Back to search

Portland Commercial Lettings Ltd

13947891

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

42-44 PORTLAND STREET, WALSALL, WS2 8AA
Incorporated 01/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mohammed Asif

director · Since 01/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Mr Aisan-Ul-Haq Fazal

director · Since 01/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Mohammed Asif

25–50% shares
25–50% votes

British · United Kingdom · Age 49

42-44, Portland Street, Walsall, WS2 8AA

Notified 01/03/2022

Mr Aisan-Ul-Haq Fazal

25–50% shares
25–50% votes

British · England · Age 46

42-44, Portland Street, Walsall, WS2 8AA

Notified 01/03/2022

Charges4 outstanding

Charge
outstanding

HABIB BANK ZURICH PLC

Created 27/11/2023Registered 30/11/2023
Charge
outstanding

HABIB BANK ZURICH PLC

Created 27/11/2023Registered 30/11/2023
Charge
outstanding

HABIB BANK ZURICH PLC

Created 27/11/2023Registered 29/11/2023
Charge
outstanding

HABIB BANK ZURICH PLC

Created 27/11/2023Registered 29/11/2023

CompanyRankvs 179294+ SIC 68209 peers
34

Financial strength65th percentile among SIC peers · 16/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
179294Portland Commercial Lettings Ltd
40
How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

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

Liquidity6/20 pts

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

Longevity4/15 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 31/03/2025

Net Worth

£21k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£176k

Working capital

Current Assets

£216k

Current Liabilities

£392k

Fixed Assets

£377k

0avg. employees

Balance Sheet

Assets less current liabilities£200k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.55+£2k
20240.56+£6k
20230.07—

Derived from filed accounts. Not audited figures.