biggest decrease
Net Assets-36.8%
£58.60K in 2024 to £37.02K in 2026
PHIL HUGHES FINANCIAL SERVICES LTD's filings pull in both directions between 2024 and 2026. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PHIL HUGHES FINANCIAL SERVICES LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 55.45%2026
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 44.55%2026
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PHIL HUGHES FINANCIAL SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 115.25K | 88.19K | 58.60K | 44.68K | 37.02K |
| Total Assets£ | 148.09K | 110.30K | 77.62K | 73.78K | 66.76K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 32.84K | 22.11K | 19.02K | 29.11K | 29.74K |
| Employees | 6 | 5 | 5 | 5 | 5 |
PHIL HUGHES FINANCIAL SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PHIL HUGHES FINANCIAL SERVICES LTD covering 2022–2026, across 4 reported indicators. The most recent reported year is 2026.
PHIL HUGHES FINANCIAL SERVICES LTD reported net assets of £37.02K for 2026. That compares with £44.68K in 2025, a change of -17.14%.
PHIL HUGHES FINANCIAL SERVICES LTD reported total assets of £66.76K for 2026. That compares with £73.78K in 2025, a change of -9.51%.
PHIL HUGHES FINANCIAL SERVICES LTD reported total liabilities of £29.74K for 2026. That compares with £29.11K in 2025, a change of 2.19%.
PHIL HUGHES FINANCIAL SERVICES LTD reported 5 employees in 2026, compared with 5 in 2025.
Between 2024 and 2026, PHIL HUGHES FINANCIAL SERVICES LTD's net assets fell by 36.8%, total assets fell by 14%, total liabilities rose by 56.4% and employee numbers was unchanged. Net assets contracted at 20.5% a year across the two years to 2026, from £58.60K to £37.02K. Reported headcount went from 5 in 2024 to 5 in 2026.
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.