portland developments limited
portland developments limited Company Information
Company Number
01693061
Next Accounts
Sep 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
antony philip thackray nickalls
jeremy robert thackray nickalls
View AllGroup Structure
View All
Contact
Registered Address
richmond house walkern road, stevenage, hertfordshire, SG1 3QP
Website
portlands-developments.comportland developments limited Estimated Valuation
Pomanda estimates the enterprise value of PORTLAND DEVELOPMENTS LIMITED at £1.6m based on a Turnover of £457.6k and 3.4x industry multiple (adjusted for size and gross margin).
portland developments limited Estimated Valuation
Pomanda estimates the enterprise value of PORTLAND DEVELOPMENTS LIMITED at £450.5k based on an EBITDA of £64.3k and a 7.01x industry multiple (adjusted for size and gross margin).
portland developments limited Estimated Valuation
Pomanda estimates the enterprise value of PORTLAND DEVELOPMENTS LIMITED at £8.1m based on Net Assets of £4.6m and 1.74x industry multiple (adjusted for liquidity).
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Portland Developments Limited Overview
Portland Developments Limited is a live company located in hertfordshire, SG1 3QP with a Companies House number of 01693061. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 1983, it's largest shareholder is antony philip thackray nickalls with a 28.8% stake. Portland Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £457.6k with declining growth in recent years.
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Portland Developments Limited Health Check
Pomanda's financial health check has awarded Portland Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £457.6k, make it smaller than the average company (£1m)
- Portland Developments Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (3.6%)
- Portland Developments Limited
3.6% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
- Portland Developments Limited
71% - Industry AVG
Profitability
an operating margin of 14.1% make it less profitable than the average company (22.4%)
- Portland Developments Limited
22.4% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Portland Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Portland Developments Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £114.4k, this is less efficient (£201.2k)
- Portland Developments Limited
£201.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Portland Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (35 days)
- Portland Developments Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Portland Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (11 weeks)
42 weeks - Portland Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.1%, this is a lower level of debt than the average (71.1%)
23.1% - Portland Developments Limited
71.1% - Industry AVG
PORTLAND DEVELOPMENTS LIMITED financials
Portland Developments Limited's latest turnover from December 2023 is estimated at £457.6 thousand and the company has net assets of £4.6 million. According to their latest financial statements, Portland Developments Limited has 4 employees and maintains cash reserves of £100.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 3 | 3 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 3,595,000 | 0 | 0 | 0 | 333 | 666 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 5,935,000 | 4,238,167 | 3,595,000 | 3,595,000 | 3,595,000 | 0 | 1,331,150 | 1,627,200 | 1,624,946 | 1,624,946 | 1,748,245 | 1,748,245 | 1,748,245 | 1,748,683 | 1,748,683 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,935,000 | 4,238,167 | 3,595,000 | 3,595,000 | 3,595,000 | 3,595,000 | 1,331,150 | 1,627,200 | 1,624,946 | 1,625,279 | 1,748,911 | 1,748,245 | 1,748,245 | 1,748,683 | 1,748,683 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 353,546 | 344,996 | 324,879 | 0 | 0 | 0 | 0 | 209,067 | 5,482 | 2,850 | 22,520 | 39,829 | 2,790 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,368 | 73,661 | 0 | 0 | 0 | 0 | 328,022 | 316,909 | 320,716 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 100,426 | 18,064 | 72,988 | 65,780 | 176,343 | 172,951 | 230,754 | 17,630 | 30,842 | 49,146 | 5,112 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 103,794 | 91,725 | 426,534 | 410,776 | 501,222 | 485,102 | 558,776 | 334,539 | 351,558 | 258,213 | 10,594 | 2,850 | 22,520 | 39,829 | 2,790 |
| total assets | 6,038,794 | 4,329,892 | 4,021,534 | 4,005,776 | 4,096,222 | 4,080,102 | 1,889,926 | 1,961,739 | 1,976,504 | 1,883,492 | 1,759,505 | 1,751,095 | 1,770,765 | 1,788,512 | 1,751,473 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 93,108 | 239,058 | 28,860 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 45,245 | 39,429 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,159 | 1,176 | 51,768 | 66,990 | 47,884 | 40,493 | 2,421 | 6,238 | 1,836 | 78,705 | 66,076 | 82,493 | 93,787 | 85,033 | 92,246 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 74,977 | 61,840 | 0 | 0 | 0 | 0 | 99,713 | 40,733 | 45,884 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 122,381 | 102,445 | 51,768 | 66,990 | 47,884 | 40,493 | 195,242 | 286,029 | 76,580 | 78,705 | 66,076 | 82,493 | 93,787 | 85,033 | 92,246 |
