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Portobello Developments Limited

02396998

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

Created 19/12/2014Registered 23/12/2014Satisfied 25/11/2016
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

NATIONWIDE BUILDING SOCIETY

Created 29/03/2004Registered 06/04/2004Satisfied 28/05/2011
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 29/03/2004Registered 06/04/2004Satisfied 28/05/2011
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 18/05/2001Registered 23/05/2001Satisfied 24/01/2008
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 18/05/2001Registered 23/05/2001Satisfied 28/05/2011
charge
satisfied

BARCLAYS BANK PLC

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

BARCLAYS BANK PLC

Created 30/11/1999Registered 17/12/1999Satisfied 21/02/2004
charge
satisfied

BARCLAYS BANK PLC

Created 01/11/1999Registered 09/11/1999Satisfied 23/06/2009
charge
satisfied

DUNBAR BANK PLC

Created 26/02/1999Registered 04/03/1999Satisfied 21/02/2004
charge
satisfied

CLOSE BROTHERS LIMITED

Created 01/12/1997Registered 04/12/1997Satisfied 09/12/1999
charge
satisfied

CLOSE BROTHERS LIMITED

Created 23/07/1997Registered 24/07/1997Satisfied 09/12/1999
charge
satisfied

CLOSE BROTHERS LIMITED.

Created 30/05/1991Registered 11/06/1991Satisfied 09/12/1999
charge
satisfied

CLOSE BROTHERS LIMITED

Created 07/06/1990Registered 08/06/1990Satisfied 09/12/1999
charge
satisfied

CLOSE BROTHERS LIMITED

Created 28/12/1989Registered 08/01/1990Satisfied 21/02/2004

CompanyRankvs 1078+ SIC 41100 peers
66

Financial strength93th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 24.15× · 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

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 30/09/2024

Turnover

£39k

Annual revenue

Net Worth

£1000k

Balance sheet strength

Cash

£225k

Cash in the bank

Profit Before Tax

-£16k

Bottom line earnings

Net Current Assets

£683k

Working capital

Current Assets

£712k

Current Liabilities

£29k

Fixed Assets

£350k

Debtors

£146k

Cost of Sales

£22k

Gross Profit

£18k

Admin Expenses

£60k

Operating Profit

-£61k

Profit After Tax

-£8k

3avg. employees

Tax at Year End

Dividends paid-£26k

People Costs

Wages & salaries£18k
NI contributions£124

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities£1.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
202424.15

Derived from filed accounts. Not audited figures.