PHELAN CONSTRUCTION LIMITED

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +3%

  £10,334,881 → £10,648,477

• Cash

  +17.7%

  £1,961,899 → £2,308,992

• Net assets

  +35.8%

  £956,577 → £1,299,129

• Employees

  -9.4%

  32 → 29

• Operating profit

  +31.2%

  £516,975 → £678,409

• Profit before tax

  +356.7%

  £75,006 → £342,552

• Wages

  -0.9%

  £1,663,044 → £1,648,859

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. PHELAN CONSTRUCTION LIMITED 1996-08-28 → present
2. LYTA LIMITED 1987-07-15 → 1996-08-28

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PHELAN CONSTRUCTION LIMITED · parent
   1. Haven Development and Property Limited 100% · England and Wales · Property Development

Significant events

• “Phelan Construction Limited entered into a company voluntary arrangement on the 17th January 2020 after obtaining approval from their creditors.”
• “The company officially completed the CVA in April 2025.”
• “Subsequent to the year end on 16th April 2025 the CVA was officially terminated.”
• “Post year-end the remaining investment properties were sold.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.