PHOENIX PRODUCT DEVELOPMENT LIMITED
Company number 03681995 · Monitor this company
Executive summary
Phoenix Product Development Limited operates as a niche cleantech innovator within the UK sanitary fixtures sector, developing the water-saving Propelair system. Despite a compelling regulatory tailwind from tightening water efficiency standards and credible institutional backing from Investec and the name shown to subscribers family, the company's financial position has deteriorated markedly in 2024, with negative net assets of £(2.7M), accumulated losses of £(23.5M), and a material going concern uncertainty explicitly acknowledged by directors. After 26 years of operation without achieving sustained profitability, Phoenix remains critically dependent on investor forbearance and the successful commercialisation of new revenue streams planned for 2026 to survive.
Names are shown to subscribers. See subscription
Shareholders' funds
-£23,534,099
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1998-12-10
- Employees
- 22 (2024 accounts · was 25 in 2023)
- Registered office
- 3 Repton Court, Basildon, United Kingdom, SS13 1LN
- Postcode
- SS13 1LN
- Capital
- 325 GBP
- Accounts category
- Small
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-01-20
- Next due by
- 2027-02-03
Nature of business (SIC)
- 23420 Manufacture of ceramic sanitary fixtures
Officers 2 current · 22 resigned
Group structure 1 subsidiary
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB871112 (Tier 2), registered since 2025.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 11
| Address | Changed on |
|---|---|
| UNIT 1 WEST POINT 11 DURHAM ROAD, LAINDON, BASILDON, ESSEX, SS15 6PH, UNITED KINGDOM | 2010-08-06 |
| UNIT 1 WEST POINT, 11 DURHAM ROAD, LAINDON, BASILDON, ESSEX, SS15 6PH | 2010-07-21 |
| KNOWLEDGE DOCK, UNIVERSITY OF EAST LONDON, 4 UNIVERSITY WAY, LONDON, E16 2RD | 2010-03-30 |
| THAMES GATEWAY TECHNOLOGY, CENTRE UNIVERSITY OF EAST, LONDON 4 UNIVERSITY WAY, LONDON E16 2RD | 2007-12-19 |
| THAMES GATEWAY TECHNOLOGY, CENTRE UNIVERSITY OF EAST, LONDON 4 UNIVERSITY WAY, LONDON E16 2RD | 2007-12-19 |
| TORRINGTON HOUSE, 47 HOLYWELL HILL, ST. ALBANS, HERTFORDSHIRE AL1 1HD | 2002-11-22 |
| TORRINGTON HOUSE, 47 HOLYWELL HILL, ST. ALBANS, HERTFORDSHIRE AL1 1HD | 2002-11-22 |
| UNIT B6 DAVIDSON WAY, ROMFORD, ESSEX RM7 0AZ | 2000-09-19 |
| UNIT B6 DAVIDSON WAY, ROMFORD, ESSEX RM7 0AZ | 2000-09-19 |
| INTERNATIONAL HOUSE, 31 CHURCH ROAD, HENDON LONDON, NW4 4EB | 1998-12-18 |
| INTERNATIONAL HOUSE, 31 CHURCH ROAD, HENDON LONDON, NW4 4EB | 1998-12-18 |
Among its peers
2nd largest employer
of 39 similar companies in SS — measured against the wider sector, with 22 staff. 3rd oldest of its local peers.
The class of 1998
42%
of the 55,900 companies incorporated in 1998 are still active today; 55% have since been dissolved.
A fact about the year, not a forecast for this company.