Founded in 1997, Philex Electronic, classified under reg no. 03391238 is an active company. Currently registered at Philex House MK42 0NX, Bedford the company has been in the business for 27 years. Its financial year was closed on Sun, 31st Mar and its latest financial statement was filed on Thursday 31st March 2022.
Currently there are 6 directors in the the company, namely Amjad B., Malcolm P. and Cyrus S. and others. In addition one secretary - Hilary P. - is with the firm. Currently there are several former directors listed by the company. In addition, the company lists several former secretaries. The full list of both former directors and former secretaries might be found in the box below.
| Office Address | Philex House |
| Office Address2 | Kingfisher Wharf London Road |
| Town | Bedford |
| Post code | MK42 0NX |
| Country of origin | United Kingdom |
| Registration Number | 03391238 |
| Date of Incorporation | Tue, 24th Jun 1997 |
| Industry | Wholesale of electronic and telecommunications equipment and parts |
| End of financial Year | 31st March |
| Company age | 27 years old |
| Account next due date | Sun, 31st Dec 2023 (120 days after) |
| Account last made up date | Thu, 31st Mar 2022 |
| Next confirmation statement due date | Mon, 8th Jul 2024 (2024-07-08) |
| Last confirmation statement dated | Sat, 24th Jun 2023 |
Position: Director
Appointed: 01 April 2023
Position: Director
Appointed: 01 April 2023
Position: Director
Appointed: 01 April 2023
Position: Director
Appointed: 10 June 2021
Position: Secretary
Appointed: 01 February 2007
Position: Director
Appointed: 10 December 2002
Position: Director
Appointed: 01 August 2000
The list of persons with significant control who own or have control over the company consists of 1 name. As we researched, there is Philex Limited from Bedford, England. The abovementioned PSC is categorised as "a limited company" and has 75,01-100% shares. The abovementioned PSC and has 75,01-100% shares.
Philex Limited
Philex House Kingfisher Wharf London Road, Bedford, MK42 0NX, England
| Legal authority | Companies Act |
| Legal form | Limited Company |
| Country registered | England |
| Place registered | England |
| Registration number | 01629476 |
| Notified on | 1 August 2016 |
| Nature of control: |
75,01-100% shares |
| Profit & Loss | ||||
|---|---|---|---|---|
| Accounts Information Date | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 |
| Balance Sheet | ||||
| Cash Bank On Hand | 1 141 889 | 389 172 | 711 379 | 13 116 |
| Current Assets | 9 264 051 | 12 742 338 | 15 296 002 | 11 266 706 |
| Debtors | 4 628 739 | 6 490 036 | 6 460 976 | 3 087 211 |
| Net Assets Liabilities | 2 745 090 | 3 738 337 | 5 130 355 | 908 645 |
| Other Debtors | 91 | 32 193 | 61 144 | 75 254 |
| Property Plant Equipment | 195 996 | 183 372 | 216 565 | 177 324 |
| Total Inventories | 3 493 423 | 5 863 130 | 9 333 647 | |
| Other | ||||
| Audit Fees Expenses | 11 200 | 20 550 | 19 485 | 22 000 |
| Other Non-audit Services Fees | 4 650 | 2 675 | 3 650 | |
| Taxation Compliance Services Fees | 1 300 | 1 350 | 1 875 | 1 375 |
| Accrued Liabilities Deferred Income | 474 330 | 706 465 | 653 037 | 627 275 |
| Accumulated Amortisation Impairment Intangible Assets | 1 769 799 | 1 842 396 | 1 063 746 | 1 108 206 |
| Accumulated Depreciation Impairment Property Plant Equipment | 1 787 848 | 1 845 469 | 1 330 696 | 1 380 999 |
| Additions Other Than Through Business Combinations Intangible Assets | 1 711 | 1 598 | ||
| Additions Other Than Through Business Combinations Property Plant Equipment | 81 234 | 11 062 | ||
| Administrative Expenses | 3 434 732 | 3 951 303 | 4 785 992 | 4 877 913 |
| Amortisation Expense Intangible Assets | 4 576 | 2 839 | 62 169 | |
| Amounts Owed By Group Undertakings | 612 586 | 747 391 | 1 788 361 | 645 187 |
| Amounts Owed To Group Undertakings | 20 247 | 287 629 | 1 691 081 | |
| Average Number Employees During Period | 54 | 57 | 58 | 57 |
| Bank Borrowings | 1 037 031 | 1 800 573 | 2 781 415 | 2 346 509 |
| Bank Borrowings Overdrafts | 1 156 936 | 1 895 993 | 3 130 859 | 2 346 509 |
| Bank Overdrafts | 119 905 | 95 420 | 349 444 | |
| Comprehensive Income Expense | 57 442 | 993 247 | 1 742 018 | -4 221 710 |
| Corporation Tax Payable | 24 188 | 181 326 | 91 991 | 7 542 |
| Cost Sales | 15 409 017 | 19 859 727 | 21 645 933 | 21 951 931 |
| Creditors | 7 119 704 | 9 531 539 | 11 856 710 | 10 757 540 |
| Current Tax For Period | 24 188 | 157 138 | 14 358 | |
| Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | 1 225 | 43 234 | ||
| Depreciation Expense Property Plant Equipment | 43 783 | 57 621 | 47 456 | |
| Dividends Paid | 350 000 | |||
| Dividends Paid On Shares Final | 350 000 | |||
| Finished Goods Goods For Resale | 5 863 130 | 9 333 647 | 8 166 379 | |
| Fixed Assets | 623 395 | 551 415 | 525 522 | 443 938 |
| Further Item Tax Increase Decrease Component Adjusting Items | 13 785 | 43 234 | ||
