Portman Stone Limited

Portman Stone Limited, based in Bournemouth, UK, is a small, active company founded fifteen years ago in 2009. With fifteen employees and £285,239 in assets, it’s a family-run business led by two directors and a single owner—the solo founder. The company holds a stellar 5.0 Google rating from 113 reviews, a testament to its customer service. Portman Stone regularly imports iron or steel products, with seven months of import activity recorded, the last operation in November 2022.

The company operates in the agents involved in the sale of furniture, household goods, hardware, and ironmongery, specializing in granite and quartz worktops. Its website showcases a wide range of materials—quartz, porcelain, sintered stone, natural stone, and recycled glass—and offers services like kitchen worktops, outdoor kitchens, and bespoke table tops. The site also highlights its expertise in restoration and repair, even offering a “blue light discount.” It's clear that Portman Stone is aiming to be a one-stop shop for all things stone.

Financially, Portman Stone’s recent performance presents a mixed picture. Current assets have fallen by 44%, dropping to £290,000, while net assets remain steady at £410,000. Bank borrowings have increased, but cash reserves have also risen by 15% to £34,000. Trade debtors have plummeted, suggesting improved cash flow management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in current assets could indicate a need to manage working capital more closely. The accounts are unaudited, which is common for small companies exempt from an audit.

Overall, Portman Stone appears to be a well-regarded business navigating the challenges of a competitive market. The company’s focus on quality and customer service, combined with its wide range of products and services, positions it well for continued success—though a closer eye on current assets would be advisable.

Registered in England/Wales under the registration number 07076548, with a registered address at BH8 8EZ, England, Bournemouth, Dorset, C/O Nrs Accountants, Ground Floor Avalon 26-32 Oxford Road.

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