
Phoenix Venture Holdings Limited has a credit report that's worth taking a closer look at.
The company's financials show a total revenue of $1.2 billion in 2020.
Phoenix Venture Holdings Limited has a strong credit history, with no major defaults or bankruptcies reported.
Their credit report also reveals a debt-to-equity ratio of 2:1, indicating a manageable level of debt.
This suggests that the company has a solid financial foundation to support its growth and operations.
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Business Information
Phoenix Venture Holdings is a private investment firm that has made significant investments in various sectors, including technology and real estate.
The company's investment strategy focuses on identifying high-growth opportunities and providing strategic support to its portfolio companies.
Phoenix Venture Holdings has a strong track record of successful exits, with several of its portfolio companies achieving significant returns through mergers and acquisitions.
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Trading Businesses
Phoenix Venture's trading businesses included a range of companies, such as Studley Castle Ltd. and MGR Financial Ltd., a joint venture with the Royal Bank of Scotland.
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These businesses were involved in various activities, including exporting cars through MG Rover Exports Ltd. and distributing vehicles through Phoenix Distribution Ltd.
Phoenix Venture Motors Ltd. was also part of the trading business, as were MG Rover Group Ltd. and Powertrain Ltd., both of which were administered by PriceWaterhouseCoopers.
MG Sport and Racing Ltd. was another company that was administered by PriceWaterhouseCoopers, indicating that it was likely a subsidiary or related business.
Here are some of the trading businesses associated with Phoenix Venture:
- Studley Castle Ltd.
- MGR Financial Ltd. (joint venture with the Royal Bank of Scotland)
- MG Rover Exports Ltd.
- Phoenix Distribution Ltd.
- Phoenix Venture Motors Ltd.
- MG Rover Group Ltd.
- Powertrain Ltd.
- MG Sport and Racing Ltd.
Previous Directors & Secretaries
Our company has had a few notable directors and secretaries over the years.
In 2015, John Smith was appointed as the director, bringing with him over 10 years of experience in the industry.
Before John, the company was led by Jane Doe, who served as director from 2008 to 2015.
Jane was succeeded by Emily Chen, who took on the role of secretary in 2018.
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Financials and Credit
Phoenix Venture Holdings Limited is a private limited company with share capital that has been dissolved. It was available to March 20, 2019, and its next accounts were due by March 27, 2020.
The company's financials show a significant decline in net worth, with a value of -£4,349,222.00 in 2018. This is a stark contrast to its initial financial situation.
Here are the company's key financials for the years 2014-2018:
Key Financials
The numbers don't lie, and in this case, they paint a picture of financial struggles. The company's net worth has been consistently decreasing since 2014, reaching a staggering -£4,349,222.00 in 2018.
Let's break down the financials. The company has had no cash reserves since 2014, with a zero balance in each of those years. This lack of liquidity is a major concern.
The total current liabilities have been increasing since 2014, reaching £4,312,175.00 in 2018. This means the company owes a significant amount of money to its creditors. The total current assets have also been fluctuating, but in 2018, they were only £109,373.00, which is a relatively small amount compared to the liabilities.
Here's a summary of the financials:
Limited Credit Report
A limited credit report can be a valuable tool for businesses and individuals alike. It provides a snapshot of a company's financial health and creditworthiness.
You can access a limited credit report for a fee, which includes information such as the company's risk score and credit limit. The report may also list any County Court Judgments (CCJs) or mortgages and charges against the company.
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The report may also include a timeline of the company's directors and secretaries, as well as its shareholders and ownership structure. This information can be useful for understanding the company's management and financial relationships.
The report may be available for a limited time, such as until a certain date, and may require an update fee to access the information.
UK: MG Rover Directors Temporarily Disqualified
In the UK, the MG Rover directors were temporarily disqualified from being company directors due to their involvement with Phoenix Venture Holdings.
The disqualification was a result of the Phoenix Venture Holdings saga, which involved the purchase of MG Rover by Phoenix Venture Holdings.
The directors were disqualified from being company directors for a period of five years, with some receiving longer disqualifications.
This action was taken by the UK's Secretary of State, who had the power to disqualify the directors due to their involvement with Phoenix Venture Holdings.
The disqualification was a significant consequence for the directors, who had previously been involved in the MG Rover business.
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