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Port Brae Wealth Management Limited

12109891

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

42 Bridge Street, Berwick-Upon-Tweed, Northumberland, TD15 1AQ
Incorporated 18/07/2019

Previously known as

Port Brae Holdings Limited · until 12/12/2019
Port Brae Management Limited · until 05/09/2019

Compliance

Last accounts

30/11/2025

total exemption full

Next accounts due

31/08/2027

On track

Confirmation statement

Last: 17/07/2026

Due 31/07/2027

On track

Industry

66110
Administration of financial markets

Officers

Mr Michael Edward Cornish

director · Since 18/07/2019

FINANCIAL ADVISER

BRITISH · UNITED KINGDOM · Age 42

Mr Mark Edward Mcgonigle

director · Since 18/07/2019

FINANCIAL ADVISER

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Mr Michael Patrick Mcgovern

director · Since 18/07/2019

DIRECTOR/FINANCIAL ADVISER

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Michael Edward Cornish

director · Since 18/07/2019

British · United Kingdom · Age 42

Mark Edward Mcgonigle

director · Since 18/07/2019

British · United Kingdom · Age 44

Michael Patrick Mcgovern

director · Since 18/07/2019

British · United Kingdom · Age 57

Persons with Significant Control

Port Brae Associates Ltd

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

42, Bridge Street, Berwick-Upon-Tweed, TD15 1AQ

Reg: 15047796 · Companies House · Private Limited Company

Notified 04/01/2024

Former PSCs

Mr Michael Edward Cornish

Ceased 27/11/2019

Mr Mark Edward Mcgonigle

Ceased 14/07/2021

Mr Michael Patrick Mcgovern

Ceased 14/07/2021

The Mcgonigle Group Ltd

Ceased 04/01/2024

Valdres Holdings Limited

Ceased 04/01/2024

Change History

statusactive
2026-08-14

Active

typeltd
2026-08-14

Private Limited Company

address line142 Bridge Street
2026-08-14

42 BRIDGE STREET

post townNorthumberland
2026-08-14

NORTHUMBERLAND

officer appointedCORNISH, Michael Edward
2026-08-14
officer appointedMCGONIGLE, Mark Edward
2026-08-14
officer appointedMCGOVERN, Michael Patrick
2026-08-14

CompanyRankvs 363+ SIC 66110 peers
58

Financial strength92th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 pts

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

Liquidity0/20 pts

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

Longevity7/15 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 30/11/2025

Net Worth

£431k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£431k

Working capital

Current Assets

£431k

Current Liabilities

Debtors

£424k

3avg. employees

Balance Sheet

Assets less current liabilities£431k
Signed by Mr Michael Cornish 28/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£1
202445.22+£41k
20230.77

Derived from filed accounts. Not audited figures.