Phillips' UK revenue fell 22.3% in 2025 while its UK loss narrowed

Phillips' UK revenue fell 22.3% in 2025 to $34.26 million (£25.76 million), according to accounts filed with Companies House, the UK company registry. Its UK loss before tax narrowed to $14.02 million (£10.54 million) from $61.86 million. A Phillips spokesperson said the filing covers only certain parts of its international operations, not its performance as a whole.