phoenix me limited
phoenix me limited Company Information
Company Number
00255476
Next Accounts
Jun 2025
Shareholders
cityside electrical co ltd
Group Structure
View All
Industry
Electrical installation
+1Registered Address
1st floor 25 camperdown street, london, E1 8DZ
Website
www.phoenixme.co.ukphoenix me limited Estimated Valuation
Pomanda estimates the enterprise value of PHOENIX ME LIMITED at £121.2m based on a Turnover of £170.2m and 0.71x industry multiple (adjusted for size and gross margin).
phoenix me limited Estimated Valuation
Pomanda estimates the enterprise value of PHOENIX ME LIMITED at £52.3m based on an EBITDA of £7.3m and a 7.12x industry multiple (adjusted for size and gross margin).
phoenix me limited Estimated Valuation
Pomanda estimates the enterprise value of PHOENIX ME LIMITED at £102.1m based on Net Assets of £37.1m and 2.75x industry multiple (adjusted for liquidity).
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Phoenix Me Limited Overview
Phoenix Me Limited is a live company located in london, E1 8DZ with a Companies House number of 00255476. It operates in the electrical installation sector, SIC Code 43210. Founded in April 1931, it's largest shareholder is cityside electrical co ltd with a 100% stake. Phoenix Me Limited is a mature, mega sized company, Pomanda has estimated its turnover at £170.2m with declining growth in recent years.
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Phoenix Me Limited Health Check
Pomanda's financial health check has awarded Phoenix Me Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £170.2m, make it larger than the average company (£1.5m)
£170.2m - Phoenix Me Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.9%)
-4% - Phoenix Me Limited
7.9% - Industry AVG
Production
with a gross margin of 15.1%, this company has a higher cost of product (26.9%)
15.1% - Phoenix Me Limited
26.9% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (6.1%)
4.2% - Phoenix Me Limited
6.1% - Industry AVG
Employees
with 373 employees, this is above the industry average (12)
373 - Phoenix Me Limited
12 - Industry AVG
Pay Structure
on an average salary of £94.7k, the company has a higher pay structure (£43.1k)
£94.7k - Phoenix Me Limited
£43.1k - Industry AVG
Efficiency
resulting in sales per employee of £456.2k, this is more efficient (£161.3k)
£456.2k - Phoenix Me Limited
£161.3k - Industry AVG
Debtor Days
it gets paid by customers after 111 days, this is later than average (56 days)
111 days - Phoenix Me Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (41 days)
43 days - Phoenix Me Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (13 days)
0 days - Phoenix Me Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (23 weeks)
14 weeks - Phoenix Me Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.1%, this is a similar level of debt than the average (60%)
57.1% - Phoenix Me Limited
60% - Industry AVG
PHOENIX ME LIMITED financials
Phoenix Me Limited's latest turnover from September 2023 is £170.2 million and the company has net assets of £37.1 million. According to their latest financial statements, Phoenix Me Limited has 373 employees and maintains cash reserves of £13 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 170,175,000 | 160,055,000 | 140,143,000 | 190,178,000 | 148,124,000 | 124,885,000 | 119,770,000 | 87,608,000 | 86,548,000 | 77,382,000 | 62,597,000 | 52,032,000 | 44,377,000 | 58,618,000 | 60,276,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 144,413,000 | 136,713,000 | 119,242,000 | 169,400,000 | 136,219,000 | 113,067,000 | 105,042,000 | 77,106,000 | 78,713,000 | 70,255,000 | 57,400,000 | 48,326,000 | 40,535,000 | 54,535,000 | 56,307,000 |
