UK Companies House feature
PORTRAIL GROUP LIMITED
Cash
£856K
-63.1% vs 2023
Net assets
£3M
-27.7% vs 2023
Employees
33
-5.7% vs 2023
Profit before tax
£862K
+238% vs 2023
Profile
- Company number
- 09896937
- Status
- Active
- Incorporation
- 2015-12-01
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 49200
Net assets
2-year trend · vs UK Logistics & Mobility median
Accounts
2-year trend · latest 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | £255,000 | £862,000 | |
| Net profit | -£42,000 | £789,000 | |
| Cash | £2,317,000 | £856,000 | |
| Total assets less current liabilities | £7,616,000 | £8,469,000 | |
| Net assets | £4,364,000 | £3,153,000 | |
| Equity | £4,364,000 | £3,153,000 | |
| Average employees | 35 | 33 | |
| Wages | £1,913,000 | £1,771,000 |
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)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the going concern assumption when preparing these financial statements. At the balance sheet date, the Company had net current assets of £3,224k (2023: £384k restated). The directors do not consider that this presents a material risk to the Company regarding the availability of cash balances to continue operations under the normal course of business. At the year end, the Company held cash of £856k (2023: £2,317k). Since the balance sheet date, there have been no events with a material impact that require disclosure, other than those already disclosed in the accounts. Furthermore, the Company operates with a net asset position of £3,153k (2023: £4,364k restated), which is considered adequate in order to continue to pay off any liabilities or provisions as they fall due for a period of twelve months from the date of approval of the financial statements until 31 December 2026. Therefore, the Company continues to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “RFS Works Limited was acquired by JST Ports and Logistics Holdings Limited during the year. The know-how and experience of management will continue to add significant operational and strategic value to the business and the support from the hands-on investment partnership will help support the expansion of the company.”
- “Since the balance sheet date, there have been no events with a material impact that require disclosure, other than those already disclosed in the accounts.”
- “There have been no significant events affecting the company since the year end.”
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
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FLATMAN, James Alan | Director | 2025-01-15 | Oct 1969 | British |
| JENNINGS, Richard Edward | Director | 2024-12-24 | Mar 1963 | British |
| MCCARROLL, John Paul | Director | 2026-03-09 | Dec 1976 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHARALAMBOU, Liam Colm | Secretary | 2016-03-15 | 2018-01-15 |
| DANEV, Nikolay Ivanov | Secretary | 2015-12-01 | 2016-03-15 |
| ISAJ, Visar | Secretary | 2018-01-15 | 2020-02-28 |
| ATHERTON-HAM, James West | Director | 2015-12-01 | 2016-03-15 |
| BOWATER, John Ferguson | Director | 2019-08-01 | 2022-12-31 |
| BOWATER, John Ferguson | Director | 2015-12-01 | 2016-03-15 |
| FISHER, Jonathan Gareth | Director | 2016-03-15 | 2023-02-20 |
| GIFFORD, Joseph Charles | Director | 2023-02-20 | 2024-12-24 |
| HILL, Martin Victor | Director | 2016-03-15 | 2024-12-24 |
| LYONS, Garrath Malcolm | Director | 2023-01-01 | 2024-12-24 |
| PEARCE, Michael Paul | Director | 2016-03-15 | 2017-10-23 |
| PUGH, Gareth | Director | 2017-10-23 | 2024-12-24 |
| WILLSHEE, Mark Anthony | Director | 2016-03-15 | 2019-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jst Ports And Logistics Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-24 | Active |
| Aggregate Industries Uk Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2024-12-24 |
| Grs Roadstone Group Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2024-12-24 |
Filing timeline
Last 20 of 65 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-02 | AP01 | officers | appoint person director company with name date |
| 2026-03-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-12 | CERTNM | change-of-name | certificate change of name company |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-05-15 | AD01 | address | change registered office address company with date old address new address |
| 2025-04-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-01-22 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-01-15 | AP01 | officers | appoint person director company with name date |
| 2025-01-06 | TM01 | officers | termination director company with name termination date |
| 2025-01-06 | TM01 | officers | termination director company with name termination date |
| 2025-01-06 | TM01 | officers | termination director company with name termination date |
| 2025-01-06 | TM01 | officers | termination director company with name termination date |
| 2025-01-06 | AP01 | officers | appoint person director company with name date |
| 2025-01-06 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-01-06 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-01-06 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-12-27 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-10-12 | AA | accounts | accounts with accounts type full |
| 2024-04-10 | PSC05 | persons-with-significant-control | change to a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
1.63
GREY ZONE
Altman Z″
- Working capital / Total assets 0.167 × 6.56 = +1.09
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.049 × 6.72 = +0.33
- Book equity / Total liabilities 0.195 × 1.05 = +0.20
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