Portsand Limited
- Active
- Small
- Holding
- 13 years
- 9 employees
- £1,057,412 (cur assets)
- 1m-15m
- Regular importer
- Real address
- 1 director
- 2 owners
- North Shields
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Portsand Limited is a small, active holding company based in North Shields, UK. Established thirteen years ago in March 2012, the company employs nine people and holds assets valued at £856,736. It operates a real address and is overseen by one director and two owners. The business runs an e-commerce site and regularly imports optical and medical tools and devices, with 108 months of import activity recorded.
The company’s core business involves operating within the other human health activities industries. It’s a holding company, suggesting it may own or control other businesses, though specifics aren’t detailed in the report. The company is a small entity, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
Financially, Portsand Limited shows some concerning trends. Accumulated depreciation on motor vehicles decreased by 15%, which could indicate less investment in this area, but computer equipment depreciation increased by 15%. Bank borrowings decreased by 53%, which is a positive sign, but cash reserves increased by only 5%. Creditors decreased by 46%, which could be a good sign of better debt management. Trade debtors decreased by 12%, which could indicate slower customer payments.
The company’s financial data suggests it’s navigating a period of change. While cash reserves are healthy, the decrease in net assets—down 8%—and the increase in bank borrowings—up 48%—could be cause for concern. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited, and rely on director-reported data.
Registered in England/Wales under the registration number 07996580, with a registered address at NE29 7SN, North Shields, Tyne And Wear, Unit 8 Orion Business Park.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- 9 years
- 25%+
-
Resident of Germany
-
Individual
- 9 years
- 4
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2025-03-31Download 10 pages pdf report
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Confirmation statement made on 2025-03-19 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 10 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Portsand Limited
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