PORT EXPRESS LIMITED
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Cash
£1.9m
-18.4% lowest in 3 filed years
Net assets
£4m
-5.9% lowest in 3 filed years
Employees
112
-13.8% lowest in 3 filed years
Profit before tax
-£332k
-153.5% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £19,101,419 | £21,006,944 | £19,494,564 | -7.2% | |
| Operating profit | £1,283,181 | £832,279 | -£81,639 | -109.8% | |
| Profit before tax | £1,064,773 | £621,174 | -£332,166 | -153.5% | |
| Net profit | £689,144 | £447,871 | -£254,192 | -156.8% | |
| Cash | £3,299,969 | £2,323,973 | £1,897,063 | -18.4% | |
| Total assets less current liabilities | £9,614,331 | £8,690,203 | £7,492,528 | -13.8% | |
| Net assets | £4,153,279 | £4,301,149 | £4,046,957 | -5.9% | |
| Equity | £4,153,279 | £4,301,149 | £4,046,957 | -5.9% | |
| Average employees | 128 | 130 | 112 | -13.8% | |
| Wages | £5,576,265 | £5,814,690 | £5,175,557 | -11% | |
| Directors' remuneration | £45,133 | £205,133 | £186,364 | -9.1% | |
| Directors' pension contributions | £39,440 | £3,496 | £2,642 | -24.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.7% | 4.0% | -0.4% | |
| Net margin | 3.6% | 2.1% | -1.3% | |
| Return on capital employed | 13.3% | 9.6% | -1.1% | |
| Gearing (liabilities / total assets) | 70.7% | 67.9% | 65.3% | |
| Current ratio | 1.40x | 1.20x | 1.07x | |
| Interest cover | 4.20x | 2.46x | -0.25x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Maynard Heady LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting”
Significant events
- “At the year end, the company had placed orders for 10 new trucks in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STUBBINGS, John Peter | Secretary | 2004-03-20 | — | British |
| HUTCHISON, Jacqueline Ann | Director | 2016-03-01 | Jul 1967 | British |
| NICHOLS, Ashley Russell | Director | 2004-03-20 | Apr 1968 | British |
| STEVENS, Kevin George | Director | 2007-02-28 | Oct 1963 | British |
| WATTS, James | Director | 2023-11-06 | Nov 1982 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORM 10 SECRETARIES FD LTD | Corporate Nominee Secretary | 2004-03-18 | 2004-03-22 |
| DAWSON, Adam Karl | Director | 2023-11-06 | 2026-08-17 |
| DAWSON, Karl Samuel James | Director | 2004-03-20 | 2024-03-26 |
| LANGDON, Alan Edward | Director | 2004-12-15 | 2007-02-28 |
| FORM 10 DIRECTORS FD LTD | Corporate Nominee Director | 2004-03-18 | 2004-03-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ashley Russell Nichols | Individual | Shares 25–50% | 2021-03-03 | Active |
| Atlantic Pacific Group Limited | Corporate entity | Shares 25–50% | 2021-03-03 | Active |
| Mr Karl Samuel James Dawson | Individual | Significant influence | 2016-04-06 | Ceased 2021-03-03 |
Filing timeline
Last 20 of 80 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-08-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-05 | AA | accounts | Accounts with accounts type full | |
| 2022-03-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-07 | AA | accounts | Accounts with accounts type full | |
| 2021-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-26 | CH01 | officers | Change person director company with change date | |
| 2021-03-25 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-03-25 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-03-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.