PHOENIX PRECISION LIMITED Financials
- Company number
- SC098188CopyCopy
- Registered office
- Crompton Road, Southfield Industrial Estate, Glenrothes KY6 2SF
- Incorporated
- 03/04/1986
Company snapshot
- Status
- Active
- Employees
- 25 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
10.03%vs 20232023: £1.98M
Total Assets
-20.16%vs 20232023: £3.62M
Cash in Bank
23.88%vs 20232023: £1.17M
Total Liabilities
8.88%vs 20232023: £655.52K
Employees
-5vs 20232023: 30
In 2024, PHOENIX PRECISION LIMITED reported net assets of £2.18M. The same filing shows total assets of £2.89M, cash in bank of £1.45M and total liabilities of £713.70K. Reported headcount was 25 in 2024. Total Assets fell from £3.62M in 2023 to £2.89M in 2024 (-20.16%). 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
10.03%from £1.98M 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 PRECISION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+25.4%vs 2022+12% a year compound (CAGR)
Cash in Bank
+27.3%vs 2022+12.8% a year compound (CAGR)
Total Assets
-21.2%vs 2022-11.2% a year compound (CAGR)
Total Liabilities
-29.6%vs 2022-16.1% a year compound (CAGR)
Employees
-7.4%vs 2022-2Biggest increase
Cash in Bank+27.3%
£1.14M in 2022 to £1.45M in 2024
Biggest decrease
Total Liabilities-29.6%
£1.01M in 2022 to £713.70K in 2024
PHOENIX PRECISION LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 PHOENIX PRECISION 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
- 75.33%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
- 24.67%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
- 203.34%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
- 50.16%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 PRECISION 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£ | 1.51M | 1.74M | 1.98M | 2.18M |
| Total Assets£ | 3.04M | 3.67M | 3.62M | 2.89M |
| Cash in Bank£ | 1.23M | 1.14M | 1.17M | 1.45M |
| Total Liabilities£ | 973.48K | 1.01M | 655.52K | 713.70K |
| Employees | 30 | 27 | 30 | 25 |
PHOENIX PRECISION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PHOENIX PRECISION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PHOENIX PRECISION LIMITED reported net assets of £2.18M for 2024. That compares with £1.98M in 2023, a change of 10.03%.
PHOENIX PRECISION LIMITED reported total assets of £2.89M for 2024. That compares with £3.62M in 2023, a change of -20.16%.
PHOENIX PRECISION LIMITED reported cash in bank of £1.45M for 2024. That compares with £1.17M in 2023, a change of 23.88%.
PHOENIX PRECISION LIMITED reported 25 employees in 2024, compared with 30 in 2023.
Between 2022 and 2024, PHOENIX PRECISION LIMITED's net assets rose by 25.4%, cash in bank rose by 27.3%, total assets fell by 21.2% and total liabilities fell by 29.6%. Net assets compounded at 12% a year across the two years to 2024, from £1.74M to £2.18M. Reported headcount went from 27 in 2022 to 25 in 2024 (-2).
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.