The Firmwatch take
Phigold UK PLC is a 9-year-old mining and quarrying, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show -GBP 863k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
21 September 2016
9 years on the register
Sector
Mining of metal ores
SIC 07290 · matched to division
Size
Not classified
Net assets
−£863k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Money
What the balance sheet says
Net assets
−£863k
Bottom 10% in sector · sector median £3k · 3,042 filers in this sector
Cash
Not disclosed
Working cap.
£6.4m
Median £11k
Current ratio
6.2×
Median 1.6×
Signals · 1
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Sector benchmark · Mining and Quarrying
How this company compares in 3,042 filers in this sector
Bottom 10% in sector — Phigold UK PLC shows −£863k in net assets. Sector median is £3k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Address pattern · NW11 0DH
769 other UK companies registered at this postcode.
Active
729
Dissolved
20
Strike-off action
18
People
Who runs this company
- MG
MIZRAHI, Gerard Isaac
director · since 2016
Registered office
Address intelligence
769 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.