Portland & Co (uk) Ltd

Portland & Co (UK) Ltd, based in Newark, UK, is a small, active company founded nine years ago in 2015. It employs three people and holds £112,554 in assets. With a real address and two directors, alongside one owner who is also the solo founder, it’s a relatively compact operation. The company operates in a diverse range of industries, including furniture sales, mail order retail, and management consultancy.

The company's website, while not providing detailed e-commerce specifics, suggests a focus on B2B services. It seems to act as an agent for various products and offers management consultancy. It's not immediately clear if they have a direct-to-consumer online store, but their presence indicates a focus on connecting businesses with products and services.

Financially, Portland & Co (UK) Ltd presents a mixed picture. Net assets have decreased significantly, dropping by 23% to £98,000. Cash reserves have also declined, falling 29% to £32,000. Trade debtors have fallen by 14%, suggesting better management of customer payments. However, creditors have increased by 3.2%, and other creditors have risen dramatically by 130%, which could indicate increased expenses or supplier costs. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Portland & Co (UK) Ltd appears to be navigating a period of financial adjustment. While its diverse business activities and established presence suggest resilience, the declining equity and rising expenses warrant close monitoring.

Registered in England/Wales under the registration number 09802144, with a registered address at NG23 6PF, England, Newark, Holly House Farm 8 Main Street, Sutton-On-Trent.

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