Phoenix Marine Solutions Ltd
Financial Statements
For the period ended 1 December 2024
Pages for Filing with Registrar
Company Registration No. SC213617 (Scotland)
Phoenix Marine Solutions Ltd
Company Information
Directors
M Kirkwood
(Appointed 24 July 2025)
S J Gardner
(Appointed 24 July 2025)
Company number
SC213617
Registered office
95 Westburn Drive
Cambuslang
Glasgow
South Lanarkshire
G72 7NA
Auditor
Moore Kingston Smith LLP
The Shipping Building
The Old Vinyl Factory
Blyth Road
Hayes
London
UB3 1HA
Phoenix Marine Solutions Ltd
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
Phoenix Marine Solutions Ltd
Balance Sheet
As at 1 December 2024
Page 1
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
29,130
29,130
Net current assets
29,130
29,130
Capital and reserves
Called up share capital
4
1
1
Share premium account
33,894
33,894
Profit and loss reserves
(4,765)
(4,765)
Total equity
29,130
29,130
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 22 August 2025 and are signed on its behalf by:
M Kirkwood
Director
Company Registration No. SC213617
Phoenix Marine Solutions Ltd
Notes to the Financial Statements
For the period ended 1 December 2024
Page 2
1
Accounting policies
Company information
Phoenix Marine Solutions Ltd is a private company limited by shares incorporated in Scotland. The registered office is 95 Westburn Drive, Cambuslang, Glasgow, South Lanarkshire, G72 7NA.
1.1
Accounting convention
These financial statements have been prepared in accordance with Section 1A FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
The trade and assets of the company were transferred to the immediate parent company, A.B. 2000 Limited, at the start of the financial period ending 2 December 2018 and as a result, the company has not traded during this financial period. true
The company has a positive balance sheet and therefore the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2
Employees
The average number of employees during the period was 0 (2023 - 0).
3
Debtors
2024
2023
Amounts falling due after more than one year:
£
£
Amounts owed by group undertakings
29,130
29,130
4
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
5
Audit report information
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
Phoenix Marine Solutions Ltd
Notes to the Financial Statements (Continued)
For the period ended 1 December 2024
5
Audit report information
(Continued)
Page 3
Senior Statutory Auditor:
Karen Wardell
Statutory Auditor:
Moore Kingston Smith LLP
6
Events after the reporting date
On 24 July 2025 the Quattro Group disposed of AB2000 and its subsidiaries in a management buyout to Kirkner Holdings Ltd that forms part of a sector-led separation, allowing both businesses to re-focus and specialise in their respective core industries.
7
Parent company
The company's immediate parent undertaking is Aqurate Handling Limited (formerly Phoenix Weights Limited), a company incorporated in Scotland.
At the balance sheet date the company's ultimate parent undertaking is Quattro Group Limited, Greenway Court, Canning Road, Stratford, London, E15 3ND.
The largest and smallest group of undertakings for which group accounts are drawn up and filed is headed by Quattro Group Limited. The group accounts are available from the company's registered office.
At the balance sheet date the company's ultimate controlling party is J J Murphy by virtue of his majority shareholding in the ultimate parent company.
From 24 July 2025 the ultimate parent undertaking is Kirkner Holdings Ltd. The registered office is 95 Westburn Drive, Cambuslang, Glasgow, Scotland, G72 7NA. The company was incorporated in Scotland.