Portland Stone Firms Limited

Portland Stone Firms Ltd, based in Dorchester, UK, is a holding company with an active status, celebrating 31 years since its founding in 1994. The company employs 69 people and holds assets valued at £2,904,655. Despite a registered address, sixteen other companies are registered at the same location, raising questions about its virtual nature. Led by three directors and owned by five individuals, Portland Stone Firms Ltd operates as a family business, boasting a respectable Google rating of 4.0 based on seven reviews.

The company’s core business revolves around quarrying ornamental and building stone, limestone, gypsum, chalk, and slate – a heritage dating back millions of years. Its website showcases Portland stone as a globally recognized material, used in iconic buildings worldwide. Portland Stone Firms Ltd acts as a regular importer, with its top import category being machinery, boilers, and mechanical appliances; parts, totaling 15 months of imports. The last import operation was conducted on January 01, 2025. It's also a regular exporter, with its top export categories including Stone, plaster, cement, and similar material products, totaling 3 of months exports. The last export operation took place on May 01, 2021.

Financially, Portland Stone Firms Ltd shows some concerning trends. Cash reserves plummeted 70% to £200,000, and net assets decreased by 5.7% to £8.8 million. Average employee numbers also fell by 14% to 59. While creditors decreased by 11%, suggesting improved debt management, a significant 9.5% increase in debtors points to potential issues with customer payments. The company's retained earnings and accumulated losses experienced a 90% decrease, indicating a substantial loss for the year. Despite these challenges, the company’s fixed assets remained relatively stable, increasing by a small 0.43%. The lack of an auditor mentioned suggests the company is exempt from a formal audit, relying on unaudited financial statements.

Overall, Portland Stone Firms Ltd appears to be navigating a period of financial strain, despite its established brand and heritage. The company's long history and family ownership may provide resilience, but addressing the declining cash flow and managing customer payments will be crucial for its future success.

Registered in England/Wales under the registration number 02912016, with a registered address at DT1 3AQ, United Kingdom, Dorchester, Wadebridge House 16 Wadebridge Square, Poundbury.

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