Philex Limited

POWER SEARCH PRICING

SOLUTIONS

philex limited Company Information

Company Number

01629476

Next Accounts

Dec 2025

Directors

Massoud Saboorian

Keith Pacey

View All

Shareholders

philex holdings ltd

Group Structure

View All

Industry

Activities of head offices

Registered Address

philex house, kingfisher wharf london road, bedford, bedfordshire mk42 0nx, MK43 7DE

Website

www.philex.com

philex limited Estimated Valuation

£12.4m

Pomanda estimates the enterprise value of PHILEX LIMITED at £12.4m based on a Turnover of £24.4m and 0.51x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Philex Limited is a live company located in bedford, MK43 7DE with a Companies House number of 01629476. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 1982, it's largest shareholder is philex holdings ltd with a 100% stake. Philex Limited is a mature, large sized company, Pomanda has estimated its turnover at £24.4m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Philex Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

4 Strong

1 Regular

7 Weak

Size

annual sales of £24.4m, make it larger than the average company (£20.2m)

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.9%)

EXPORT

Philex Limited's latest turnover from March 2024 is £24.4 million and the company has net assets of £2.3 million. According to their latest financial statements, Philex Limited has 65 employees and maintains cash reserves of £35.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	24,416,707	30,552,033	34,545,184	30,576,178	27,991,025	24,302,885	24,650,175	21,812,574	19,187,577	18,096,049	19,760,120	18,293,655	22,961,608	41,402,931	44,919,585
Other Income Or Grants
Cost Of Sales	22,133,444	28,429,097	28,035,281	24,634,888	23,183,686	20,004,610	19,906,963	17,267,365	14,550,555	13,431,315	14,521,046	13,853,828	17,354,523	32,725,768	35,416,951
Gross Profit	2,283,263	2,122,936	6,509,903	5,941,290	4,807,339	4,298,275	4,743,212	4,545,209	4,637,022	4,664,734	5,239,074	4,439,827	5,607,085	8,677,163	9,502,634
Admin Expenses	4,826,565	5,515,178	5,065,663	4,846,254	4,359,615	4,210,589	4,869,945	4,100,244	4,036,497	4,064,131	4,258,571	4,139,500	5,145,521	7,066,031	7,107,235
Operating Profit	-2,543,302	-3,392,242	1,444,240	1,095,036	447,724	87,686	-126,733	444,965	600,525	600,603	980,503	300,327	461,564	1,611,132	2,395,399
Interest Payable	528,265	335,378	133,147	93,887	128,907	116,013	146,856	109,670	111,596	90,559	90,556	96,768	115,352	170,388	206,283
Interest Receivable						1,873								779
Pre-Tax Profit	-3,071,567	-3,727,620	1,311,093	1,002,071	318,817	-4,145	-273,589	335,295	488,929	510,044	889,947	203,559	-1,311,104	1,441,523	2,189,116
Tax	371,802	7,440	3,223	-182,272	-70,797	-4,738	-7,369	-68,363	-51,195	-53,115	-204,163	-35,915	-207,032	-359,127	-393,730
Profit After Tax	-2,699,765	-3,720,180	1,314,316	819,799	248,020	-8,883	-280,958	266,932	437,734	456,929	685,784	167,644	-1,518,136	1,082,396	1,795,386
Dividends Paid			350,000				230,000	250,000	300,000	250,000	500,000	93,719	140,000	550,000
Retained Profit	-2,699,765	-3,720,180	964,316	819,799	248,020	-8,883	-510,958	51,681	137,734	206,929	185,784	73,925	-1,658,136	487,760	1,651,642
Employee Costs	2,329,886	2,828,617	2,865,438	2,652,998	2,645,355	2,707,626	2,637,633	2,649,576	2,621,123	2,591,972	2,483,831	2,508,676	2,884,645	3,830,503	3,810,840
Number Of Employees	65	79	80	77	78	84	87	90	78	78	77	84	79	473	454
EBITDA*	-2,484,783	-3,285,837	1,597,298	1,248,094	593,506	243,695	7,679	606,092	755,058	765,892	1,149,110	400,941	668,277	1,894,656	2,671,161