| loans | 399,815 | 420,076 | 0 | 0 | 0 | 0 | 143,309 | 533,745 | 766,719 | 786,976 | 651,593 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 61,256 | 66,892 | 216,398 | 0 | 0 | 0 | 0 | 0 | 0 | 669,424 | 705,633 | 748,928 | 789,306 |
| provisions | 870,854 | 486,543 | 486,543 | 486,543 | 486,543 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,270,669 | 906,619 | 547,799 | 553,435 | 702,941 | 709,112 | 143,309 | 533,745 | 766,719 | 786,976 | 651,593 | 669,424 | 705,633 | 748,928 | 789,306 |
| total liabilities | 1,393,050 | 1,009,064 | 599,567 | 620,425 | 750,825 | 749,605 | 338,551 | 819,774 | 843,299 | 865,681 | 717,669 | 751,917 | 799,420 | 833,961 | 881,552 |
| net assets | 4,645,744 | 3,320,828 | 3,421,967 | 3,385,351 | 3,345,397 | 3,330,497 | 1,551,375 | 1,141,965 | 1,133,205 | 1,017,811 | 1,041,836 | 999,178 | 971,345 | 954,551 | 869,921 |
| total shareholders funds | 4,645,744 | 3,320,828 | 3,421,967 | 3,385,351 | 3,345,397 | 3,330,497 | 1,551,375 | 1,141,965 | 1,133,205 | 1,017,811 | 1,041,836 | 999,178 | 971,345 | 954,551 | 869,921 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 333 | 333 | 333 | 0 | 0 | 0 | 1,694 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -70,293 | -279,885 | 8,550 | 20,117 | 324,879 | -328,022 | 11,113 | -3,807 | 111,649 | 203,585 | 2,632 | -19,670 | -17,309 | 37,039 | 2,790 |
| Creditors | 983 | -50,592 | -15,222 | 19,106 | 7,391 | 38,072 | -3,817 | 4,402 | -76,869 | 12,629 | -16,417 | -11,294 | 8,754 | -7,213 | 92,246 |
| Accruals and Deferred Income | 13,137 | 61,840 | 0 | 0 | 0 | -99,713 | 58,980 | -5,151 | 45,884 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 384,311 | 0 | 0 | 0 | 486,543 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,696,833 | 643,167 | 0 | 0 | 3,595,000 | -1,331,150 | -296,050 | 2,254 | 0 | -123,299 | 0 | 0 | -438 | 0 | 1,748,683 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 5,816 | 39,429 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -20,261 | 420,076 | 0 | 0 | 0 | -143,309 | -390,436 | -232,974 | -20,257 | 135,383 | 651,593 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -61,256 | -5,636 | -149,506 | 216,398 | 0 | 0 | 0 | 0 | 0 | -669,424 | -36,209 | -43,295 | -40,378 | 789,306 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 82,362 | -54,924 | 7,208 | -110,563 | 3,392 | -57,803 | 213,124 | -13,212 | -18,304 | 44,034 | 5,112 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -93,108 | -145,950 | 210,198 | 28,860 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 82,362 | -54,924 | 7,208 | -110,563 | 3,392 | 35,305 | 359,074 | -223,410 | -47,164 | 44,034 | 5,112 | 0 | 0 | 0 | 0 |
portland developments limited Credit Report and Business Information
Portland Developments Limited Competitor Analysis
Perform a competitor analysis for portland developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SG1 area or any other competitors across 12 key performance metrics.
portland developments limited Ownership
PORTLAND DEVELOPMENTS LIMITED group structure
Portland Developments Limited has no subsidiary companies.
Ultimate parent company
PORTLAND DEVELOPMENTS LIMITED
01693061
portland developments limited directors
Portland Developments Limited currently has 3 directors. The longest serving directors include Mr Piers Nickalls (Dec 1991) and Mr Jeremy Nickalls (Dec 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Piers Nickalls | England | 53 years | Dec 1991 | - | Director |
| Mr Jeremy Nickalls | 58 years | Dec 1991 | - | Director | |
| Mr Antony Nickalls | England | 57 years | Dec 1991 | - | Director |
P&L
December 2023turnover
457.6k
+47%
operating profit
64.3k
0%
gross margin
71.1%
+1.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.6m
+0.4%
total assets
6m
+0.39%
cash
100.4k
+4.56%
net assets
Total assets minus all liabilities
portland developments limited company details
company number
01693061
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 1983
age
41
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
kingsound limited (February 1983)
accountant
MENZIES
auditor
-
address
richmond house walkern road, stevenage, hertfordshire, SG1 3QP
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
portland developments limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 16 charges/mortgages relating to portland developments limited. Currently there are 10 open charges and 6 have been satisfied in the past.
portland developments limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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portland developments limited Companies House Filings - See Documents
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