Portobello International Ltd

Portobello International Ltd is a small, active company based in London, UK, founded five years ago in 1999. With 47 employees and £929,788 in assets, it operates from a virtual address, a common situation for smaller businesses. The company is led by a single director and owner, Omerbeyoglu Emre, who also serves as the solo founder. It regularly imports jewelry, precious stones, and metals—a consistent activity spanning 41 months, with the latest import occurring in January 2025.

The company's activities encompass the wholesale of watches and jewelry, as well as retail sales through specialized stores. While no website is available to analyze, this suggests a business-to-business model or reliance on external marketplaces.

Financially, Portobello International Ltd presents a mixed picture. While current assets increased by a healthy 70% to £930,000, net assets also grew by 16% to £360,000. Bank borrowings decreased by 31%, a positive sign, but trade debtors increased significantly by 130%, which could indicate challenges in collecting payments. The company's size—meeting two of three criteria for a small company—allows for flexibility, but the increase in trade debtors warrants attention. Depreciation charges for plant machinery increased by 41%, which may reflect investments in equipment. The company’s unaudited accounts, prepared using FRS 102, rely on director-reported data, and there is no auditor mentioned.

Overall, Portobello International Ltd appears to be navigating a period of growth, but the increase in outstanding debts should be monitored closely. The company’s focus on importing high-value goods like jewelry and precious stones likely contributes to its financial profile, and its solo founder structure may influence its management style.

Registered in England/Wales under the registration number 12061553, with a registered address at E17 6BU, England, London, Unit Da2 Sutherland House, 43 Sutherland Road.

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