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	4,516,658	3,194,578	2,562,302	2,463,392	2,493,215	2,517,444	2,397,887	2,310,246	2,289,534	2,304,251	2,775,007	2,771,062	2,784,335	3,169,162	3,258,943
Intangible Assets	243,464	284,329	317,012	373,594	434,906	508,036	574,415	761,001	701,281	687,642	736,642	793,535	849,353	987,757	1,017,320
Investments & Other								68,270						411,301	397,085
Debtors (Due After 1 year)											180,000
Total Fixed Assets	4,760,122	3,478,907	2,879,314	2,836,986	2,928,121	3,025,480	2,972,302	3,139,517	2,990,815	2,991,893	3,691,649	3,564,597	3,633,688	4,568,220	4,673,348
Stock & work in progress	4,643,771	9,397,960	10,871,264	6,871,729	4,684,860	5,120,471	4,755,124	5,029,581	4,046,502	3,577,793	3,077,466	3,326,138	4,497,029	6,750,320	6,677,113
Trade Debtors	3,571,065	3,400,464	5,545,570	5,926,533	5,122,567	4,777,979	5,600,935	4,821,601	4,554,041	3,687,490	4,011,255	3,676,689	3,903,046	7,822,268	8,183,482
Group Debtors	234,650	181,770	1,729,986	1,149,061	1,498,911	1,486,109	1,513,190	1,613,398	1,317,897	1,220,678	1,019,427	1,018,864	620,197	5,926	2,168
Misc Debtors	468,485	1,627,355	686,722	498,095	407,687	495,456	221,115	201,016	265,701	209,780	263,804	356,603	399,995	911,787	618,414
Cash	35,097	84,777	713,916	430,093	635,301	508,670	676,880	688,675	611,186	469,232	804,947	279,184	302,094	497,085	841,759
misc current assets
total current assets	8,953,068	14,692,326	19,547,458	14,875,511	12,349,326	12,388,685	12,767,244	12,354,271	10,795,327	9,164,973	9,176,899	8,657,478	9,722,361	15,987,386	16,322,936
total assets	13,713,190	18,171,233	22,426,772	17,712,497	15,277,447	15,414,165	15,739,546	15,493,788	13,786,142	12,156,866	12,868,548	12,222,075	13,356,049	20,555,606	20,996,284
Bank overdraft			618,770	100,681	253,150	652,770	549,378	1,334,001	945,932	557,847	627,031	723	732,705	162,827	100,903
Bank loan	1,326,457	2,627,211	3,317,352	3,169,633	1,743,702	2,022,136	2,209,223	1,128,244	1,035,725	1,011,387	2,128,749	3,033,762	2,493,663	2,195,254	2,563,503
Trade Creditors	3,440,153	3,295,052	4,170,415	3,424,250	2,972,955	3,816,847	3,237,708	2,460,665	2,235,782	1,644,034	1,773,148	1,304,654	962,617	4,341,385	4,748,109
Group/Directors Accounts	1,366,480	1,333,914	4,585		7,298	6,922	207,540			509,338	468,069		96,848	3,891	102,915
other short term finances					3,852,294	3,217,117	3,813,880
hp & lease commitments										3,856	10,857	12,859	12,255	11,277	3,246
other current liabilities	3,894,407	5,544,441	6,578,047	5,078,204	1,325,379	823,136	995,980	4,430,483	3,385,114	2,260,711	2,695,136	2,886,924	4,153,136	5,921,060	5,882,450
total current liabilities	10,027,497	12,800,618	14,689,169	11,772,768	10,154,778	10,538,928	11,013,709	9,353,393	7,602,553	5,987,173	7,702,990	7,238,922	8,451,224	12,635,694	13,401,126
loans	1,370,370	1,319,298	640,484					945,000	1,085,000	1,225,000				1,120,000	1,260,000
hp & lease commitments											4,397	14,648	26,430	39,763	231
Accruals and Deferred Income
other liabilities
provisions	4,440	376,242	376,865	263,791	261,530	267,118	233,206	93,909	44,038	27,876	32,808	25,936	9,751	17,630	26,393
total long term liabilities	1,374,810	1,695,540	1,017,349	263,791	261,530	267,118	233,206	1,038,909	1,129,038	1,252,876	37,205	40,584	36,181	1,177,393	1,286,624
total liabilities	11,402,307	14,496,158	15,706,518	12,036,559	10,416,308	10,806,046	11,246,915	10,392,302	8,731,591	7,240,049	7,740,195	7,279,506	8,487,405	13,813,087	14,687,750
net assets	2,310,883	3,675,075	6,720,254	5,675,938	4,861,139	4,608,119	4,492,631	5,101,486	5,054,551	4,916,817	5,128,353	4,942,569	4,868,644	6,526,780	6,132,200
total shareholders funds	2,310,883	3,675,075	6,720,254	5,675,938	4,861,139	4,608,119	4,492,631	5,101,486	5,054,551	4,916,817	5,128,353	4,942,569	4,868,644	6,526,780	6,132,200

