Port Brae Wealth Management Limited
12109891
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/07/2019
FINANCIAL ADVISER
BRITISH · UNITED KINGDOM · Age 42
director · Since 18/07/2019
FINANCIAL ADVISER
BRITISH · UNITED KINGDOM · Age 44
Also on 1 other board
director · Since 18/07/2019
DIRECTOR/FINANCIAL ADVISER
BRITISH · UNITED KINGDOM · Age 56
Also on 3 other boards
Persons with Significant Control
Port Brae Associates Ltd
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
CompanyRankvs 106+ SIC 66110 peers78
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Net Worth
£431k
Balance sheet strength
Cash
£26k
Cash in the bank
Net Current Assets
£431k
Working capital
Current Assets
£441k
Current Liabilities
£10k
Fixed Assets
£993k
Debtors
£415k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 45.22 | +£41k |
| 2023 | 0.77 | +£187k |
| 2022 | 0.89 | +£86k |
| 2021 | 0.79 | — |
Derived from filed accounts. Not audited figures.