Portico Designs Limited

Portico Designs Ltd from Bath, UK, is a small, active company founded sixteen years ago in 2008. With fifteen employees and £2,280,654 in assets, it’s a modest operation led by two directors and one owner. The company has a real address and is a regular importer and exporter of paper and paperboard products, with 193 months of import activity and 105 months of export activity recorded.

The company operates in the non-specialised wholesale trade industries. It’s a small company, meeting two of three criteria: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. Its website is non-existent, so it’s unclear if it operates an e-commerce site or relies solely on wholesale channels.

Financially, Portico Designs Ltd shows a mixed picture. Cash reserves have increased significantly, up 200% to £620,000, which is good news. However, net assets have also increased by 54%, reaching £400,000. Bank borrowings have also increased by 14%, reaching £320,000. Creditors have increased by 12%, reaching £1.9 million. Trade debtors have increased slightly, up 1.1% to £1.2 million. The company's financial data suggests it's managing its current assets well, but the increase in bank borrowings and creditors could indicate it’s investing in growth or facing tighter margins.

The company’s increased cash reserves are a positive sign, but the rise in debt suggests it may be burning through money faster than it’s generating revenue. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited, which is standard for companies of this size. Overall, Portico Designs Ltd appears to be a stable, if somewhat stretched, operation, navigating the challenges of the wholesale trade industry.

Registered in England/Wales under the registration number 06655392, with a registered address at BA1 2AB, England, Bath, 6 Kingsmead Square.

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