Phoenix Systems UK Limited
Registered name: PHOENIX SYSTEMS UK LIMITED
Part of PHX Holdings Limited groupPhoenix Systems UK Limited made £15.2m revenue and £1.5m profit in the year to 28 Feb 2026.
Phoenix Systems UK Limited’s revenue grew 7% to £15.2m in the year to 28 Feb 2026, with £1.5m profit and 115 employees. The company is classified under “manufacture of loaded electronic boards” and is based in Fareham; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Fareham, South East
- Age
- 24 yrs · since 2002
- 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 | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £10.8m | £14.3m | £16.1m | £14.2m | £15.2m |
| Cost of sales | £8.2m | £11m | £12.1m | £10.6m | £10.6m |
| Gross profit | £2.6m | £3.3m | £4m | £3.6m | £4.6m |
| Operating profit | £368k | £452k | £1.4m | £950k | £1.8m |
| Profit before tax | £356k | £402k | £1.3m | £911k | £1.8m |
| Profit after tax | £272k | £340k | £1.2m | £694k | £1.5m |
| Profit (best available) | £272k | £340k | £1.2m | £694k | £1.5m |
| Staff costs | £2.7m | £3.5m | £3.7m | £3.8m | £4.1m |
| Employees (average) | 91 | 110 | 113 | 112 | 115 |
| Ratios | |||||
| Profit margin | 2.5% | 2.4% | 7.3% | 4.9% | 9.6% |
| Gross margin | 24.1% | 23.1% | 24.9% | 25.3% | 30% |
| Revenue per employee | £119k | £130k | £143k | £127k | £132k |
| Profit per employee | £3k | £3.1k | £10.5k | £6.2k | £12.7k |
| Cash conversion | 61.8% | 162.4% | — | — | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▲32% | ▲12.7% | ▼11.8% | ▲6.9% |
| Profit growth | — | ▲24.8% | ▲248.3% | ▼41.4% | ▲111.1% |
| Headcount growth | — | ▲20.9% | ▲2.7% | ▼0.9% | ▲2.7% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £214k | £217k | £455k | £417k | £199k |
| Net assets | £1.3m | £1.2m | £1.6m | £1.8m | £2.9m |
| Fixed assets | £672k | £606k | £544k | £592k | £540k |
| Current assets | £5m | £6.9m | £6.9m | £6m | £6.6m |
| Debtors | £2.1m | £3.3m | £4m | £3.4m | £4.2m |
| Deferred income | £197k | £374k | £503k | £790k | £461k |
| Cash from operations | £227k | £733k | — | — | — |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 9.6%
- Profit ÷ revenue.
- Gross margin
- 30%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £132k
- Revenue ÷ average employees.
- Profit per employee
- £12.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 27.7%
- 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
- ▲62%
- Now £2.9m
- Cash at bank
- ▼52%
- Now £199k
- Headcount
- ▲3%
- Now 115
- Deferred income
- ▼42%
- Now £461k
- Fixed assets
- ▼9%
- Now £540k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- PHX Holdings Limitedultimate parent75–100%
- Phoenix Systems UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £1.5m), from the Companies House accounts bulk data published Aug 2026. 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.