Porthia Partnership Company Limited

Porthia Partnership Company Limited, based in London, UK, is a small, active company founded 10 years ago. It’s a solo founder operation with one director and one employee, holding just £222 in assets. The company operates in the retail sale via mail order houses or via internet, the specialised design activities industries.

The company’s website, httpsporthiap.com, showcases a footwear collection with a focus on design and fashion. It has participated in London Fashion Week and received nominations for footwear design awards, suggesting a focus on high-end, designer footwear. The website also hints at a broader design and creative services offering.

Financially, Porthia Partnership Company Limited is facing some challenges. Current assets have fallen dramatically, dropping 93% to just £220. Cash bank on hand has also plummeted 84%, leaving only £220. Creditors have decreased, which is good, but the significant drop in assets and cash reserves is concerning. Debtor levels are zero, which could indicate a focus on cash sales or difficulties collecting payments. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from a full audit, relying on unaudited accounts.

Overall, while Porthia Partnership Company Limited appears to be operating in a niche design market, the financial data suggests it's burning through money. The lack of cash and significant decrease in assets could indicate a need for investment or a shift in business strategy. It's a delicate situation, and the company's future will depend on its ability to generate sales and manage its finances effectively.

Registered in England/Wales under the registration number 09389805, with a registered address at SE28 0DP, England, London, 140 Whinchat Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.