Back to search

Portman Asset Finance Limited

06226530

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

PROSPECT HOUSE, NORWICH, NR1 1RE
Incorporated 25/04/2007

Compliance

Last accounts

30/09/2023

total exemption full

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 19/07/2024

Due 02/08/2025

Overdue

Industry

64999
Other financial service activities

Officers

Mr Alex Denis Winch Read

director · Since 25/04/2007

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Portman Finance Group Ltd

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

Portman House, 300 Pavilion Drive, Northampton, NN4 7YE

Reg: 12507558 · Register Of Companies · Limited Company

Notified 30/04/2021

Former PSCs

Mr Alex Dennis Winch Read

Ceased 13/07/2022

Mrs Georgianna Mary Read

Ceased 30/04/2021

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/06/2014Registered 24/06/2014Satisfied 13/11/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/07/2012Registered 13/07/2012Satisfied 13/11/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/05/2012Registered 01/06/2012Satisfied 06/12/2024
charge
satisfied

EASTERN CREDIT LIMITED

Created 14/03/2010Registered 18/03/2010Satisfied 15/05/2012

CompanyRankvs 15+ SIC 64999 peers
50

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.71× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

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

Key FinancialsYear ending 30/09/2023

Net Worth

£3.6M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Net Current Assets

£2.9M

Working capital

Current Assets

£4.6M

Current Liabilities

£1.7M

Fixed Assets

£668k

Debtors

£2.6M

38avg. employees+1

Balance Sheet

Intangible assets£52k
Assets less current liabilities£3.6M
Signed by Mr A Read 24 June 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.71-£1.4M
20225.41-£65k
20215.21+£1.8M
20203.44+£1.1M
20192.56-£1.2M
20182.56

Derived from filed accounts. Not audited figures.