| Gross Profit | 25,762,000 | 23,342,000 | 20,901,000 | 20,778,000 | 11,905,000 | 11,818,000 | 14,728,000 | 10,502,000 | 7,835,000 | 7,127,000 | 5,197,000 | 3,706,000 | 3,842,000 | 4,083,000 | 3,969,000 |
| Admin Expenses | 18,582,000 | 15,822,000 | 15,993,000 | 13,142,000 | 7,136,000 | 8,888,000 | 8,588,000 | 6,999,000 | 5,346,000 | 5,231,000 | 3,920,000 | 2,843,000 | 2,927,000 | 2,884,000 | 2,660,000 |
| Operating Profit | 7,180,000 | 7,520,000 | 4,908,000 | 7,636,000 | 4,769,000 | 2,930,000 | 6,140,000 | 3,503,000 | 2,489,000 | 1,896,000 | 1,277,000 | 863,000 | 915,000 | 1,199,000 | 1,309,000 |
| Interest Payable | 3,000 | 4,000 | 106,000 | 10,000 | 15,000 | 20,000 | 10,000 | 6,000 | |||||||
| Interest Receivable | 222,000 | 23,000 | 53,000 | 21,000 | 63,000 | 112,000 | 20,000 | 28,000 | 19,000 | 12,000 | 12,000 | ||||
| Pre-Tax Profit | 7,402,000 | 7,363,000 | 4,957,000 | 6,589,000 | 4,814,000 | 3,042,000 | 6,145,000 | 3,490,000 | 2,508,000 | 1,908,000 | 1,257,000 | 853,000 | 909,000 | 1,211,000 | 1,309,000 |
| Tax | -1,043,000 | -1,636,000 | -1,305,000 | -999,000 | -719,000 | -202,000 | -1,548,000 | -756,000 | -131,000 | -465,000 | 7,000 | -236,000 | -254,000 | -375,000 | -223,000 |
| Profit After Tax | 6,359,000 | 5,727,000 | 3,652,000 | 5,590,000 | 4,095,000 | 2,840,000 | 4,597,000 | 2,734,000 | 2,377,000 | 1,443,000 | 1,264,000 | 617,000 | 655,000 | 836,000 | 1,086,000 |
| Dividends Paid | 3,000,000 | 6,006,000 | 1,604,000 | ||||||||||||
| Retained Profit | 6,359,000 | 2,727,000 | 3,652,000 | 5,590,000 | 4,095,000 | 2,840,000 | -1,409,000 | 1,130,000 | 2,377,000 | 1,443,000 | 1,264,000 | 617,000 | 655,000 | 836,000 | 1,086,000 |
| Employee Costs | 35,306,000 | 28,515,000 | 27,017,000 | 34,173,000 | 44,409,000 | 17,313,000 | 14,121,000 | 5,759,000 | 6,378,000 | 5,985,000 | 6,161,000 | 6,032,000 | 7,621,000 | 8,099,000 | 7,616,000 |
| Number Of Employees | 373 | 311 | 307 | 402 | 460 | 223 | 204 | 193 | 177 | 161 | 153 | 148 | 155 | 144 | 186 |
| EBITDA* | 7,338,000 | 7,689,000 | 5,093,000 | 7,772,000 | 4,846,000 | 2,966,000 | 6,179,000 | 3,525,000 | 2,509,000 | 1,907,000 | 1,287,000 | 879,000 | 943,000 | 1,244,000 | 1,366,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 160,000 | 241,000 | 371,000 | 496,000 | 121,000 | 54,000 | 80,000 | 47,000 | 47,000 | 1,447,000 | 257,000 | 1,625,000 | 389,000 | 763,000 | 1,241,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 252,000 | 252,000 | 252,000 | 622,000 | 1,937,000 | 3,812,000 | 622,000 | 412,000 | 41,000 | 41,000 | 41,000 | 41,000 | 41,000 | 41,000 | 41,000 |
| Debtors (Due After 1 year) | 3,256,000 | 3,225,000 | 1,813,000 | 3,386,000 | 2,239,000 | 459,000 | 2,322,000 | 2,204,000 | 1,486,000 | 1,362,000 | 210,000 | 1,556,000 | 307,000 | 516,000 | 616,000 |
| Total Fixed Assets | 3,668,000 | 3,718,000 | 2,436,000 | 4,504,000 | 4,297,000 | 4,325,000 | 3,024,000 | 2,663,000 | 1,574,000 | 1,447,000 | 257,000 | 1,625,000 | 389,000 | 763,000 | 1,241,000 |
| Stock & work in progress | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 135,000 | 101,000 | 100,000 | 98,000 | 144,000 | 138,000 | 142,000 |
| Trade Debtors | 52,069,000 | 45,207,000 | 29,420,000 | 35,528,000 | 28,490,000 | 17,259,000 | 8,941,000 | 7,015,000 | 10,540,000 | 15,526,000 | 13,440,000 | 5,743,000 | 9,077,000 | 13,395,000 | 9,141,000 |
| Group Debtors | 11,443,000 | 3,210,000 | 3,163,000 | 1,844,000 | 372,000 | 8,569,000 | 3,869,000 | 3,506,000 | 332,000 | 3,322,000 | 3,322,000 | 3,363,000 | 4,756,000 | 4,181,000 | 3,363,000 |
| Misc Debtors | 6,186,000 | 11,349,000 | 6,564,000 | 6,037,000 | 2,950,000 | 9,308,000 | 7,210,000 | 14,787,000 | 7,987,000 | 7,264,000 | 5,505,000 | 6,816,000 | 1,663,000 | 12,000 | 11,000 |
| Cash | 12,990,000 | 24,108,000 | 23,374,000 | 20,518,000 | 14,973,000 | 16,107,000 | 15,631,000 | 13,078,000 | 10,163,000 | 8,622,000 | 4,638,000 | 874,000 | 1,000 | 626,000 | 6,217,000 |
