PHILLIPS & COHEN ASSOCIATES (UK) LIMITED

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

  +2.7%

  £13,178,120 → £13,534,543

• Cash

  +52.4%

  £1,894,785 → £2,887,921

• Net assets

  +5.4%

  £13,793,154 → £14,538,394

• Employees

  -1.3%

  152 → 150

• Operating profit

  +152.7%

  -£3,339,295 → £1,760,100

• Profit before tax

  -67.6%

  £3,065,714 → £993,252

• Wages

  +15.9%

  £5,682,929 → £6,588,389

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. PHILLIPS & COHEN ASSOCIATES (UK) LIMITED 2006-06-23 → present
2. ETHAN REESE LIMITED 2004-11-11 → 2006-06-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

EisnerAmper Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the balance sheet date the company had a significant cash balance and strong net current asset position. The financial forecasts prepared by the directors show that the company will be able to operate within the facilities available to it. On the basis of the above, the directors have considered it appropriate to prepare the accounts on a going concern basis.”

Group structure

1. PHILLIPS & COHEN ASSOCIATES (UK) LIMITED · parent
   1. Ardent Credit Services Limited 100% · Debt collection services
   2. Estate Resolution Technology (UK) Limited 100% · Estate administration

Significant events

• “During 2023 the company acquired Ardent Credit Services Ltd, a debt collection agency and debt purchaser based in Liverpool.”
• “In 2024, the group took a write down against the German entity's intercompany account of £0.4m. Write downs from other group entities were £0.4m. These have been shown as an exceptional administrative expense in the financial statements.”
• “On 26 March 2025, the PCA Group refinanced the business' debt and consequently the facility with Wilmington Trust was re-paid.”
• “On 6 February 2023, the company entered into an agreement with the shareholders of Ardent Credit Services Limited, to purchase the entire share capital of the company. The total consideration for the purchase was £19,836,337.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.