phoenix life assurance limited
phoenix life assurance limited Company Information
Company Number
00001419
Next Accounts
Sep 2025
Shareholders
pearl group holdings (no.2) ltd
Group Structure
View All
Industry
Life insurance
Registered Address
1 wythall green way, wythall, birmingham, B47 6WG
Website
http://phoenixlife.co.ukphoenix life assurance limited Estimated Valuation
Pomanda estimates the enterprise value of PHOENIX LIFE ASSURANCE LIMITED at £126m based on a Turnover of £101m and 1.25x industry multiple (adjusted for size and gross margin).
phoenix life assurance limited Estimated Valuation
Pomanda estimates the enterprise value of PHOENIX LIFE ASSURANCE LIMITED at £74.2m based on an EBITDA of £5.6m and a 13.17x industry multiple (adjusted for size and gross margin).
phoenix life assurance limited Estimated Valuation
Pomanda estimates the enterprise value of PHOENIX LIFE ASSURANCE LIMITED at £6.6m based on Net Assets of £4m and 1.65x industry multiple (adjusted for liquidity).
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Phoenix Life Assurance Limited Overview
Phoenix Life Assurance Limited is a live company located in birmingham, B47 6WG with a Companies House number of 00001419. It operates in the life insurance sector, SIC Code 65110. Founded in July 1864, it's largest shareholder is pearl group holdings (no.2) ltd with a 100% stake. Phoenix Life Assurance Limited is a mature, mega sized company, Pomanda has estimated its turnover at £101m with declining growth in recent years.
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Phoenix Life Assurance Limited Health Check
Pomanda's financial health check has awarded Phoenix Life Assurance Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
2 Weak
Size
annual sales of £101m, make it larger than the average company (£1.2m)
£101m - Phoenix Life Assurance Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (8.5%)
-57% - Phoenix Life Assurance Limited
8.5% - Industry AVG
Production
with a gross margin of 99.7%, this company has a comparable cost of product (99.7%)
99.7% - Phoenix Life Assurance Limited
99.7% - Industry AVG
Profitability
an operating margin of 5.6% make it less profitable than the average company (7.4%)
5.6% - Phoenix Life Assurance Limited
7.4% - Industry AVG
Employees
with 739 employees, this is above the industry average (16)
- Phoenix Life Assurance Limited
16 - Industry AVG
Pay Structure
on an average salary of £61.2k, the company has an equivalent pay structure (£61.2k)
- Phoenix Life Assurance Limited
£61.2k - Industry AVG
Efficiency
resulting in sales per employee of £136.7k, this is equally as efficient (£136.7k)
- Phoenix Life Assurance Limited
£136.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Phoenix Life Assurance Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Phoenix Life Assurance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Phoenix Life Assurance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Phoenix Life Assurance Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Phoenix Life Assurance Limited
- - Industry AVG
PHOENIX LIFE ASSURANCE LIMITED financials
Phoenix Life Assurance Limited's latest turnover from December 2023 is £101 million and the company has net assets of £4 million. According to their latest financial statements, we estimate that Phoenix Life Assurance Limited has 739 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 101,000,000 | 159,000,000 | -53,000,000 | 1,274,000,000 | 1,449,000,000 | 115,000,000 | 846,000,000 | 1,940,000,000 | 364,000,000 | 1,986,000,000 | 688,000,000 | 537,000,000 | 1,676,000,000 | 1,690,000,000 | 1,020,000,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 6,000,000 | 6,000,000 | 9,000,000 | 16,000,000 | 19,000,000 | 15,000,000 | 11,000,000 | 8,000,000 | 15,000,000 | 27,000,000 | 15,000,000 | 30,000,000 | |||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 14,000,000 | -92,000,000 | -45,000,000 | 122,000,000 | 302,000,000 | 81,000,000 | -19,000,000 | -112,000,000 | 149,000,000 | 101,000,000 | 145,000,000 | 196,000,000 | -18,000,000 | 77,000,000 | 221,000,000 |
