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Portland Properties (North West) Limited

08783686

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

Initial Business Centre, Unit 7, Wilson Business Park, Manchester, M40 8WN
Incorporated 20/11/2013

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 28/08/2025

Due 11/09/2026

On track

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

Lay Heng Chhung

director · Since 20/11/2013

British · England · Age 69

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

Charges6 outstanding

A registered charge
outstanding

CHARLES STREET COMMERCIAL INVESTMENTS LIMITED

Created 28/07/2026Registered 11/08/2026
A registered charge
outstanding

CHARLES STREET COMMERCIAL INVESTMENTS LIMITED

Created 28/07/2026Registered 05/08/2026
Charge
outstanding

NEIL RICHARD BOLTON

Created 24/09/2019Registered 24/09/2019
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

Change History

officer appointed → CHHUNG, Lay Heng
2026-08-17
status → active
2026-08-17

Active

type → ltd
2026-08-17

Private Limited Company

address line1 → Initial Business Centre
2026-08-17

792 WILMSLOW ROAD

post town → Manchester
2026-08-17

MANCHESTER

postcode → M40 8WN
2026-08-17

M20 6UG

CompanyRankvs 61191+ 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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61191Portland Properties (North West) Limited
61
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—

Derived from filed accounts. Not audited figures.