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Portland Properties (North West) Limited

08783686

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

792 WILMSLOW ROAD, MANCHESTER, M20 6UG
Incorporated 20/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Lay Heng Chhung

director · Since 20/11/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 16 other boards

Persons with Significant Control

Mr Raymond Chhung

25–50% shares
25–50% votes

British · United Kingdom · Age 38

Ground Floor Office, 178 Upper Chorlton Road, Manchester, M16 7EX

Notified 06/04/2016

Mr Edmond Chhung

25–50% shares
25–50% votes

British · United Kingdom · Age 36

C/O Ground Floor Office, 178 Upper Chorlton Road, Manchester, M16 7EX

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

NEIL RICHARD BOLTON

Created 24/09/2019Registered 24/09/2019
Charge
satisfied

NEIL RICHARD BOLTON

Created 26/02/2018Registered 07/03/2018Satisfied 04/06/2019
Charge
outstanding

LLOYDS BANK PLC

Created 23/12/2016Registered 07/01/2017
Charge
outstanding

LLOYDS BANK PLC

Created 05/03/2014Registered 19/03/2014
Charge
outstanding

LLOYDS BANK PLC

Created 27/01/2014Registered 30/01/2014

CompanyRankvs 60261+ SIC 68209 peers
52

Financial strength91th percentile among SIC peers · 23/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees9/15 pts

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

Liquidity2/20 pts

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

Longevity13/15 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 28/02/2025

Net Worth

£704k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£502k

Working capital

Current Assets

£212k

Current Liabilities

£715k

1avg. employees

Balance Sheet

Bank loans & overdrafts£322k
Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30+£0
20250.30+£44k
20240.65+£48k
20230.63+£595k
20220.36-£85k
20210.20+£19k
20200.42+£14k
20190.49

Derived from filed accounts. Not audited figures.