Portland Bunkers Uk Limited

Portland Bunkers Uk Limited, based in Weybridge, UK, is a small, active company established nine years ago. With thirteen employees and £653,657 in assets, it operates from a virtual address—a detail flagged by the presence of 143 other companies registered at the same location. The business is led by two directors and one owner, Escott Simon, and is classified as a private limited company. It’s involved in the other professional, scientific and technical activities n.e.c. industries.

The company’s operations are split between importing and exporting. It regularly imports electrical machinery and equipment, with three months of import activity recorded, the last in January 2025. Conversely, it exports machinery, boilers, and mechanical appliances—parts, though less frequently, with just one month of export activity noted as of September 2024. The company also runs a fuel supplier in Castletown, England.

Financially, Portland Bunkers Uk Limited presents a mixed picture. Current assets have decreased by 17% to £650,000, while net assets have fallen by 17% to £310,000. Bank cash reserves have taken a significant hit, dropping 32% to £380,000. Trade debtors have increased by 18%, suggesting a possible reliance on customer payments, and creditors have decreased by 13%, indicating improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble, but the decline in equity is a point of concern. The financial statements are abridged, unaudited, and prepared under the historical cost convention. No auditor is mentioned, which is typical for a small, exempt company.

The company’s financial data also shows that the average number of employees during the period increased by 7.7% to fourteen. Depreciation impairment property plant equipment increased by 11.0% to £220,000.

Overall, Portland Bunkers Uk Limited appears to be navigating a period of financial adjustment. While it maintains a relatively lean operation, the decrease in equity and cash reserves warrants careful monitoring.

Registered in England/Wales under the registration number 09764074, with a registered address at KT13 9DZ, United Kingdom, Weybridge, Surrey, Beacon House, South Road.

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