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 254 098 | 296 160 | ||
| Gain Loss On Disposals Intangible Assets | -120 | |||
| Government Grant Income | 33 629 | |||
| Gross Profit Loss | 3 544 838 | 5 111 598 | 5 363 911 | |
| Increase Decrease In Current Tax From Adjustment For Prior Periods | -24 188 | -95 059 | -6 816 | |
| Increase From Amortisation Charge For Year Intangible Assets | 72 597 | 62 169 | 44 460 | |
| Increase From Depreciation Charge For Year Property Plant Equipment | 57 621 | 47 456 | 50 303 | |
| Intangible Assets | 427 399 | 368 043 | 308 957 | 266 614 |
| Intangible Assets Gross Cost | 2 197 198 | 2 210 439 | 1 372 703 | 1 374 820 |
| Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings | 52 726 | 75 405 | ||
| Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts | 7 963 | |||
| Interest Payable Similar Charges Finance Costs | 69 039 | 52 726 | 83 368 | 235 306 |
| Key Management Personnel Compensation Total | 348 335 | 348 534 | 393 987 | 383 835 |
| Net Current Assets Liabilities | 2 144 347 | 3 210 799 | 3 439 292 | 509 166 |
| Operating Profit Loss | 145 766 | 1 204 336 | 577 919 | |
| Other Creditors | 381 585 | 391 400 | 3 901 751 | 2 961 686 |
| Other Disposals Decrease In Amortisation Impairment Intangible Assets | 840 819 | |||
| Other Disposals Decrease In Depreciation Impairment Property Plant Equipment | 562 231 | |||
| Other Disposals Intangible Assets | 840 819 | |||
| Other Disposals Property Plant Equipment | 562 816 | |||
| Other Operating Income Format1 | 35 660 | 44 041 | 1 210 000 | |
| Other Taxation Social Security Payable | 89 948 | 77 896 | 1 002 899 | 897 730 |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 32 073 | 31 458 | 33 337 | 33 073 |
| Prepayments Accrued Income | 222 311 | 282 078 | 252 843 | 97 304 |
| Profit Loss | 57 442 | 993 247 | 532 018 | -4 221 710 |
| Profit Loss On Ordinary Activities Before Tax | 76 727 | 1 151 610 | 1 704 551 | -4 228 526 |
| Property Plant Equipment Gross Cost | 1 983 844 | 2 028 841 | 1 547 261 | 1 558 323 |
| Social Security Costs | 170 519 | 172 599 | 224 591 | |
| Staff Costs Employee Benefits Expense | 1 958 579 | 1 930 497 | 2 366 627 | 2 304 513 |
| Taxation Including Deferred Taxation Balance Sheet Subtotal | 23 877 | 44 459 | 44 459 | |
| Tax Decrease From Utilisation Tax Losses | 235 163 | -235 162 | ||
| Tax Expense Credit Applicable Tax Rate | 14 578 | 218 806 | 93 965 | -803 420 |
| Tax Increase Decrease Arising From Group Relief Tax Reconciliation | -49 287 | 82 211 | ||
| Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit | -1 978 | -88 136 | ||
| Tax Increase Decrease From Effect Capital Allowances Depreciation | 16 155 | 13 785 | -13 025 | 5 207 |
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 229 | 12 459 | 8 732 | |
| Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward | 472 108 | |||
| Tax Increase Decrease From Other Short-term Timing Differences | 1 225 | 43 234 | ||
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | 19 285 | 158 363 | -37 467 | -6 816 |
| Total Assets Less Current Liabilities | 2 767 742 | 3 762 214 | 5 174 814 | 953 104 |
| Total Borrowings | 4 061 653 | 1 895 993 | 3 130 859 | 2 346 509 |
| Total Current Tax Expense Credit | 157 138 | -80 701 | -6 816 | |
| Trade Creditors Trade Payables | 1 874 810 | 2 826 441 | 3 076 173 | 2 225 717 |
| Trade Debtors Trade Receivables | 3 696 175 | 5 292 505 | 4 358 628 | 2 269 466 |
| Turnover Revenue | 18 953 855 | 24 971 325 | 27 009 844 | |
| Wages Salaries | 1 755 987 | 1 726 440 | 2 108 699 | 2 054 961 |
| Company Contributions To Defined Benefit Plans Directors | 2 735 | 3 632 | ||
| Director Remuneration | 345 799 | 390 355 | 379 872 | |
| Director Remuneration Benefits Including Payments To Third Parties | 348 534 | 393 987 | 383 835 | |
| Auditing Accounts Associates Fees | 3 150 | 3 300 | ||
| Additional Provisions Increase From New Provisions Recognised | 1 225 | |||
| Applicable Tax Rate | 19 | 19 | ||
| Further Item Interest Expense Component Total Interest Expense | 62 112 | 52 726 | ||
| Further Operating Expense Item Component Total Operating Expenses | -203 750 | -413 386 | ||
| Merchandise | 3 493 423 | 5 863 130 | ||
| Number Shares Issued Fully Paid | 1 000 | |||
| Other Deferred Tax Expense Credit | -4 903 | 1 225 | ||
| Par Value Share | 1 | |||
| Provisions | 22 652 | 23 877 | ||
| Provisions For Liabilities Balance Sheet Subtotal | 22 652 | 23 877 | ||
| Total Additions Including From Business Combinations Intangible Assets | 13 241 | |||
| Total Additions Including From Business Combinations Property Plant Equipment | 44 997 | |||
| Total Operating Lease Payments | 210 231 | 186 061 | ||
| Type | Category | Free download | |
|---|---|---|---|
| AA |
Full accounts data made up to Friday 31st March 2023 filed on: 29th, December 2023 |
accounts | Free Download (31 pages) |
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