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Portland Wire Products Limited

02931796

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

997 LONDON ROAD, DERBY, DE24 8PX
Incorporated 23/05/1994

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/05/2025

Due 21/05/2026

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Matthew Oliver Lee

director · Since 12/04/2024

CEO

BRITISH · ENGLAND · Age 33

Also on 12 other boards

Mr Kevin Gerald Mcguigan

director · Since 12/04/2024

CFO

BRITISH,IRISH · ENGLAND · Age 49

Also on 19 other boards

Persons with Significant Control

Pwp Properties Ltd

75–100% shares
75–100% votes
Appoint directors

997 London Road, Alvaston, Derby, DE24 8PX

Reg: 07791108 · England & Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BEI SECURITY TRUSTEE LIMITED

Created 16/04/2024Registered 17/04/2024
Charge
outstanding

IGF BUSINESS CREDIT LIMITED

Created 12/04/2024Registered 15/04/2024
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 07/02/2003Registered 19/02/2003Satisfied 01/12/2011
charge
satisfied

BARCLAYS BANK PLC

Created 12/12/1996Registered 20/12/1996Satisfied 01/12/2011

CompanyRankvs 1088+ SIC 25990 peers
68

Financial strength74th percentile among SIC peers · 19/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£309k

Balance sheet strength

Cash

£181k

Cash in the bank

Net Current Assets

£293k

Working capital

Current Assets

£495k

Current Liabilities

£202k

Fixed Assets

£21k

Debtors

£291k

4avg. employees

Tax at Year End

Corp tax£16k

Balance Sheet

Assets less current liabilities£315k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.45+£46k
20241.84+£65k
20231.70+£58k
20221.45+£79k
20211.24+£6k
20207.27

Derived from filed accounts. Not audited figures.