PORTAL CONSTRUCTION NW LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-04 (in 6mo)
Last made up 2025-10-21
Watchouts
Cash
£1M
+16.5% vs 2023
Net assets
£9M
+1.4% vs 2023
Employees
16
-11.1% vs 2023
Profit before tax
£168K
-91.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £25,958,075 | £23,600,168 | |
| Operating profit | — | — | — | — | — | £2,049,554 | £171,906 | |
| Profit before tax | — | — | — | — | — | £2,043,134 | £167,812 | |
| Net profit | — | — | — | — | — | £1,191,096 | £117,200 | |
| Cash | — | — | — | — | — | £1,204,399 | £1,403,636 | |
| Total assets less current liabilities | — | — | — | — | — | £8,643,351 | £8,760,551 | |
| Net assets | — | — | — | — | — | £8,643,351 | £8,760,551 | |
| Equity | £9,411,112 | £10,381,791 | — | — | — | £8,643,351 | £8,760,551 | |
| Average employees | — | — | — | — | — | 18 | 16 | |
| Wages | — | — | — | — | — | £2,632,808 | £3,431,413 | |
| Directors' remuneration | — | — | — | — | — | £1,983,891 | £2,867,401 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-9.1%
£25,958,075 £23,600,168
-
Cash
+16.5%
£1,204,399 £1,403,636
-
Net assets
+1.4%
£8,643,351 £8,760,551
-
Employees
-11.1%
18 16
-
Operating profit
-91.6%
£2,049,554 £171,906
-
Profit before tax
-91.8%
£2,043,134 £167,812
-
Wages
+30.3%
£2,632,808 £3,431,413
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 7.9% | 0.7% | |
| Net margin | — | — | — | — | — | 4.6% | 0.5% | |
| Return on capital employed | — | — | — | — | — | 23.7% | 2.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 25.5% | 44.9% | |
| Current ratio | — | — | — | — | — | 3.60x | 2.10x | |
| Interest cover | — | — | — | — | — | 319.25x | 28.20x |
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
- Afford Bond Holdings Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “In 2024 the company made contributions of £nil (2023: £436,775) to a newly created trust to allow the trust to acquire an interest in the equity of the company for the benefit of current and future employees.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDREWS, Georgia Sheila May | Secretary | 2021-12-09 | — | — |
| ANDREWS, Alexandrea Sheila May | Director | 2020-05-15 | Dec 1966 | British |
| ANDREWS, Nigel Alan | Director | 2012-04-09 | Apr 1963 | British |
| POCHIN, Jonathan Camm | Director | 2017-10-30 | Apr 1969 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEDWELL, Jacqueline Anne | Secretary | 2010-04-15 | 2021-12-09 |
| KAHAN, Barbara | Director | 2009-10-21 | 2009-10-21 |
| PEARSON, Robert James | Director | 2009-10-21 | 2012-07-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Qubic Trustees Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-10-24 | Active |
| Granite Trustee Company Limited | Corporate entity | ownership-of-shares-50-to-75-percent-as-trust, voting-rights-50-to-75-percent-as-trust | 2020-02-21 | Ceased 2025-10-24 |
| Mr Nigel Alan Andrews | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2020-10-21 |
Filing timeline
Last 20 of 61 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-06-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-11 | CH01 | officers | Change person director company with change date | |
| 2025-11-07 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-29 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-27 | AA | accounts | Accounts with accounts type full | |
| 2023-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-27 | AA | accounts | Accounts with accounts type full | |
| 2022-11-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-07 | AA | accounts | Accounts with accounts type full | |
| 2021-12-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-12-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2021-09-22 | CH03 | officers | Change person secretary company with change date | |
| 2020-12-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-06-18 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.