Pho 2012 Limited
Registered name: PHO 2012 LIMITED
Part of Cilantro Holding Ltd groupPho 2012 Limited made £100k revenue and a £1.3m loss in the year to 23 Feb 2025.
Pho 2012 Limited’s revenue was £100k in the year to 23 Feb 2025, with a loss of £1.3m and 0 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 19 Feb 2023 | 23 Feb 2025 |
|---|---|---|
| Disclosure | Profit only | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | — | £100k |
| Operating profit | — | −£323k |
| Profit before tax | — | −£1.3m |
| Profit after tax | −£1.4m | −£1.3m |
| Profit (best available) | −£1.4m | −£1.3m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | — | −1304% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | −£1.3m | −£95.4k |
| Fixed assets | £5.9m | — |
| Current assets | £11.6m | — |
| Debtors | £0 | £19.3m |
| Deferred income | £13.2k | £21.8k |
| Source | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −1304%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 21.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19276%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£95.4k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £21.8k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Cilantro Holding Ltdultimate parent75–100%
- Cilantro Midco Ltd75–100%
- Cilantro Bidco Ltd75–100%
- Pho 2012 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 23 Feb 2025 (profit −£1.3m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.