UK Companies House feature
PORTICO SHIPPING LIMITED
Cash
£492K
-71.2% vs 2024
Net assets
£5M
+0.7% vs 2024
Employees
168
-4% vs 2024
Profit before tax
£38K
-80.3% vs 2024
Profile
- Company number
- 02012886
- Status
- Active
- Incorporation
- 1986-04-22
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 52101
Net assets
4-year trend · vs UK Logistics & Mobility median
PORTICO SHIPPING LIMITED
PORTICO SHIPPING LIMITED
PORTICO SHIPPING LIMITED
PORTICO SHIPPING LIMITED
Accounts
4-year trend · latest 2025-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | £194,753 | £38,273 | |
| Net profit | — | — | £194,753 | £38,273 | |
| Cash | — | — | £1,705,857 | £491,601 | |
| Total assets less current liabilities | — | — | £19,966,978 | £18,063,372 | |
| Net assets | — | — | £5,435,661 | £5,473,934 | |
| Equity | — | — | £5,435,661 | £5,473,934 | |
| Average employees | — | — | 175 | 168 | |
| Wages | — | — | £6,789,004 | £7,255,409 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Fiander ETL
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, which assumes the company will continue to trade. During the financial year the company had the support of its ultimate parent entity, Portsmouth City Council through the provision of finance. The directors have a reasonable belief that funds will be available from the parent company for continued investment in the company.”
Significant events
- “Portico has also looked to diversify its business operation as a whole, and the company is in the process of restructuring, which will see the creation of subsidiary companies and a holding company.”
- “On 30 June 2025 100% of the share capital of Portico Shipping Limited was transferred from Portsmouth City Council to Portico Holdings Limited, in exchange for 100% of the share capital in Portico Holdings Limited.”
- “On 1 July 2025 some of the trade and assets of Portico Shipping Limited were transferred into separate trading entities; Portico Port Services Limited and Portico Logistics Limited. The 3 trading entities are immediately owned and controlled by Portico Holdings Limited.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| POWELL, Shakira Verity | Secretary | 2020-05-01 | — | — |
| ATKIN, Justin Lee | Director | 2021-12-10 | Feb 1971 | British |
| CARLBOM FLINN, Camilla Edwina | Director | 2021-12-10 | Jan 1968 | Swedish |
| LEWIS, Richard Charles | Director | 2022-04-01 | Jul 1964 | British |
| WEBB, Mark Stuart | Director | 2022-04-01 | Jan 1979 | British |
| WILLIAMS, Stephen | Director | 2017-10-06 | Jul 1961 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LANE, Michael John | Secretary | 2017-07-28 | 2020-04-30 |
| MACLURE, Timothy John | Secretary | 1998-06-17 | 2004-11-02 |
| NORRIS, Clare Louise | Secretary | 2004-11-02 | 2005-03-22 |
| SCATTERGOOD, Donald | Secretary | — | 1998-06-17 |
| SMITH, Andrew Timothy | Secretary | 2005-03-22 | 2006-04-28 |
| TATE, Paul Richard | Secretary | 2006-06-01 | 2008-02-29 |
| WILLCOX, Mark Robin | Secretary | 2008-02-29 | 2017-07-28 |
| BOOTHMAN, Clive Nicholas | Director | 2004-12-17 | 2006-06-05 |
| BOOTHMAN, John Campbell | Director | 2004-11-02 | 2006-06-30 |
| BOSHER, Simon John | Director | 2022-04-01 | 2023-11-01 |
| CHING, Roger Patrick | Director | 2008-02-29 | 2011-08-31 |
| DOWLING, Benjamin Thanh Liem | Director | 2018-06-25 | 2019-07-02 |
| EAMES, Harry Charles | Director | — | 2001-12-31 |
| HOLT, Simon Graham | Director | 2006-01-23 | 2006-06-30 |
| HOUGH, Timothy John Denham | Director | — | 2000-06-30 |
| JONES, Donna, Councillor | Director | 2018-03-01 | 2021-04-27 |
| LANE, Michael John | Director | 2018-12-01 | 2020-04-30 |
| MARTIN, Janet Lynne | Director | — | 2006-06-30 |
| NORMAN, Roger Brouard | Director | — | 2004-11-02 |
| NORRIS, Clare Louise | Director | 2001-05-01 | 2005-03-22 |
| NORRIS, Robert Melville | Director | — | 1993-09-06 |
| O'NIELL, Anthony Timothy John | Director | 2007-07-30 | 2008-02-29 |
| PUTMAN, Martin Stephen | Director | 2008-02-29 | 2016-10-28 |
| SELLERS, Michael Andrew | Director | 2016-12-05 | 2022-07-13 |
| SMITH, Andrew Timothy | Director | 2005-03-22 | 2006-04-28 |
| TATE, Paul Richard | Director | 2007-07-30 | 2008-02-29 |
| VERNON-JACKSON, Robert Gerald Van Cortlandt | Director | 2019-11-22 | 2024-02-10 |
| WALTON, Ian Harrison Cameron | Director | 2004-11-02 | 2007-07-30 |
| WARD, Christopher | Director | 2011-08-31 | 2022-07-01 |
| WILKES, Michael John, Sir | Director | 2006-06-05 | 2007-07-30 |
| WILLCOX, Mark Robin | Director | 2008-02-29 | 2017-07-28 |
| WILLSON, Andrew David | Director | 1998-08-27 | 2002-07-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Portico Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2024-11-19 | Active |
| Mr Michael John Lane | Individual | Significant influence | 2017-07-01 | Ceased 2020-04-30 |
| Mr Mike Sellers | Individual | Significant influence | 2016-12-05 | Ceased 2021-07-25 |
| Mr Mark Robin Willcox | Individual | Significant influence | 2016-08-01 | Ceased 2017-07-27 |
| Mr Christopher Ward | Individual | Significant influence | 2016-08-01 | Ceased 2017-04-08 |
| Mr Martin Stephen Putman | Individual | Significant influence | 2016-08-01 | Ceased 2016-11-06 |
| Portsmouth City Council | Corporate entity | Shares 75–100%, Voting 75–100%, voting-rights-25-to-50-percent-as-firm, Appoints directors, significant-influence-or-control-as-firm | 2016-04-07 | Ceased 2024-11-19 |
Filing timeline
Last 20 of 223 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-18 | AA | accounts | accounts with accounts type full |
| 2025-08-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-02 | AA | accounts | accounts with accounts type full |
| 2024-11-26 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-11-19 | AD01 | address | change registered office address company with date old address new address |
| 2024-11-19 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-11-19 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-07-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-02-19 | TM01 | officers | termination director company with name termination date |
| 2024-01-14 | AA | accounts | accounts with accounts type full |
| 2023-11-13 | TM01 | officers | termination director company with name termination date |
| 2023-08-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-15 | CH01 | officers | change person director company with change date |
| 2023-01-06 | AA | accounts | accounts with accounts type full |
| 2022-11-07 | CH03 | officers | change person secretary company with change date |
| 2022-08-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-07-15 | TM01 | officers | termination director company with name termination date |
| 2022-07-06 | TM01 | officers | termination director company with name termination date |
| 2022-05-23 | RP04AP01 | officers | second filing of director appointment with name |
| 2022-05-10 | RP04AP01 | officers | second filing of director appointment with name |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
1.45
GREY ZONE
Altman Z″
- Working capital / Total assets 0.148 × 6.56 = +0.97
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.026 × 6.72 = +0.17
- Book equity / Total liabilities 0.287 × 1.05 = +0.30
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.