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Portobello Developments Limited

02396998

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

FIRST FLOOR RADIUS HOUSE, WATFORD, WD17 1HP
Incorporated 20/06/1989

Compliance

Last accounts

30/09/2025

small

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 10/11/2025

Due 24/11/2026

On track

Industry

41100
Development of building projects

Officers

Mr Ivo Laurence George Hesmondhalgh

secretary · Since 20/06/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 53 other boards

Mr Ivo Laurence George Hesmondhalgh

director · Since 20/06/1992

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 69

Also on 53 other boards

Mr David John George Royds

director · Since 08/03/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 5 other boards

Richard Dominic Claydon

director · Since 01/10/2004

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 72

Also on 4 other boards

Persons with Significant Control

Mr David John George Royds

25–50% shares
25–50% votes

British · England · Age 66

20, Mallord Street, London, SW3 6DU

Notified 01/07/2022

Charges1 outstanding

Charge
satisfied

PHILIP IMISON

Created 26/03/2019Registered 28/03/2019Satisfied 29/05/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/02/2019Registered 05/02/2019
Charge
satisfied

DAVID MARK JOHN GEORGE ROYDS

Created 23/01/2019Registered 29/01/2019Satisfied 29/05/2024
Charge
satisfied

IVO LAURENCE GEORGE HESMONDHALGH · SERENA KATHERINE BEATRICE HESMONDHALGH · MARI HESMONDHALGH

Created 23/01/2019Registered 29/01/2019Satisfied 29/05/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 14/11/2016Registered 15/11/2016Satisfied 29/05/2024
charge
satisfied

CLOSE BROTHERS LIMITED (THE BANK)

Created 18/11/2011Registered 22/11/2011Satisfied 29/05/2024
charge
satisfied

CLOSE BROTHERS LIMITED

Created 14/07/2011Registered 16/07/2011Satisfied 29/05/2024
charge
satisfied

CLOSE BROTHERS LIMITED

Created 01/07/2011Registered 06/07/2011Satisfied 29/05/2024
charge
satisfied

CLOSE BROTHERS LIMITED

Created 25/06/2009Registered 26/06/2009Satisfied 29/05/2024
charge
satisfied

BARCLAYS BANK PLC

Created 17/12/1999Registered 18/12/1999Satisfied 29/05/2024

CompanyRankvs 1065+ SIC 41100 peers
66

Financial strength93th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 25.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company 's accounting policies . 2.2 Going concern The financial statements have been prepared on the going concern basis. The directors have reviewed the Company's financial position and its ability to continue as a going concern. Based on current

Key FinancialsYear ending 30/09/2025

Net Worth

£904k

Balance sheet strength

Cash

£137k

Cash in the bank

Net Current Assets

£554k

Working capital

Current Assets

£577k

Current Liabilities

£22k

Fixed Assets

£350k

Debtors

£65k

Profit After Tax

-£95k

3avg. employees

Tax at Year End(2024)

Dividends paid-£26k

People Costs(2024)

Wages & salaries£18k
NI contributions£124

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities£904k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
202525.73-£95k
202424.15

Derived from filed accounts. Not audited figures.