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-2,543,302	-3,392,242	1,444,240	1,095,036	447,724	87,686	-126,733	444,965	600,525	600,603	980,503	300,327	461,564	1,611,132	2,395,399
Depreciation	52,754	57,716	78,306	78,306	64,955	75,492	75,142	80,730	84,693	103,617	106,511	93,115	196,036	240,802	232,901
Amortisation	5,765	48,689	74,752	74,752	80,827	80,517	59,270	80,397	69,840	61,672	62,096	7,499	10,677	42,722	42,861
Tax	371,802	7,440	3,223	-182,272	-70,797	-4,738	-7,369	-68,363	-51,195	-53,115	-204,163	-35,915	-207,032	-359,127	-393,730
Stock	-4,754,189	-1,473,304	3,999,535	2,186,869	-435,611	365,347	-274,457	983,079	468,709	500,327	-248,672	-1,170,891	-2,253,291	73,207	6,677,113
Debtors	-935,389	-2,752,689	388,589	544,524	269,621	-575,696	699,225	498,376	1,019,691	-356,538	422,330	128,918	-3,816,743	-64,083	8,804,064
Creditors	145,101	-875,363	746,165	451,295	-843,892	579,139	777,043	224,883	591,748	-129,114	468,494	342,037	-3,378,768	-406,724	4,748,109
Accruals and Deferred Income	-1,650,034	-1,033,606	1,499,843	3,752,825	502,243	-172,844	-3,434,503	1,045,369	1,124,403	-434,425	-191,788	-1,266,212	-1,767,924	38,610	5,882,450
Deferred Taxes & Provisions	-371,802	-623	113,074	2,261	-5,588	33,912	139,297	49,871	16,162	-4,932	6,872	16,185	-7,879	-8,763	26,393
Cash flow from operations	1,699,862	-961,996	-428,521	2,540,810	341,462	889,513	-2,942,621	376,397	947,776	517	1,054,867	499,009	1,376,708	1,149,528	-2,546,794
Investing Activities
capital expenditure					-43,423	-55,643	-90,996	-160,010	-146,664	-71,875	-115,492	-484,219	-39,067	-119,056	-91,930
Change in Investments							-68,270	68,270					-411,301	14,216	397,085
cash flow from investments					-43,423	-55,643	-22,726	-228,280	-146,664	-71,875	-115,492	-484,219	372,234	-133,272	-489,015
Financing Activities
Bank loans	-1,300,754	-690,141	147,719	1,425,931	-278,434	-187,087	1,080,979	92,519	24,338	-1,117,362	-905,013	540,099	298,409	-368,249	2,563,503
Group/Directors Accounts	32,566	1,329,329	4,585	-7,298	376	-200,618	207,540		-509,338	41,269	468,069	-96,848	92,957	-99,024	102,915
Other Short Term Loans				-3,852,294	635,177	-596,763	3,813,880
Long term loans	51,072	678,814	640,484				-945,000	-140,000	-140,000	1,225,000			-1,120,000	-140,000	1,260,000
Hire Purchase and Lease Commitments									-3,856	-11,398	-12,253	-11,178	-12,355	47,563	3,477
other long term liabilities
share issue	1,335,573	675,001	80,000	-5,000	5,000	124,371	-97,897	-4,746		-418,465				-93,180	4,480,558
interest	-528,265	-335,378	-133,147	-93,887	-128,907	-114,140	-146,856	-109,670	-111,596	-90,559	-90,556	-96,768	-115,352	-169,609	-206,283
cash flow from financing	-409,808	1,657,625	739,641	-2,532,548	233,212	-974,237	3,912,646	-161,897	-740,452	-371,515	-539,753	335,305	-856,341	-822,499	8,204,170
cash and cash equivalents
cash	-49,680	-629,139	283,823	-205,208	126,631	-168,210	-11,795	77,489	141,954	-335,715	525,763	-22,910	-194,991	-344,674	841,759
overdraft		-618,770	518,089	-152,469	-399,620	103,392	-784,623	388,069	388,085	-69,184	626,308	-731,982	569,878	61,924	100,903
change in cash	-49,680	-10,369	-234,266	-52,739	526,251	-271,602	772,828	-310,580	-246,131	-266,531	-100,545	709,072	-764,869	-406,598	740,856

