PHOENIX PRODUCT DEVELOPMENT LIMITED

SUSTAINABLE WORKSPACES COUNTY HALL, WESTMINSTER BRIDGE ROAD, LONDON, SE1 7PB

Company Number: 03681995
Incorporation date: 10-Dec-1998
Status: Active
Entity type: Private Limited Company

SIC codes:
23420 Manufacture of ceramic sanitary fixtures





SUMMARY

This company is 25.3 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 1.6 million which has increased from GBP 533.2 thousand in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -2.2 million in the last reported period. Retained earnings is negative (GBP -17.9 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 18 other companies, 4 (22.2%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 28-Sep-2024
Accounts Filed: AUDITED ABRIDGED (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 584,577 2,188,602 809,540 46,683 276,698 19,252,727 -17,937,949 1,591,476
31-Dec-2021 GBP 164,892 1,698,369 1,374,450 44,668 193,359 16,028,285 -15,688,401 533,243
31-Dec-2020 GBP 1,078,457 2,541,551 456,747 52,016 189,227 15,824,148 -13,643,444 2,369,931
31-Dec-2019 GBP 529,550 2,065,092 864,114 5,446 138,839 12,987,397 -11,509,938 1,616,298
31-Dec-2018 GBP 397,638 1,784,936 1,460,327 69,835 10,123,241 -9,611,231 581,845
31-Dec-2017 GBP 2,531,458 2,902,453 572,302 69,835 10,123,241 -7,615,186 2,577,890
31-Dec-2016 GBP 154,201 456,590 1,245,595 23,280 5,362,634 -5,885,443 -499,529

