Phildon Limited

Phildon Limited, based in London, UK, is a small, active company founded sixteen years ago in 2008. With twelve employees and £1,947,656 in assets, it operates as a regular importer of footwear and related items, having imported for 78 months—the most recent in October 01, 2024. The company is led by three directors and has one owner, Shen Jianqiang, who is also a director and the solo founder. It has a real registered address shared by only two companies.

Phildon Limited specializes in providing market intelligence and recruitment solutions for the reinsurance industry. Its website highlights a focus on connecting reinsurance companies, brokers, and service providers with outstanding talent. The company emphasizes a partnership approach, offering tailored recruitment solutions and leveraging market insights. It operates across Asia-Pacific, Europe, and has offices in Dublin, Singapore, and Hong Kong. It’s not an e-commerce business.

Financially, Phildon Limited shows a mixed picture. Current assets decreased by 16% to £1,900,000, while net assets dropped 7.9% to -£1,300,000. Cash bank on hand declined significantly by 14% to £1,100,000. Trade debtors decreased by 5.5% to £510,000, suggesting improved collection efforts. However, creditors also fell by 8.2% to £3,200,000. The company’s small size—meeting two of three conditions for a small company—helps with agility, but the negative equity is a concern. The accounts are unaudited, likely due to its status as a small company.

The company’s financial data indicates a potential struggle to maintain profitability. While it’s managing its debts, the negative equity suggests it’s burning through cash. The focus on high-value reinsurance recruitment may be a strength, but it also makes the company vulnerable to industry fluctuations. The lack of auditor information, combined with the negative equity, warrants closer scrutiny of its long-term financial health.

Registered in England/Wales under the registration number 06631073, with a registered address at EC2A 4NE, London, 83-85 Paul Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.