# PHILLIPS ENGINEERING (WALES) LIMITED (04975791)

> PHILLIPS ENGINEERING (WALES) LIMITED is an active private limited company (company number 04975791) incorporated on 25 November 2003, registered in Bridgend. Its registered activity is manufacture of other general-purpose machinery n.e.c. (SIC 28290). Latest small accounts cover the period ending 31 December 2025, showing net assets of £405k and cash of £130k, with 11 employees on average. Net assets fell 1% on the prior period (£408k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2003-11-25
- Registered office: Bridgend, CF32 9SZ
- SIC 28290: Manufacture of other general-purpose machinery n.e.c.
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-12-09
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 757 comparable companies in the UK (median £21k, upper quartile £297k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £405k | £130k | £163k | £133k | — | — | 11 |
| 2024-12-31 | £408k | £99k | £185k | — | — | — | 11 |
| 2023-12-31 | £459k | £134k | £197k | — | — | — | 12 |

current ratio 2.3; net assets trend falling; size band micro.

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

- Net assets above zero: Net assets £404,725 at 31 December 2025
- Current assets at least 1.5× creditors within one year: Current ratio 2.3
- Cash at bank of £50,000 or more: Cash £130,227
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 25 November 2003

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

## Persons with significant control

- Mrs Rhian Phillips — owns 25–50% of shares, since 2016-04-06
- Neil John Phillips — owns 25–50% of shares; holds 75–100% of voting rights; can appoint or remove directors, 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/04975791
HTML: https://firmoscan.com/company/04975791-phillips-engineering-wales-limited