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Port Brae Associates Ltd

15047796

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

42 BRIDGE STREET, BERWICK-UPON-TWEED, TD15 1AQ
Incorporated 03/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66110
Administration of financial markets

Officers

Rory Joseph Graham

director · Since 03/08/2023

FINANCIAL ADVISER

BRITISH · SCOTLAND · Age 32

Mr Michael Edward Cornish

director · Since 04/09/2023

FINANCIAL ADVISER

BRITISH · UNITED KINGDOM · Age 42

Mr Mark Edward Mcgonigle

director · Since 04/01/2024

FINANCIAL ADVISER

BRITISH · UNITED KINGDOM · Age 44

Mr Michael Patrick Mcgovern

director · Since 04/01/2024

DIRECTOR/FINANCIAL ADVISER

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Persons with Significant Control

Former PSCs

Rory Joseph Graham

Ceased 04/01/2024

CompanyRankvs 397+ SIC 66110 peers
58

Financial strength90th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.5× · 2/20
Longevity3 years trading (max 15) · 3/15
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.

Employees15/15 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.

Longevity3/15 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 30/11/2024

Net Worth

£231k

Balance sheet strength

Cash

£126k

Cash in the bank

Net Current Assets

-£301k

Working capital

Current Assets

£296k

Current Liabilities

£598k

Fixed Assets

£2.3M

Debtors

£170k

10avg. employees

Balance Sheet

Intangible assets£71k
Assets less current liabilities£2.0M
Signed by 15047796 2023-08-03 2024-11-30 15047796 2024-11-30 15047796 core:CurrentFinancialInstruments 2024-11-30 15047796 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20240.50

Derived from filed accounts. Not audited figures.