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PHILLIPS1924 HOMECARE SERVICES LTD Financials

Company number
12503861Copy
Copy
Registered office
9-11 Gunnery Terrace, Cornwallis Road, London SE18 6SW
Incorporated
09/03/2020

Company snapshot

Status
Active
Employees
26 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£79.16K2025
895.41%vs 2024

2024: £-9.95K

Total Assets

£109.78K2025
218.89%vs 2024

2024: £34.43K

Cash in Bank

£5.03K2025
First reported year

Total Liabilities

£22.85K2025
-48.50%vs 2024

2024: £44.38K

Employees

262025
+1vs 2024

2024: 25

In 2025, PHILLIPS1924 HOMECARE SERVICES LTD reported net assets of £79.16K. The same filing shows total assets of £109.78K, cash in bank of £5.03K and total liabilities of £22.85K. Reported headcount was 26 in 2025. Net Assets rose from £-9.95K in 2024 to £79.16K in 2025 (895.41%). Okredo holds filed figures for 2021–2025; 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

£79.16K2025
895.41%from £-9.95K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures PHILLIPS1924 HOMECARE SERVICES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£-25.52K2023£79.16K2025
Increasedvs 2023

Total Assets

£10.92K2023£109.78K2025
+906%vs 2023

+217% a year compound (CAGR)

Total Liabilities

£36.43K2023£22.85K2025
-37.3%vs 2023

-20.8% a year compound (CAGR)

Employees

52023262025
+420%vs 2023+21

Biggest increase

Total Assets+906%

£10.92K in 2023 to £109.78K in 2025

Biggest decrease

Total Liabilities-37.3%

£36.43K in 2023 to £22.85K in 2025

PHILLIPS1924 HOMECARE SERVICES LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PHILLIPS1924 HOMECARE 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
72.10%2025
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
20.82%2025
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.
Cash to liabilities
22.01%2025
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
4.58%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PHILLIPS1924 HOMECARE SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£-20.06K-33.81K-25.52K-9.95K79.16K
Total Assets£3.05K752.0010.92K34.43K109.78K
Cash in Bank£––––5.03K
Total Liabilities£23.11K34.56K36.43K44.38K22.85K
Employees1152526

PHILLIPS1924 HOMECARE SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PHILLIPS1924 HOMECARE SERVICES LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

PHILLIPS1924 HOMECARE SERVICES LTD reported net assets of £79.16K for 2025. That compares with £-9.95K in 2024, a change of 895.41%.

PHILLIPS1924 HOMECARE SERVICES LTD reported total assets of £109.78K for 2025. That compares with £34.43K in 2024, a change of 218.89%.

PHILLIPS1924 HOMECARE SERVICES LTD reported cash in bank of £5.03K for 2025. There is no earlier filing to compare it against.

PHILLIPS1924 HOMECARE SERVICES LTD reported 26 employees in 2025, compared with 25 in 2024.

Between 2023 and 2025, PHILLIPS1924 HOMECARE SERVICES LTD's total assets rose by 906%, total liabilities fell by 37.3% and employee numbers rose by 420%. Total assets compounded at 217% a year across the two years to 2025, from £10.92K to £109.78K. Reported headcount went from 5 in 2023 to 26 in 2025 (+21).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.