| misc current assets | 2,000,000 | 2,000,000 | 174,000 | 119,000 | |||||||||||
| total current assets | 82,779,000 | 85,965,000 | 64,612,000 | 64,018,000 | 46,876,000 | 51,334,000 | 35,742,000 | 38,477,000 | 29,157,000 | 35,009,000 | 27,124,000 | 16,894,000 | 15,641,000 | 18,352,000 | 18,874,000 |
| total assets | 86,447,000 | 89,683,000 | 67,048,000 | 68,522,000 | 51,173,000 | 55,659,000 | 38,766,000 | 41,140,000 | 30,731,000 | 36,456,000 | 27,381,000 | 18,519,000 | 16,030,000 | 19,115,000 | 20,115,000 |
| Bank overdraft | 387,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 17,049,000 | 23,069,000 | 13,771,000 | 11,971,000 | 19,273,000 | 14,666,000 | 8,250,000 | 4,913,000 | 1,182,000 | 4,214,000 | 3,593,000 | 1,916,000 | 1,616,000 | 4,775,000 | 4,674,000 |
| Group/Directors Accounts | 596,000 | 149,000 | 717,000 | ||||||||||||
| other short term finances | 40,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 30,407,000 | 33,333,000 | 23,323,000 | 30,399,000 | 10,987,000 | 28,103,000 | 18,609,000 | 22,545,000 | 17,413,000 | 22,089,000 | 15,290,000 | 8,849,000 | 7,634,000 | 8,602,000 | 10,539,000 |
| total current liabilities | 48,052,000 | 56,402,000 | 37,094,000 | 42,519,000 | 30,977,000 | 40,325,000 | 26,859,000 | 27,458,000 | 18,635,000 | 26,303,000 | 18,883,000 | 10,765,000 | 9,637,000 | 13,377,000 | 15,213,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,296,000 | 2,508,000 | 1,896,000 | 1,508,000 | 1,166,000 | 262,000 | 118,000 | 744,000 | |||||||
| provisions | 21,000 | 54,000 | 66,000 | 102,000 | 67,000 | 10,000 | 23,000 | 93,000 | 2,000 | 72,000 | 36,000 | ||||
| total long term liabilities | 1,317,000 | 2,562,000 | 1,962,000 | 1,610,000 | 1,233,000 | 650,000 | 23,000 | 93,000 | 2,000 | 298,000 | 136,000 | 744,000 | |||
| total liabilities | 49,369,000 | 58,964,000 | 39,056,000 | 44,129,000 | 32,210,000 | 40,975,000 | 26,882,000 | 27,551,000 | 18,637,000 | 26,601,000 | 19,019,000 | 11,509,000 | 9,637,000 | 13,377,000 | 15,213,000 |
| net assets | 37,078,000 | 30,719,000 | 27,992,000 | 24,393,000 | 18,963,000 | 14,684,000 | 11,884,000 | 13,589,000 | 12,094,000 | 9,855,000 | 8,362,000 | 7,010,000 | 6,393,000 | 5,738,000 | 4,902,000 |
| total shareholders funds | 37,078,000 | 30,719,000 | 27,992,000 | 24,393,000 | 18,963,000 | 14,684,000 | 11,884,000 | 13,589,000 | 12,094,000 | 9,855,000 | 8,362,000 | 7,010,000 | 6,393,000 | 5,738,000 | 4,902,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 7,180,000 | 7,520,000 | 4,908,000 | 7,636,000 | 4,769,000 | 2,930,000 | 6,140,000 | 3,503,000 | 2,489,000 | 1,896,000 | 1,277,000 | 863,000 | 915,000 | 1,199,000 | 1,309,000 |
| Depreciation | 158,000 | 169,000 | 185,000 | 136,000 | 77,000 | 36,000 | 39,000 | 22,000 | 20,000 | 11,000 | 10,000 | 16,000 | 28,000 | 45,000 | 57,000 |
| Amortisation | |||||||||||||||
| Tax | -1,043,000 | -1,636,000 | -1,305,000 | -999,000 | -719,000 | -202,000 | -1,548,000 | -756,000 | -131,000 | -465,000 | 7,000 | -236,000 | -254,000 | -375,000 | -223,000 |
| Stock | -44,000 | 34,000 | 1,000 | 2,000 | -46,000 | 6,000 | -4,000 | 142,000 | |||||||
| Debtors | 9,963,000 | 22,031,000 | -5,835,000 | 12,744,000 | -1,544,000 | 13,253,000 | -5,170,000 | 7,167,000 | -7,129,000 | 4,997,000 | 4,999,000 | 1,675,000 | -2,301,000 | 4,973,000 | 13,131,000 |
| Creditors | -6,020,000 | 9,298,000 | 1,800,000 | -7,302,000 | 4,607,000 | 6,416,000 | 3,337,000 | 3,731,000 | -3,032,000 | 621,000 | 1,677,000 | 300,000 | -3,159,000 | 101,000 | 4,674,000 |
| Accruals and Deferred Income | -2,926,000 | 10,010,000 | -7,076,000 | 19,412,000 | -17,116,000 | 9,494,000 | -3,936,000 | 5,132,000 | -4,676,000 | 6,799,000 | 6,441,000 | 1,215,000 | -968,000 | -1,937,000 | 10,539,000 |
