Portobello Builders Limited

Portobello Builders Limited is a small, active company based in Rushden, UK, established seven years ago in 2017. With two employees and £99,362 in assets, it operates as a family business with two directors and owners, Moroney Lea and Moroney Peter. The company’s registered address is real, with only one other business registered at the same location. It’s a construction company specializing in domestic buildings. They also irregularly import art and antiques, with the last import activity recorded two months ago in July 2022.

Their website, Portobello Projects, showcases a high-end refurbishment business, offering bespoke solutions for homes. They handle all aspects of the project, from initial design to the final touches, utilizing an in-house team of skilled tradespeople including joiners, electricians, and decorators. The website highlights completed projects in London, emphasizing meticulous craftsmanship and innovative design. Testimonials from satisfied clients praise their professionalism, efficiency, and commitment to quality. A separate joinery workshop offers custom-made kitchens, wardrobes, and furniture.

Financially, Portobello Builders Limited shows a mixed picture. Current assets have decreased by 46% to £99,000, while net assets also fell by 9.9% to £130,000. Cash bank on hand has dropped significantly by 38% to £98,000. Debtors have plummeted by 96%, suggesting improved collection of payments, while creditors have decreased by 110%, a substantial reduction. Property, plant, and equipment have also decreased by 37%. 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 agility, but the decline in equity and cash reserves suggests a need for careful financial management. The accounts are unaudited and exempt from audit as a small company.

Registered in England/Wales under the registration number 10938476, with a registered address at NN10 9XG, United Kingdom, Rushden, Northants, 73 Irchester Road.

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