Company Number: 13951225

Analysis Date: 2025-07-29 15:25 UTC

1. Risk Rating: LOW
   Reardon Port Consulting Limited demonstrates a solid liquidity position and positive net assets with no indication of overdue filings or insolvency concerns. The company is micro-sized with modest but stable financials, and both directors are actively involved with clear control.

2. Key Concerns:

• Declining net assets: Net assets decreased from £16,338 in 2024 to £10,694 in 2025, indicating some erosion of equity which should be monitored.
• Limited asset base: The company holds no fixed assets as of 2025, which may limit operational leverage or collateral for financing.
• Lack of profit and loss data: The absence of published profit and loss statements restricts detailed assessment of operational performance and sustainability.

3. Positive Indicators:

• Strong working capital: Net current assets remain positive (£10,694 in 2025), demonstrating ability to meet short-term liabilities.
• Compliance: No overdue account or confirmation statement filings, indicating good regulatory compliance and governance.
• Stable management and control: Directors and persons with significant control are long-standing and resident locally, reducing governance risk.

4. Due Diligence Notes:

• Obtain profit and loss data or management accounts to analyze revenue trends, profitability, and cash flow generation.
• Investigate reasons behind decline in net assets and verify if it is due to operational losses, distributions, or other factors.
• Confirm the nature of current assets (cash, receivables, inventory) to assess liquidity quality.
• Review director conduct records and any related party transactions given the directors’ significant control.