Porritts & Spencer Limited
00134606
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 27/07/2025
Due 10/08/2026
Industry
Officers
director · Since 01/12/2016
VP CONTROLLER EMEA APAC
BRITISH · ENGLAND · Age 59
Also on 14 other boards
director · Since 20/11/2024
LAWYER
AMERICAN · UNITED STATES · Age 49
Also on 1 other board
secretary · Since 20/11/2024
Former
director · Resigned 15/10/1993
director · Resigned 07/12/1995
secretary · Resigned 14/10/1996
director · Resigned 31/03/1997
director · Resigned 21/10/1997
director · Resigned 30/09/1999
secretary · Resigned 30/09/1999
director · Resigned 30/09/1999
director · Resigned 06/08/2001
director · Resigned 18/01/2002
director · Resigned 31/03/2002
director · Resigned 24/01/2003
director · Resigned 24/01/2003
director · Resigned 13/10/2003
director · Resigned 01/06/2005
secretary · Resigned 23/12/2005
director · Resigned 29/11/2006
director · Resigned 31/05/2007
director · Resigned 31/03/2010
director · Resigned 18/08/2010
secretary · Resigned 31/03/2012
director · Resigned 31/03/2012
secretary · Resigned 07/09/2012
director · Resigned 30/04/2016
secretary · Resigned 03/11/2016
director · Resigned 12/12/2016
director · Resigned 01/10/2018
director · Resigned 15/04/2021
secretary · Resigned 26/04/2021
director · Resigned 31/03/2022
director · Resigned 14/12/2022
secretary · Resigned 30/11/2023
director · Resigned 02/02/2024
secretary · Resigned 20/11/2024
director · Resigned 20/11/2024
Persons with Significant Control
Mativ Holdings, Inc
100, North Point Center East, Alpharetta
Reg: 2518211 · Delaware, Usa · Public Limited Company
Notified 29/10/2021
Former PSCs
Scapa Group Limited
Ceased 29/10/2021
Change History
Active
Private Limited Company
MANCHESTER ROAD
MANCHESTER
CompanyRankvs 447+ SIC 74990 peers73
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
£52.3M
Balance sheet strength
Cash
£4k
Cash in the bank
Profit Before Tax
-£8.1M
Bottom line earnings
Net Current Assets
£20.6M
Working capital
Current Assets
£21.0M
Current Liabilities
£386k
Debtors
£21.0M
Admin Expenses
£75k
Operating Profit
-£3.5M
Profit After Tax
-£4.1M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 54.37 | -£40.1M |
| 2023 | 51.96 | — |
Derived from filed accounts. Not audited figures.