phe associates limited
phe associates limited Company Information
Company Number
08342334
Next Accounts
Sep 2025
Industry
Agents involved in the sale of fuels, ores, metals and industrial chemicals
Directors
Shareholders
mr philip stephen higgs
Group Structure
View All
Contact
Registered Address
handel house 95 high street, edgware, middlesex, HA8 7DB
Website
-phe associates limited Estimated Valuation
Pomanda estimates the enterprise value of PHE ASSOCIATES LIMITED at £207.4k based on a Turnover of £666.4k and 0.31x industry multiple (adjusted for size and gross margin).
phe associates limited Estimated Valuation
Pomanda estimates the enterprise value of PHE ASSOCIATES LIMITED at £0 based on an EBITDA of £-51.5k and a 2.92x industry multiple (adjusted for size and gross margin).
phe associates limited Estimated Valuation
Pomanda estimates the enterprise value of PHE ASSOCIATES LIMITED at £802.5k based on Net Assets of £439.3k and 1.83x industry multiple (adjusted for liquidity).
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Phe Associates Limited Overview
Phe Associates Limited is a live company located in middlesex, HA8 7DB with a Companies House number of 08342334. It operates in the agents involved in the sale of fuels, ores, metals and industrial chemicals sector, SIC Code 46120. Founded in December 2012, it's largest shareholder is mr philip stephen higgs with a 100% stake. Phe Associates Limited is a established, small sized company, Pomanda has estimated its turnover at £666.4k with rapid growth in recent years.
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Phe Associates Limited Health Check
Pomanda's financial health check has awarded Phe Associates Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £666.4k, make it smaller than the average company (£33.7m)
- Phe Associates Limited
£33.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 118%, show it is growing at a faster rate (11.6%)
- Phe Associates Limited
11.6% - Industry AVG
Production
with a gross margin of 12.3%, this company has a comparable cost of product (12.3%)
- Phe Associates Limited
12.3% - Industry AVG
Profitability
an operating margin of -7.8% make it less profitable than the average company (3.6%)
- Phe Associates Limited
3.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
1 - Phe Associates Limited
21 - Industry AVG
Pay Structure
on an average salary of £58.6k, the company has an equivalent pay structure (£58.6k)
- Phe Associates Limited
£58.6k - Industry AVG
Efficiency
resulting in sales per employee of £666.4k, this is less efficient (£1.4m)
- Phe Associates Limited
£1.4m - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (31 days)
- Phe Associates Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (25 days)
- Phe Associates Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Phe Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (14 weeks)
52 weeks - Phe Associates Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.6%, this is a lower level of debt than the average (58.7%)
17.6% - Phe Associates Limited
58.7% - Industry AVG
PHE ASSOCIATES LIMITED financials
Phe Associates Limited's latest turnover from December 2023 is estimated at £666.4 thousand and the company has net assets of £439.3 thousand. According to their latest financial statements, Phe Associates Limited has 1 employee and maintains cash reserves of £95.2 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 106,724 | 64,629 | |||||||||
| Other Income Or Grants | 0 | 0 | |||||||||
| Cost Of Sales | 78,337 | 63,054 | |||||||||
| Gross Profit | 28,387 | 1,575 | |||||||||
| Admin Expenses | 45,595 | 24,592 | |||||||||
| Operating Profit | -17,208 | -23,017 | |||||||||
| Interest Payable | 41 | 0 | |||||||||
| Interest Receivable | 6,878 | 5,889 | |||||||||
| Pre-Tax Profit | -10,371 | -17,128 | |||||||||
| Tax | 0 | 0 | |||||||||
| Profit After Tax | -10,371 | -17,128 | |||||||||
| Dividends Paid | 0 | 0 | |||||||||
| Retained Profit | -10,371 | -17,128 | |||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 2 | ||||
| EBITDA* | -16,937 | -22,746 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 369 | 640 | 911 | 99 | 100 | 453 | 916 | 649 | 1,275 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 2,000 | 3,000 | 4,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 369 | 640 | 911 | 99 | 100 | 453 | 1,916 | 2,649 | 4,275 | 4,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,373 | 3,011 | 36,853 | 12,319 | 366,933 | 357,726 | 390,854 | 281,010 | 177,186 | 157,240 | 138,079 |
