How much does Phoelex Ltd make?

Phoelex Ltd reported revenue of £0 and a loss of £2.3m in the year to 31 Jul 2023, according to its accounts filed at Companies House.

How many employees does Phoelex Ltd have?

Phoelex Ltd reported an average of 38 employees in the year to 31 Jul 2023.

Is Phoelex Ltd profitable?

No — Phoelex Ltd reported a loss of £2.3m in the year to 31 Jul 2023.

Company No. 09819467 · Incorporated 12 Oct 2015

Phoelex Ltd

Registered name: PHOELEX LTD

Phoelex Ltd made £0 revenue and a £2.3m loss in the year to 31 Jul 2023. read from filing text

Phoelex Ltd’s revenue was £0 in the year to 31 Jul 2023, with a loss of £2.3m and 38 employees. The company is classified under “other information technology service activities” and is based in Stockton-on-Tees; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Liquidation
Location: Stockton-on-Tees, North East
Age: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 31 Jul 2023

Key figures

Independent

Revenue

£0

Growth —

Profit

−£2.3m

Growth —

Profit margin

—

Employees

Change —

Profit / employee

−£60.7k

Revenue/employee £0

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Jul 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£0	£0
Operating profit	−£5m	−£3.1m
Profit before tax	−£5m	−£3.1m
Profit after tax	−£3.8m	−£2.3m
Profit (best available)	−£3.8m	−£2.3m
Employees (average)	34	38
Ratios
Profit margin	—	—
Revenue per employee	£0	£0
Profit per employee	−£112k	−£60.7k
Balance sheet — indirect signals, not revenue
Cash at bank	£715k	£135k
Net assets	£2.6m	£375k
Fixed assets	£272k	£77.4k
Current assets	£2.8m	£1.5m
Debtors	£2.1m	£1.4m
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £0; Revenue ÷ average employees.
Profit per employee: −£60.7k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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 £375k
Cash at bank: —; Now £135k
Headcount: —; Now 38
Deferred income: —; Now —
Fixed assets: —; Now £77.4k

Corporate ownership

Group structure

Minority corporate shareholders

Octopus Titan VCT PLC 25–50%

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jul 2023 (profit −£2.3m), from the Companies House accounts bulk data published Apr 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.