PHOENIX OPTICAL TECHNOLOGIES LIMITED Financials
- Company number
- 05180538CopyCopy
- Registered office
- Dowlish Ford, Ilminster, Somerset TA19 0PF
- Incorporated
- 15/07/2004
Company snapshot
- Status
- Active
- Employees
- 49 (2024)
- Latest financial data
- 2024
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
11.36%vs 20232023: £3.53M
Total Assets
1.91%vs 20232023: £7.80M
Cash in Bank
-21.01%vs 20232023: £253.22K
Total Liabilities
-15.08%vs 20232023: £3.11M
Employees
0vs 20232023: 49
In 2024, PHOENIX OPTICAL TECHNOLOGIES LIMITED reported net assets of £3.93M. The same filing shows total assets of £7.95M, cash in bank of £200.01K and total liabilities of £2.64M. Reported headcount was 49 in 2024. Total Liabilities fell from £3.11M in 2023 to £2.64M in 2024 (-15.08%). Okredo holds filed figures for 2021–2024; 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
11.36%from £3.53M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PHOENIX OPTICAL TECHNOLOGIES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+67.2%vs 2022+29.3% a year compound (CAGR)
Cash in Bank
+145%vs 2022+56.5% a year compound (CAGR)
Total Assets
+49.3%vs 2022+22.2% a year compound (CAGR)
Total Liabilities
+27.5%vs 2022+12.9% a year compound (CAGR)
Employees
+16.7%vs 2022+7Biggest increase
Cash in Bank+145%
£81.62K in 2022 to £200.01K in 2024
Every indicator Okredo holds for PHOENIX OPTICAL TECHNOLOGIES LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PHOENIX OPTICAL TECHNOLOGIES LIMITED'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
- 49.46%2024
- 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
- 33.16%2024
- 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
- 7.58%2024
- 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
- 2.51%2024
- 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 PHOENIX OPTICAL TECHNOLOGIES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.95M | 2.35M | 3.53M | 3.93M |
| Total Assets£ | 4.51M | 5.33M | 7.80M | 7.95M |
| Cash in Bank£ | 31.64K | 81.62K | 253.22K | 200.01K |
| Total Liabilities£ | 1.90M | 2.07M | 3.11M | 2.64M |
| Employees | 38 | 42 | 49 | 49 |
PHOENIX OPTICAL TECHNOLOGIES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PHOENIX OPTICAL TECHNOLOGIES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PHOENIX OPTICAL TECHNOLOGIES LIMITED reported net assets of £3.93M for 2024. That compares with £3.53M in 2023, a change of 11.36%.
PHOENIX OPTICAL TECHNOLOGIES LIMITED reported total assets of £7.95M for 2024. That compares with £7.80M in 2023, a change of 1.91%.
PHOENIX OPTICAL TECHNOLOGIES LIMITED reported cash in bank of £200.01K for 2024. That compares with £253.22K in 2023, a change of -21.01%.
PHOENIX OPTICAL TECHNOLOGIES LIMITED reported 49 employees in 2024, compared with 49 in 2023.
Between 2022 and 2024, PHOENIX OPTICAL TECHNOLOGIES LIMITED's net assets rose by 67.2%, cash in bank rose by 145%, total assets rose by 49.3% and total liabilities rose by 27.5%. Net assets compounded at 29.3% a year across the two years to 2024, from £2.35M to £3.93M. Reported headcount went from 42 in 2022 to 49 in 2024 (+7).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.