Portmeirion Shops Limited

Portmeirion Shops Ltd from Penrhyndeudraeth UK: a small, active company founded 51 years ago, employs 57 people, and holds £514,661 in assets. It’s a family business with four directors and two owners, boasting a respectable Google rating of 4.0 based on 27 reviews. The company regularly imports various textile products, sets, used clothing, and rags, with its most recent import operation occurring in June 2024.

The business operates a comprehensive online store, Portmeirion Online, offering a diverse range of products, from homeware and gifts to beauty items and baby goods. It’s clear the company caters to a wide audience, with sections dedicated to Father’s Day, food and drink, The Prisoner (a nod to the iconic Welsh TV series), and beauty products. The website’s design is clean and user-friendly, with a focus on high-quality images and detailed product descriptions. It’s evident that Portmeirion Shops Ltd is more than just a retailer; it’s a curator of unique and stylish goods.

Financially, Portmeirion Shops Ltd presents a mixed picture. While cash bank on hand increased dramatically by 1,900% to £30,000, current assets also rose by 15% to £510,000. However, net assets grew by a more modest 10% to £600,000. Debtors decreased significantly by 80%, which could indicate improved collection efforts, but creditors remained stable at £310,000. The number of employees increased by 14% to 65, which may reflect growing demand or expansion into new areas. It’s worth noting that the company is classified as small, meeting two of three conditions for size—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and therefore, the accounts are unaudited.

Overall, Portmeirion Shops Ltd appears to be financially stable, but the increase in employees and the relatively high level of creditors suggest that the company is actively investing in its business. The company’s long history, family ownership, and strong online presence position it well for continued success, though it's important to monitor the trends in debtors and creditors to ensure sustainable growth.

Registered in England/Wales under the registration number 01162086, with a registered address at LL48 6ER, Penrhyndeudraeth, Gwynedd, Accounts Office, Portmeiron Minffordd.

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