# PHMC 1 LIMITED (02451959)

> PHMC 1 LIMITED is an active private limited company (company number 02451959) incorporated on 13 December 1989, registered in Exeter. Its registered activity is management of real estate on a fee or contract basis (SIC 68320). Latest small accounts cover the period ending 31 March 2026, showing net assets of £7 and cash of £7, with 1 employee on average. Net assets were unchanged on the prior period. Across the last 3 periods on record the net-asset trend is flat.

- Status: Active
- Incorporated: 1989-12-13
- Registered office: Exeter, EX1 1NP
- SIC 68320: Management of real estate on a fee or contract basis
- Next accounts due: 2027-12-31
- Confirmation statement due: 2026-12-27
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 5,953 comparable companies in Other (median £247, upper quartile £12k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £7 | £7 | — | £1,015 | — | — | 1 |
| 2025-03-31 | £7 | £1,152 | £1,546 | £2,691 | — | — | 1 |
| 2024-03-31 | £7 | £7 | — | £12k | — | — | 1 |

current ratio 1.01; net assets trend flat; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £7 at 31 March 2026
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 13 December 1989

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- The Secretary Of State For Health (corporate-entity) — owns 25–50% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02451959
HTML: https://firmoscan.com/company/02451959-phmc-1-limited