PHOENIX STORES LTD
Opportunity 55/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2023-03-31 | 2022-03-31 |
|---|---|---|
| Total assets | £-5.1k | £423 |
| Current assets | £55.7k | £20.5k |
| Net assets | £-47.8k | £-47.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Corporate timeline (27 events)Click to expand
- 2024-07-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-14➖VADLAMUDI, Harini resigneddirector
- 2024-03-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-04-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-01📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-03-01📄gazette-notice-compulsorygazette · GAZ1
- 2021-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-08➖BODASINGU, Praveen Kumar resigneddirector
- 2021-08-13➕BODASINGU, Praveen Kumar appointeddirector
- 2021-08-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-08-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-08-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-08-13📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-04➖GOGINENI, Jagan resigneddirector
- 2020-01-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-04-02➖KODALI, Anusha resigneddirector
- 2015-03-09🏢Company incorporatedAs PHOENIX STORES LTD
- 2015-03-09➕VADLAMUDI, Harish appointeddirector
- 2015-03-09➕GOGINENI, Jagan appointeddirector
- 2015-03-09➕KODALI, Anusha appointeddirector
- 2015-03-09➕VADLAMUDI, Harini appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
2 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2024-12-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-07-31
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Harish Vadlamudi Individual · Indian · DOB 06/1985 · age 41 | — | — | board controlboard control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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10 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (1 active · 4 resigned)
Click a director name to see their full track record across all companies.