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2022 GBP 30.12% 3,307,781 7,674,549 10,982,330 8,999,380
31-Dec-2021 GBP 2.14% 208,269 9,537,783 9,746,052 9,068,585
31-Dec-2020 GBP 26.63% 2,887,139 7,955,217 10,842,356 8,623,514
31-Dec-2019 GBP 49.70% 2,933,160 2,968,483 5,901,643 3,974,192
31-Dec-2017 GBP 66.66% 4,807,162 2,403,839 7,211,001 3,464,591
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Anthony Ross JONES 15 Jun 2018 31 Aug 2023 0 - 1
Resigned Anthony Michael BLAIKLOCK 01 Jan 2013 20 Feb 2018 0 - 1
Resigned Karen Elizabeth HAND 26 Sep 2012 31 Dec 2012 0 - 1
Resigned David Richard MARSH 02 Nov 2007 26 Sep 2012 0 - 4
Resigned Stanley Harold MOORE 10 Dec 1998 02 Nov 2007 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Henning VON SPRECKELSEN 23 Nov 2022 25 Oct 2023 Company Director German 2 - 21 (25.0%)
Active James Dennis SURGEON 09 Jul 2022 Managing Director British 1 - 00 (0.0%)
Resigned Richard Stanley SMITH 26 Nov 2020 11 Apr 2022 Investment Advisor British 1 - 164 (23.5%)
Active Avent Catherine BEZUIDENHOUDT 21 Oct 2020 Investment Director Irish 4 - 11 (20.0%)
Active David Mark HOLLANDER 16 Jan 2020 Non-Executive Chairman British 1 - 165 (29.4%)
Resigned Selwyn Deon SCHROEDER 01 Oct 2019 08 Jun 2021 Director Australian 0 - 10 (0.0%)
Resigned Dylan Glynn JONES 27 Sep 2017 30 Jun 2019 Chief Executive British 3 - 219 (37.5%)
Resigned Andrew Seaton BIRRELL 12 Jul 2017 17 Jun 2019 Company Director British,South African 5 - 150 (0.0%)
Resigned Richard Stanley SMITH 12 May 2017 21 Oct 2020 Investment Advisor British 1 - 164 (23.5%)
Resigned David Peter PHILLIPS 12 May 2017 01 Oct 2019 Banking Australian 0 - 10 (0.0%)
Resigned Anthony Michael BLAIKLOCK 01 Jan 2013 12 May 2017 Company Director British 0 - 117 (63.6%)
Resigned Cosmo Paul Julian WISNIEWSKI 22 Dec 2009 26 Nov 2013 Director British 0 - 30 (0.0%)
Resigned Gordon Robert POWER 22 Dec 2009 12 May 2017 Director British 9 - 7334 (41.5%)
Resigned David Frank WHITEHEAD 22 Dec 2009 31 Jul 2011 Director British 0 - 42 (50.0%)
Resigned David Richard MARSH 27 Sep 2001 27 Oct 2010 Director British 0 - 41 (25.0%)
Resigned Garry MOORE 10 Dec 1998 04 Jun 2019 Engineer British 1 - 20 (0.0%)
Resigned ACCESS REGISTRARS LIMITED 10 Dec 1998 10 Dec 1998 0 - 1499596 (39.8%)
Resigned ACCESS NOMINEES LIMITED 10 Dec 1998 10 Dec 1998 0 - 1468586 (39.9%)
Number of active directors: 3
Average tenure of active directors: 3.1 years
Average tenure of resigned directors: 4.0 years
Average active director Dissolution Rate: 16.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BEACON EDUCATIONAL TRUST LIMITED (THE) (01067862) - Active
GOLDSMITH PATENT (SEVENOAKS) LIMITED (01267951) - Active - Proposal to Strike off
AQUALISA PRODUCTS LIMITED (01281596) - Active
THE ASSOCIATION OF MANUFACTURERS OF DOMESTIC APPLIANCES (01465823) - Active
HYDROCAST PRODUCTS LIMITED (02237353) - Active - Proposal to Strike off
THE VIDEO STANDARDS COUNCIL (02402805) - Active
PHOENIX PRODUCT DEVELOPMENT LIMITED (03681995) - Active
CTGI LIMITED (04519702) - Liquidation
DAVID HOLLANDER ASSOCIATES LIMITED (04755794) - Dissolved
AQUALISA GROUP LTD (05221471) - Active
AQUALISA FINANCE LTD (05221543) - Active
GAINSBOROUGH BATHROOM PRODUCTS LTD (05221544) - Active
FROM MIND TO MATTER LIMITED (06341295) - Dissolved
EARTH DIVIDEND LIMITED (06906993) - Active
EARTH CAPITAL LIMITED (06907145) - Active
AQUALISA HOLDINGS LIMITED (08317541) - Active
AQUALISA HOLDINGS (INTERNATIONAL) LIMITED (09765635) - Active
EARTH CAPITAL UK LIMITED (14729419) - Active
DYSON IRELAND LIMITED (FC030930) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

PHOENIX PRODUCT DEVELOPMENT LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


Date Title Reference Subject
2019-09-10 Mr G Moore v Phoenix Product Development Ltd [2019] UKET 3201286/2018 Unfair Dismissal

PATENTS


Title Date filed Status Publication number
Components for and methods of manufacturing toilet pan bodies and systems 2012-03-01 Granted GB2552629
Toilet Systems 2012-03-01 Granted GB2499837
Cistern bodies for toilet systems 2012-03-01 Granted GB2552752
Components for and methods of manufacturing toilet pan bodies and systems 2012-03-01 Granted GB2552753
Air pumps for systems such as toilet flush systems 2012-03-01 Granted GB2553054
Components for and methods of manufacturing toilet pan bodies and systems 2012-03-01 Granted GB2552754
Components for and methods of manufacturing toilet pan bodies and systems 2012-03-01 Granted GB2552755
Components for and methods of manufacturing toilet pan bodies and systems 2012-03-01 Granted GB2552751
Seals for connection to the underside of toilet lids or toilet seats 2012-03-01 Granted GB2553232

COMPETITORS

(Based on Sic code: 23420 Manufacture of ceramic sanitary fixtures)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
PHOENIX PRODUCT DEVELOPMENT LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.1% 1.3% 3.3% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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