David Phillips (Rental) Limited
Registered name: DAVID PHILLIPS (RENTAL) LIMITED
Part of Occam Wile Limited groupDavid Phillips (Rental) Limited made £3.3m revenue and £184k profit in the year to 31 Mar 2024.
David Phillips (Rental) Limited’s revenue fell 15% to £3.3m in the year to 31 Mar 2024, with £184k profit and 18 employees. The company is classified under “renting and leasing of other personal and household goods” and is based in London; we hold 2 years of its filed accounts.
- Status
- In Administration/Administrative Receiver
- Location
- London, London
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
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 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3.9m | £3.3m |
| Cost of sales | £812k | £790k |
| Gross profit | £3.1m | £2.6m |
| Operating profit | £225k | £180k |
| Profit before tax | £229k | £184k |
| Profit after tax | £229k | £184k |
| Profit (best available) | £229k | £184k |
| Employees (average) | 22 | 18 |
| Ratios | ||
| Profit margin | 5.8% | 5.5% |
| Gross margin | 79.3% | 76.3% |
| Revenue per employee | £179k | £186k |
| Profit per employee | £10.4k | £10.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼14.9% |
| Profit growth | — | ▼19.9% |
| Headcount growth | — | ▼18.2% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | −£936k | −£752k |
| Fixed assets | £807k | £695k |
| Debtors | £117k | £83.7k |
| Deferred income | £825k | £523k |
| Source | Accounts · bulk data Mar 2025 | Accounts · bulk data Mar 2025 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 76.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £186k
- Revenue ÷ average employees.
- Profit per employee
- £10.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 20.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 15.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.5%
- 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 −£752k
- Cash at bank
- —
- Now —
- Headcount
- ▼18%
- Now 18
- Deferred income
- ▼37%
- Now £523k
- Fixed assets
- ▼14%
- Now £695k
Group structure
Ownership chain
- Occam Wile Limitedultimate parent75–100%
- David Phillips (Rental) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- David Phillips Furniture LtdIn AdministrationRev. £28.4m · Profit £2.3m
- David Phillips (Ff&e) LimitedIn AdministrationRev. £12m · Profit −£178k
- Milc Property Stylists LtdActive - Proposal to Strike offRev. £2.5m · Profit £152k
- Peel Mount Contract Furnishings LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit £184k), from the Companies House accounts bulk data published Mar 2025. 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.