PORTRAIL GROUP HOLDINGS LIMITED

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

• Turnover

  -5%

  £15,306,188 → £14,536,963

• Cash

  +137.5%

  £468,085 → £1,111,545

• Net assets

  -41.9%

  -£6,217,254 → -£8,821,446

  lowest in 4 filed years

• Employees

  +12.3%

  57 → 64

  highest in 4 filed years

• Operating profit

  +77.1%

  £73,830 → £130,774

• Profit before tax

  -8.3%

  -£2,238,765 → -£2,425,498

• Wages

  +8.8%

  £3,269,620 → £3,556,917

  highest in 4 filed years

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

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.

1. PORTRAIL GROUP HOLDINGS LIMITED 2026-01-13 → present
2. JST PORTS AND LOGISTICS HOLDINGS LTD 2020-12-02 → 2026-01-13
3. ENSCO 1380 LIMITED 2020-08-26 → 2020-12-02

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Subsequent to the year end, the Group has breached the financial covenants in the loan from its ultimate parent company, Shard Credit Partners Fund I SCSp. However, the directors have obtained assurances that Shard Credit Partners Fund I SCSp intend to formally waive this breach and will not exercise their right to demand repayment. Furthermore, during the year under review, Share Credit Partners Fund I SCSp extended their loan facility to a Dec-26 repayment date and have committed to provide financial support as necessary to cover any short-term cash flow requirements across the Group. Having obtained these assurance, the directors are confident that the existing funding facilities and support available will provide sufficient headroom to meet the forecast cash requirements of the business.”

Group structure

1. PORTRAIL GROUP HOLDINGS LIMITED · parent
   1. JST Services (Scotland) Ltd 100% · Scotland · Haulage, logistics and material handling for timber and other industries
   2. JST Holdings (Scotland) Limited 100% · Scotland · Holding company
   3. JST (Floating Piers) Ltd 100% · Scotland · Ownership, operation and development of floating piers and a work barge within the timber and construction sectors
   4. RFS Works Limited 100% · England · Provision of integrated services for material handling, logistics, earthworks and heavy mobile equipment solutions.

Significant events

• “In May the group's Floating Piers subsidiary was honoured to receive a King's Award for Enterprise. This King's Award recognised the innovation of these unique assets which remove significant miles of HGV transport from rural roads and reduce CO2 emissions in the remote Highlands of Scotland.”
• “On 24th December, JST Ports & Logistics Holding Ltd completed the acquisition of RFS Works Ltd. RFS is a leading provider of material handling services, earthworks and heavy mobile equipment solutions particularly focused on primary construction materials in the UK rail sector.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.