| Tax | -9,000,000 | 7,000,000 | 7,000,000 | -37,000,000 | -61,000,000 | 2,000,000 | 5,000,000 | 9,000,000 | -27,000,000 | -53,000,000 | -22,000,000 | -7,000,000 | -39,000,000 | -15,000,000 | 23,000,000 |
| Profit After Tax | 5,000,000 | -85,000,000 | -38,000,000 | 85,000,000 | 241,000,000 | 83,000,000 | -14,000,000 | -103,000,000 | 122,000,000 | 48,000,000 | 123,000,000 | 189,000,000 | -57,000,000 | 92,000,000 | 198,000,000 |
| Dividends Paid | 125,000,000 | 90,000,000 | 231,000,000 | 150,000,000 | 35,000,000 | 103,000,000 | |||||||||
| Retained Profit | 5,000,000 | -85,000,000 | -38,000,000 | -40,000,000 | 241,000,000 | 83,000,000 | -14,000,000 | -103,000,000 | 122,000,000 | -42,000,000 | -108,000,000 | 39,000,000 | -92,000,000 | -11,000,000 | 198,000,000 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,000,000 | 11,397,000,000 | 781,000,000 | 934,000,000 | 1,010,000,000 | 1,108,000,000 | 1,257,000,000 | 1,491,000,000 | 1,475,000,000 | 1,910,000,000 | 1,896,000,000 | 3,292,000,000 | 188,000,000 | 522,000,000 | 514,000,000 |
| Intangible Assets | 81,000,000 | 11,000,000 | 11,000,000 | 6,000,000 | 17,000,000 | ||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,000,000 | 11,397,000,000 | 781,000,000 | 934,000,000 | 1,091,000,000 | 1,119,000,000 | 1,268,000,000 | 1,497,000,000 | 1,492,000,000 | 1,910,000,000 | 1,896,000,000 | 3,292,000,000 | 188,000,000 | 522,000,000 | 514,000,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 2,535,000,000 | 2,390,000,000 | 2,423,000,000 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 78,000,000 | 58,000,000 | 64,000,000 | 110,000,000 | 107,000,000 | 119,000,000 | 233,000,000 | 150,000,000 | 52,000,000 | 58,000,000 | 397,000,000 | 347,000,000 | 130,000,000 | 692,000,000 | |
| misc current assets | 14,983,000,000 | 15,861,000,000 | 15,535,000,000 | 15,454,000,000 | 17,081,000,000 | 17,291,000,000 | 16,093,000,000 | 14,360,000,000 | 14,843,000,000 | 17,730,000,000 | 6,734,000,000 | 5,397,000,000 | 3,541,000,000 | ||
| total current assets | 1,593,000,000 | 15,362,000,000 | 16,222,000,000 | 15,756,000,000 | 15,562,000,000 | 17,442,000,000 | 17,885,000,000 | 16,667,000,000 | 14,919,000,000 | 15,357,000,000 | 18,267,000,000 | 21,321,000,000 | 18,634,000,000 | 16,625,000,000 | |
| total assets | 4,000,000 | 12,990,000,000 | 16,143,000,000 | 17,156,000,000 | 16,847,000,000 | 16,681,000,000 | 18,710,000,000 | 19,382,000,000 | 18,159,000,000 | 16,829,000,000 | 17,253,000,000 | 21,559,000,000 | 21,509,000,000 | 19,156,000,000 | 17,139,000,000 |
| Bank overdraft | 768,000,000 | 703,000,000 | 99,000,000 | 83,000,000 | 350,000,000 | 378,000,000 | 392,000,000 | 250,000,000 | |||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 11,000,000 | 12,407,000,000 | 13,607,000,000 | 13,358,000,000 | 13,269,000,000 | 14,446,000,000 | 14,937,000,000 | 14,103,000,000 | 12,147,000,000 | 11,223,000,000 | 11,878,000,000 | 12,389,000,000 | 11,760,000,000 | 10,191,000,000 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 18,000,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 1,304,000,000 | 15,211,000,000 | 16,184,000,000 | 15,836,000,000 | 15,912,000,000 | 18,019,000,000 | 18,597,000,000 | 17,266,000,000 | 15,961,000,000 | 15,917,000,000 | 20,129,000,000 | 20,223,000,000 | 17,782,000,000 | 15,758,000,000 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 11,123,000,000 | 16,000,000 | 18,000,000 | 17,000,000 | 16,000,000 | 21,000,000 | 26,000,000 | 31,000,000 | 28,000,000 | 278,000,000 | 264,000,000 | 275,000,000 | 271,000,000 | 267,000,000 | |
| total liabilities | 12,427,000,000 | 15,227,000,000 | 16,202,000,000 | 15,853,000,000 | 15,928,000,000 | 18,040,000,000 | 18,623,000,000 | 17,297,000,000 | 15,989,000,000 | 16,195,000,000 | 20,393,000,000 | 20,498,000,000 | 18,053,000,000 | 16,025,000,000 | |
