Phoenix Eye Ltd
Registered name: PHOENIX EYE LTD
Part of Danieli Group Limited groupPhoenix Eye Ltd made £1.9m revenue and £1.6m profit in the year to 30 Apr 2024.
Phoenix Eye Ltd’s revenue fell 81% to £1.9m in the year to 30 Apr 2024, with £1.6m profit. The company is classified under “security systems service activities” and is based in Newcastle Upon Tyne; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 19 yrs · since 2007
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.3m | £10m | £1.9m |
| Cost of sales | £11.2m | £6.3m | −£1.5m |
| Gross profit | £4.1m | £3.7m | £446k |
| Operating profit | £993k | £2m | £29.8k |
| Profit before tax | £948k | £1.2m | £1.6m |
| Profit after tax | £742k | £1.2m | £1.6m |
| Profit (best available) | £742k | £1.2m | £1.6m |
| Staff costs | £12.5m | £7.7m | — |
| Employees (average) | 791 | 422 | — |
| Ratios | |||
| Profit margin | 4.9% | 12.2% | 83% |
| Gross margin | 26.7% | 37.3% | 23.3% |
| Revenue per employee | £19.3k | £23.7k | — |
| Profit per employee | £939 | £2.9k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼34.5% | ▼80.8% |
| Profit growth | — | ▲64.3% | ▲30.5% |
| Headcount growth | — | ▼46.7% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £0 | £125 | — |
| Net assets | £729k | £1.6m | — |
| Fixed assets | £985k | £882k | — |
| Current assets | £6.9m | £8.4m | — |
| Debtors | £1.7m | £1.3m | — |
| Deferred income | £340k | £109k | — |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | Accounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 83%
- Profit ÷ revenue.
- Gross margin
- 23.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Danieli Group Limitedultimate parent75–100%
- Phoenix FM Services Limited75–100%
- Phoenix Eye Ltdthis 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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- Profit
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- Staff
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- Clipfine Security LimitedLondon · Security systems service activities
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- Profit
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Sources
Latest figures from accounts for the year to 30 Apr 2024 (profit £1.6m), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.