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PHOENIX WEIGHING SERVICES LIMITED Financials

Company number
05307592Copy
Copy
Registered office
Unit 5 Measham Lodge Bus Park, Gallows Lane, Measham DE12 7HA
Incorporated
08/12/2004

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£842.30K2024
28.31%vs 2023

2023: £656.48K

Total Assets

£1.11M2024
21.85%vs 2023

2023: £907.28K

Cash in Bank

£654.64K2024
23.45%vs 2023

2023: £530.27K

Total Liabilities

£263.24K2024
4.96%vs 2023

2023: £250.80K

Employees

72024
0vs 2023

2023: 7

In 2024, PHOENIX WEIGHING SERVICES LIMITED reported net assets of £842.30K. The same filing shows total assets of £1.11M, cash in bank of £654.64K and total liabilities of £263.24K. Reported headcount was 7 in 2024. Total Assets rose from £907.28K in 2023 to £1.11M in 2024 (21.85%). 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

£842.30K2024
28.31%from £656.48K in 2023

Year-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 WEIGHING SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£468.31K2022£842.30K2024
+79.9%vs 2022

+34.1% a year compound (CAGR)

Cash in Bank

£430.52K2022£654.64K2024
+52.1%vs 2022

+23.3% a year compound (CAGR)

Total Assets

£715.91K2022£1.11M2024
+54.4%vs 2022

+24.3% a year compound (CAGR)

Total Liabilities

£247.61K2022£263.24K2024
+6.3%vs 2022

+3.1% a year compound (CAGR)

Employees

6202272024
+16.7%vs 2022+1

Biggest increase

Net Assets+79.9%

£468.31K in 2022 to £842.30K in 2024

Every indicator Okredo holds for PHOENIX WEIGHING SERVICES LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, 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 WEIGHING SERVICES 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
76.19%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
23.81%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
248.69%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
59.21%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 WEIGHING SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£291.87K468.31K656.48K842.30K
Total Assets£457.78K715.91K907.28K1.11M
Cash in Bank£227.49K430.52K530.27K654.64K
Total Liabilities£165.90K247.61K250.80K263.24K
Employees7677

PHOENIX WEIGHING SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PHOENIX WEIGHING SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

PHOENIX WEIGHING SERVICES LIMITED reported net assets of £842.30K for 2024. That compares with £656.48K in 2023, a change of 28.31%.

PHOENIX WEIGHING SERVICES LIMITED reported total assets of £1.11M for 2024. That compares with £907.28K in 2023, a change of 21.85%.

PHOENIX WEIGHING SERVICES LIMITED reported cash in bank of £654.64K for 2024. That compares with £530.27K in 2023, a change of 23.45%.

PHOENIX WEIGHING SERVICES LIMITED reported 7 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, PHOENIX WEIGHING SERVICES LIMITED's net assets rose by 79.9%, cash in bank rose by 52.1%, total assets rose by 54.4% and total liabilities rose by 6.3%. Net assets compounded at 34.1% a year across the two years to 2024, from £468.31K to £842.30K. Reported headcount went from 6 in 2022 to 7 in 2024 (+1).

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.