PHASE 2 LTD
Company number 08547646 · Active · Peterlee SR8 1LT
PHASE 2 LTD is an active private limited company (company number 08547646) incorporated on 29 May 2013, registered in Peterlee. Its registered activity is specialists medical practice activities (SIC 86220). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £431k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 21% on the prior period (£357k).
By net assets it sits in the top quarter of 340 comparable companies in Newcastle (median £15k, upper quartile £77k).
Key dates
- Incorporated
- 29 May 2013
- Next accounts due
- 28 February 2027 — in 132 days
- Confirmation statement due
- 12 June 2027 — in 236 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 86220
- Specialists medical practice activities
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 May 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | £431k | — | — | £113k | — | — | 1 |
| 31 May 2024 | £357k | — | — | £101k | — | — | 1 |
- Current ratio
- 4.72 — comfortable
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 84/100 (grade A)
- +10 Positive net assets — Net assets £430,672 at 2025-05-31
- +8 Net assets growing — +20.8% vs prior period
- +8 Comfortable liquidity — Current ratio 4.72
- +8 Established — Incorporated 2013-05-29 (13 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Dr Naveen Ramakrishna Mudalagiri — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016
- Mrs Malthi Mudalagiri — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Newcastle
Same activity (specialists medical practice activities), closest in incorporation date.
- G BEDFORD CONSULTANCY SERVICES LIMITED — Boldon Colliery, inc. May 2013
- SPORTS MEDICINE NORTH EAST LIMITED — Newcastle Upon Tyne, inc. Jun 2013
- AJEKIGBE HEALTH ASSOCIATES LTD — Sunderland, inc. May 2013
- AAPT ORTHOPAEDICS LIMITED — Newcastle Upon Tyne, inc. Apr 2013
- DR ISSING LTD — Newcastle Upon Tyne, inc. Jul 2013
- HUGH GRIFFITHS ASSOCIATES LTD — 54 New Bridge Street West, inc. Mar 2013
Reminders for PHASE 2 LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.