Portals Paper Limited
11001841
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Previously known as
Compliance
Last accounts
23/02/2025
full
Next accounts due
30/11/2026
Confirmation statement
Last: 01/09/2025
Due 15/09/2026
Industry
Officers
director · Since 29/03/2018
CHIEF EXECUTIVE OFFICER
BRITISH · UNITED KINGDOM · Age 48
Also on 4 other boards
director · Since 15/08/2024
SALES & COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 34
Former
director · Resigned 19/03/2018
director · Resigned 29/03/2018
secretary · Resigned 29/03/2018
director · Resigned 29/03/2018
director · Resigned 05/08/2019
director · Resigned 21/04/2020
director · Resigned 14/12/2021
director · Resigned 22/02/2024
director · Resigned 22/02/2024
director · Resigned 15/08/2024
Persons with Significant Control
Drewsen Spezialpapiere Gmbh & Co. Kg
Georg-Drewsen-Weg 2, Georg-Drewsen-Weg 2, Lachendorf
Reg: 100599 · Germany · Limited Company
Notified 31/12/2024
Former PSCs
De La Rue Holdings Limited
Ceased 03/01/2018
De La Rue International Limited
Ceased 29/03/2018
Portals Finance 3 Limited
Ceased 31/12/2024
Charges3 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC BANK PLC
Change History
Active
Private Limited Company
BATHFORD MILL BATHFORD HILL
BATH
CompanyRankvs 68+ SIC 17120 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors ' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncer
Key FinancialsYear ending 28/02/2026
Turnover
£4.6M
Annual revenue
Net Worth
-£4.2M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Profit Before Tax
£1.0M
Bottom line earnings
Net Current Assets
£5.8M
Working capital
Current Assets
£10.7M
Current Liabilities
£4.9M
Fixed Assets
£3.6M
Debtors
£3.7M
Cost of Sales
£13.1M
Gross Profit
£11.4M
Admin Expenses
£7.0M
Operating Profit
£3.3M
Profit After Tax
£747k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2026 | 2.17 |
Derived from filed accounts. Not audited figures.