| Group Debtors | 0 | 0 | 126,000 | 126,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 430,504 | 435,613 | 260,244 | 238,416 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 95,177 | 85,635 | 92,308 | 212,653 | 229,548 | 280,044 | 266,614 | 205,896 | 231,305 | 143,757 | 172,837 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 533,054 | 524,259 | 515,405 | 589,388 | 596,481 | 637,770 | 657,468 | 486,906 | 408,491 | 300,997 | 310,916 |
| total assets | 533,054 | 524,628 | 516,045 | 590,299 | 596,580 | 637,870 | 657,921 | 488,822 | 411,140 | 305,272 | 314,916 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 69,249 | 12,804 | 36,162 | 32,818 | 64,424 | 97,285 | 188,000 | 135,800 | 176,729 | 134,958 | 174,886 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 24,547 | 25,438 | 19,226 | 14,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 93,796 | 38,242 | 55,388 | 47,271 | 64,424 | 97,285 | 188,000 | 135,800 | 176,729 | 134,958 | 174,886 |
| loans | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 0 |
| total long term liabilities | 0 | 0 | 255 | 50,255 | 255 | 255 | 255 | 255 | 255 | 255 | 0 |
| total liabilities | 93,796 | 38,242 | 55,643 | 97,526 | 64,679 | 97,540 | 188,255 | 136,055 | 176,984 | 135,213 | 174,886 |
| net assets | 439,258 | 486,386 | 460,402 | 492,773 | 531,901 | 540,330 | 469,666 | 352,767 | 234,156 | 170,059 | 140,030 |
| total shareholders funds | 439,258 | 486,386 | 460,402 | 492,773 | 531,901 | 540,330 | 469,666 | 352,767 | 234,156 | 170,059 | 140,030 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -17,208 | -23,017 | |||||||||
| Depreciation | 369 | 271 | 271 | 271 | 0 | 353 | 463 | 626 | 626 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 1,000 | |
| Tax | 0 | 0 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -747 | 15,527 | 46,362 | 9,802 | 9,207 | -33,128 | 109,844 | 103,824 | 19,946 | 19,161 | 138,079 |
| Creditors | 56,445 | -23,358 | 3,344 | -31,606 | -32,861 | -90,715 | 52,200 | -40,929 | 41,771 | -39,928 | 174,886 |
| Accruals and Deferred Income | -891 | 6,212 | 4,773 | 14,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -255 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 255 | 0 |
| Cash flow from operations | -55,182 | -49,701 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 6,837 | 5,889 | |||||||||
| cash flow from financing | -65,163 | 33,889 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | 9,542 | -6,673 | -120,345 | -16,895 | -50,496 | 13,430 | 60,718 | -25,409 | 87,548 | -29,080 | 172,837 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 9,542 | -6,673 | -120,345 | -16,895 | -50,496 | 13,430 | 60,718 | -25,409 | 87,548 | -29,080 | 172,837 |
phe associates limited Credit Report and Business Information
Phe Associates Limited Competitor Analysis
Perform a competitor analysis for phe associates limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA8 area or any other competitors across 12 key performance metrics.
phe associates limited Ownership
PHE ASSOCIATES LIMITED group structure
Phe Associates Limited has no subsidiary companies.
Ultimate parent company
PHE ASSOCIATES LIMITED
08342334
phe associates limited directors
Phe Associates Limited currently has 1 director, Mr Philip Higgs serving since Dec 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Higgs | United Kingdom | 73 years | Dec 2012 | - | Director |
P&L
December 2023turnover
666.4k
+115%
operating profit
-51.9k
0%
gross margin
12.3%
-0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
439.3k
-0.1%
total assets
533.1k
+0.02%
cash
95.2k
+0.11%
net assets
Total assets minus all liabilities
phe associates limited company details
company number
08342334
Type
Private limited with Share Capital
industry
46120 - Agents involved in the sale of fuels, ores, metals and industrial chemicals
incorporation date
December 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
PINNICK LEWIS LLP
auditor
-
address
handel house 95 high street, edgware, middlesex, HA8 7DB
Bank
-
Legal Advisor
-
phe associates 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 did not find charges/mortgages relating to phe associates limited.
phe associates 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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phe associates limited Companies House Filings - See Documents
| date | description | view/download |
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