| net assets | 4,000,000 | 563,000,000 | 916,000,000 | 954,000,000 | 994,000,000 | 753,000,000 | 670,000,000 | 759,000,000 | 862,000,000 | 840,000,000 | 1,058,000,000 | 1,166,000,000 | 1,011,000,000 | 1,103,000,000 | 1,114,000,000 |
| total shareholders funds | 4,000,000 | 563,000,000 | 916,000,000 | 954,000,000 | 994,000,000 | 753,000,000 | 670,000,000 | 759,000,000 | 862,000,000 | 840,000,000 | 1,058,000,000 | 1,166,000,000 | 1,011,000,000 | 1,103,000,000 | 1,114,000,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -9,000,000 | 7,000,000 | 7,000,000 | -37,000,000 | -61,000,000 | 2,000,000 | 5,000,000 | 9,000,000 | -27,000,000 | -53,000,000 | -22,000,000 | -7,000,000 | -39,000,000 | -15,000,000 | 23,000,000 |
| Stock | |||||||||||||||
| Debtors | -1,000,000 | -1,000,000 | -1,000,000 | 1,000,000 | -2,533,000,000 | 145,000,000 | -33,000,000 | 2,423,000,000 | |||||||
| Creditors | -11,000,000 | -12,396,000,000 | -1,200,000,000 | 249,000,000 | 89,000,000 | -1,177,000,000 | -491,000,000 | 834,000,000 | 1,956,000,000 | 924,000,000 | -655,000,000 | -511,000,000 | 629,000,000 | 1,569,000,000 | 10,191,000,000 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -18,000,000 | 18,000,000 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -78,000,000 | 20,000,000 | -6,000,000 | -46,000,000 | 3,000,000 | -12,000,000 | -114,000,000 | 83,000,000 | 98,000,000 | -6,000,000 | -339,000,000 | 50,000,000 | 217,000,000 | -562,000,000 | 692,000,000 |
| overdraft | -768,000,000 | 65,000,000 | 604,000,000 | 16,000,000 | -267,000,000 | -28,000,000 | -14,000,000 | 142,000,000 | 250,000,000 | ||||||
| change in cash | -78,000,000 | 788,000,000 | -71,000,000 | -650,000,000 | -13,000,000 | 255,000,000 | -86,000,000 | 97,000,000 | -44,000,000 | -256,000,000 | -339,000,000 | 50,000,000 | 217,000,000 | -562,000,000 | 692,000,000 |
phoenix life assurance limited Credit Report and Business Information
Phoenix Life Assurance Limited Competitor Analysis
Perform a competitor analysis for phoenix life assurance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in B47 area or any other competitors across 12 key performance metrics.
phoenix life assurance limited Ownership
PHOENIX LIFE ASSURANCE LIMITED group structure
Phoenix Life Assurance Limited has 12 subsidiary companies.
Ultimate parent company
2 parents
PHOENIX LIFE ASSURANCE LIMITED
00001419
12 subsidiaries
phoenix life assurance limited directors
Phoenix Life Assurance Limited currently has 3 directors. The longest serving directors include Mr Timothy Harris (May 2022) and Mrs Kerry Sutton (Jan 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Harris | United Kingdom | 55 years | May 2022 | - | Director |
| Mrs Kerry Sutton | United Kingdom | 46 years | Jan 2025 | - | Director |
| Mr James Buffham | 47 years | Jan 2025 | - | Director |
P&L
December 2023turnover
101m
-36%
operating profit
5.6m
0%
gross margin
99.7%
+0.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4m
-0.99%
total assets
4m
-1%
cash
0
-1%
net assets
Total assets minus all liabilities
phoenix life assurance limited company details
company number
00001419
Type
Private limited with Share Capital
industry
65110 - Life insurance
incorporation date
July 1864
age
161
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
pearl assurance limited (September 2012)
pearl assurance public limited company (June 2010)
See moreaccountant
-
auditor
PKF LITTLEJOHN LLP
address
1 wythall green way, wythall, birmingham, B47 6WG
Bank
HSBC BANK PLC
Legal Advisor
-
phoenix life assurance limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 20 charges/mortgages relating to phoenix life assurance limited. Currently there are 1 open charges and 19 have been satisfied in the past.
phoenix life assurance limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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phoenix life assurance limited Companies House Filings - See Documents
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