| Deferred Taxes & Provisions | -33,000 | -12,000 | -36,000 | 35,000 | 57,000 | -13,000 | -70,000 | 91,000 | -70,000 | 36,000 | 36,000 | ||||
| Cash flow from operations | -12,647,000 | 3,318,000 | 4,311,000 | 6,174,000 | -6,781,000 | 5,408,000 | 9,132,000 | 4,600,000 | 1,695,000 | 3,900,000 | 4,447,000 | 529,000 | -1,143,000 | -5,936,000 | 3,083,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -370,000 | -1,315,000 | -1,875,000 | 3,190,000 | 210,000 | 371,000 | 41,000 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 596,000 | -149,000 | -568,000 | 717,000 | |||||||||||
| Other Short Term Loans | -40,000 | 40,000 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,212,000 | 612,000 | 388,000 | 342,000 | 1,166,000 | -262,000 | 144,000 | -626,000 | 744,000 | ||||||
| share issue | |||||||||||||||
| interest | 222,000 | 20,000 | 49,000 | -85,000 | 53,000 | 112,000 | 5,000 | 28,000 | 19,000 | 12,000 | -20,000 | -10,000 | -6,000 | 12,000 | |
| cash flow from financing | -394,000 | 632,000 | 235,000 | -471,000 | 2,120,000 | 72,000 | -291,000 | 353,000 | -341,000 | 206,000 | -558,000 | 734,000 | -6,000 | 12,000 | 3,816,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -11,118,000 | 734,000 | 2,856,000 | 5,545,000 | -1,134,000 | 476,000 | 2,553,000 | 2,915,000 | 1,541,000 | 3,984,000 | 3,764,000 | 873,000 | -625,000 | -5,591,000 | 6,217,000 |
| overdraft | -387,000 | 387,000 | |||||||||||||
| change in cash | -11,118,000 | 734,000 | 2,856,000 | 5,545,000 | -1,134,000 | 476,000 | 2,553,000 | 2,915,000 | 1,541,000 | 3,984,000 | 3,764,000 | 1,260,000 | -1,012,000 | -5,591,000 | 6,217,000 |
phoenix me limited Credit Report and Business Information
Phoenix Me Limited Competitor Analysis
Perform a competitor analysis for phoenix me limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in E 1 area or any other competitors across 12 key performance metrics.
phoenix me limited Ownership
PHOENIX ME LIMITED group structure
Phoenix Me Limited has 2 subsidiary companies.
Ultimate parent company
PHOENIX ME LIMITED
00255476
2 subsidiaries
phoenix me limited directors
Phoenix Me Limited currently has 7 directors. The longest serving directors include Mr Lee Compton (Apr 2006) and Mr Stewart Crane (Feb 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Compton | England | 63 years | Apr 2006 | - | Director |
| Mr Stewart Crane | England | 45 years | Feb 2014 | - | Director |
| Mr Duncan McArthur | England | 41 years | Jan 2018 | - | Director |
| Mr Dean Marler | 46 years | Apr 2022 | - | Director | |
| Mr Terence Hussey | 38 years | Apr 2022 | - | Director | |
| Mr Sean O'Connor | 44 years | Jan 2024 | - | Director | |
| Mr Terrence Perkins | 51 years | Jan 2024 | - | Director |
P&L
September 2023turnover
170.2m
+6%
operating profit
7.2m
-5%
gross margin
15.2%
+3.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
37.1m
+0.21%
total assets
86.4m
-0.04%
cash
13m
-0.46%
net assets
Total assets minus all liabilities
phoenix me limited company details
company number
00255476
Type
Private limited with Share Capital
industry
43210 - Electrical installation
43290 - Other construction installation
incorporation date
April 1931
age
94
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
phoenix electrical company limited (June 2013)
phoenix electrical company limited (October 2009)
accountant
-
auditor
HJS ACCOUNTANTS LIMITED
address
1st floor 25 camperdown street, london, E1 8DZ
Bank
-
Legal Advisor
-
phoenix me 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 5 charges/mortgages relating to phoenix me limited. Currently there are 1 open charges and 4 have been satisfied in the past.
phoenix me 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 me limited Companies House Filings - See Documents
| date | description | view/download |
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