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for philex limited. Get real-time insights into philex limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for philex limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in MK43 area or any other competitors across 12 key performance metrics.

PHILEX LIMITED group structure

Philex Limited has 3 subsidiary companies.

Ultimate parent company

PHILEX HOLDINGS LTD

#0010509

1 parent

PHILEX LIMITED

01629476

3 subsidiaries

HARRY B.LITHERLAND & CO. LIMITED

00982930

AUDIBLE FIDELITY LTD

07473819

PHILEX ELECTRONIC LIMITED

03391238

PHILEX LIMITED Shareholders

philex holdings ltd

100%

Philex Limited currently has 5 directors. The longest serving directors include Mr Massoud Saboorian (Aug 1992) and Mr Keith Pacey (Mar 2017).

officer	country	age	start	end	role
Mr Massoud Saboorian	United Kingdom	75 years	Aug 1992	-	Director
Mr Keith Pacey	England	75 years	Mar 2017	-	Director
Mr Cyrus Sabourian		32 years	Nov 2021	-	Director
Mr Ian Taylor		60 years	Apr 2023	-	Director
Mr Malcolm Pritchard		54 years	Apr 2023	-	Director

P&L

March 2024

turnover

24.4m

-20%

operating profit

-2.5m

-25%

gross margin

9.4%

+34.58%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

2.3m

-0.37%

total assets

13.7m

-0.25%

cash

35.1k

-0.59%

net assets

Total assets minus all liabilities

Similar Companies

bennie holdings limited

seckloe 297 limited

wheatley holdings limited

e.m. rogers group limited

george brown's implements (holdings) limited

company number

01629476

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 1982

ultimate parent company

PHILEX HOLDINGS LTD

previous names

philex plc (July 2012)

mimesave limited (September 1982)

address

philex house, kingfisher wharf london road, bedford, bedfordshire mk42 0nx, MK43 7DE

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 18 charges/mortgages relating to philex limited. Currently there are 1 open charges and 17 have been satisfied in the past.

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.

Click to start generating capital raising & share issue transactions for PHILEX LIMITED. This can take several minutes, an email will notify you when this has completed.

philex limited Company Information

philex limited Estimated Valuation

philex limited Estimated Valuation

philex limited Estimated Valuation

Philex Limited Overview

Philex Limited Health Check

PHILEX LIMITED financials

philex limited Credit Report and Business Information

Philex Limited Competitor Analysis

philex limited Ownership

philex limited directors

philex limited company details

philex limited Charges & Mortgages

philex limited Capital Raised & Share Issues BETA

philex limited Companies House Filings - See Documents