Portview Fit-out Limited

Portview Fit-Out Limited, a large holding company, has been an active presence in the construction industry for nearly half a century. Established in 05 September 1975, the Belfast-based firm employs 130 people and boasts impressive assets of £31.3 million. With an annual revenue of £73.9 million, Portview operates from a real address and is overseen by seven directors and a single owner. The company enjoys a stellar 5.0-star Google rating based on 23 reviews, a testament to its reputation.

Primarily, Portview specializes in interior fit-out services, catering to sectors like sports and entertainment, commercial office spaces, prime residential properties, and luxury retail. The company’s website highlights its expertise in creating "extraordinary experiences" and emphasizes its 50 years of experience. It’s clear that Portview positions itself as a partner, not just a contractor, with a focus on delivering high-quality, bespoke solutions. They regularly import furniture, lighting, and prefabricated buildings—eight months worth of activity—and occasionally export these same items, with two months of export activity.

Financially, Portview’s recent performance presents a mixed picture. While turnover increased by 36%, reaching £74 million, cash reserves decreased by 31% to £11 million. Bank borrowings were eliminated entirely, a positive sign, but creditors increased by 43%, suggesting a need to manage short-term liabilities. Net assets decreased by 40% to £12 million. Despite these challenges, the company’s strong revenue growth and the continued demand for its services indicate underlying strength. The lack of a mention of an auditor suggests the company is exempt from external auditing, relying on unaudited financial statements.

The company's growth in administrative expenses by 19% is a point to note, but the increase in director remuneration and benefits by 59% is a significant change. The company's ability to maintain its high Google rating and secure repeat business will be key to navigating these financial pressures.

Registered in Northern Ireland under the registration number NI010862, with a registered address at BT7 3GZ, 46 Florenceville Avenue, Belfast.

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