Portico Shipping Limited

Portico Shipping Ltd, based in Portsmouth, UK, is a large, holding company with an active status. Established 39 years ago in 1986, it employs 190 people and holds assets totaling £12,116,434. The company, managed by six directors and owned by Portico Holdings Ltd, maintains a real address and boasts a solid 4.0 Google rating from 190 reviews. It’s a regular importer of edible fruits and nuts, having imported for 83 months, with the latest operation in January 2025. It’s also an irregular exporter of optical and medical tools, with just one month of export activity recorded in October 2023.

The company's website paints a picture of a deep-water cargo terminal strategically located near main shipping channels. Portico Shipping handles sea freight from ship to shore, offering services including stevedoring, warehousing, and associated services. It specializes in fresh produce, including bananas, and boasts temperature-controlled warehousing capacity. The site highlights its ability to handle various types of cargo, from project cargo to break bulk, and even offers customs agency and freight forwarding services. The terminal also has a vessel schedule and news section, keeping customers informed of operations.

Financially, Portico Shipping Ltd shows a mixed bag. Current assets increased by 15%, reaching £12,000,000, while net assets remained steady at £5,400,000. Bank borrowings decreased by 20%, to £2,200,000, and cash reserves rose by 9%, to £1,700,000. Creditors increased by 25%, reaching £7,300,000, which could indicate increased trade or extended payment terms. The company’s size (meeting two of three criteria for a large company) suggests a stable operation, but the increased creditors raise questions. The company's financial statements were audited by Fiander Tovell Limited. The company’s turnover increased by 56%, to £5,000,000, which is a positive sign.

Registered in England/Wales under the registration number 02012886, with a registered address at PO1 4QY, United Kingdom, Portsmouth, Hampshire, Portico House, 2 Prospect Road.

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