portland harbour authority limited
portland harbour authority limited Company Information
Company Number
03002686
Next Accounts
Sep 2025
Industry
Sea and coastal freight water transport
Shareholders
langham industries limited
Group Structure
View All
Contact
Registered Address
port office castletown, portland, dorset, DT5 1PP
Website
www.portland-port.co.ukportland harbour authority limited Estimated Valuation
Pomanda estimates the enterprise value of PORTLAND HARBOUR AUTHORITY LIMITED at £3.1m based on a Turnover of £5.3m and 0.58x industry multiple (adjusted for size and gross margin).
portland harbour authority limited Estimated Valuation
Pomanda estimates the enterprise value of PORTLAND HARBOUR AUTHORITY LIMITED at £0 based on an EBITDA of £-182.8k and a 1.91x industry multiple (adjusted for size and gross margin).
portland harbour authority limited Estimated Valuation
Pomanda estimates the enterprise value of PORTLAND HARBOUR AUTHORITY LIMITED at £5.8m based on Net Assets of £4.2m and 1.37x industry multiple (adjusted for liquidity).
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Portland Harbour Authority Limited Overview
Portland Harbour Authority Limited is a live company located in dorset, DT5 1PP with a Companies House number of 03002686. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in December 1994, it's largest shareholder is langham industries limited with a 100% stake. Portland Harbour Authority Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.3m with high growth in recent years.
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Portland Harbour Authority Limited Health Check
Pomanda's financial health check has awarded Portland Harbour Authority Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £5.3m, make it smaller than the average company (£8.1m)
£5.3m - Portland Harbour Authority Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (8.4%)
18% - Portland Harbour Authority Limited
8.4% - Industry AVG
Production
with a gross margin of 14.9%, this company has a higher cost of product (34.8%)
14.9% - Portland Harbour Authority Limited
34.8% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (11.3%)
-3.7% - Portland Harbour Authority Limited
11.3% - Industry AVG
Employees
with 38 employees, this is above the industry average (14)
38 - Portland Harbour Authority Limited
14 - Industry AVG
Pay Structure
on an average salary of £48k, the company has a lower pay structure (£64.6k)
£48k - Portland Harbour Authority Limited
£64.6k - Industry AVG
Efficiency
resulting in sales per employee of £140.3k, this is less efficient (£578.7k)
£140.3k - Portland Harbour Authority Limited
£578.7k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (30 days)
78 days - Portland Harbour Authority Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (27 days)
1 days - Portland Harbour Authority Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (18 days)
4 days - Portland Harbour Authority Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 113 weeks, this is more cash available to meet short term requirements (13 weeks)
113 weeks - Portland Harbour Authority Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30%, this is a lower level of debt than the average (58.3%)
30% - Portland Harbour Authority Limited
58.3% - Industry AVG
PORTLAND HARBOUR AUTHORITY LIMITED financials
Portland Harbour Authority Limited's latest turnover from December 2023 is £5.3 million and the company has net assets of £4.2 million. According to their latest financial statements, Portland Harbour Authority Limited has 38 employees and maintains cash reserves of £3.4 million 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 | 5,332,861 | 4,670,257 | 4,970,755 | 3,245,251 | 3,446,621 | 2,971,610 | 3,282,111 | 2,365,046 | 2,326,517 | 2,189,591 | 2,222,501 | 2,627,646 | 2,367,913 | 2,475,119 | 2,529,330 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,536,159 | 3,529,274 | 3,373,387 | 2,487,080 | 2,522,555 | 2,480,396 | 1,984,485 | 1,602,918 | 1,464,048 | 1,475,262 | 1,382,774 | 1,515,005 | 1,459,419 | 1,749,492 | 1,842,470 |
| Gross Profit | 796,702 | 1,140,983 | 1,597,368 | 758,171 | 924,066 | 491,214 | 1,297,626 | 762,128 | 862,469 | 714,329 | 839,727 | 1,112,641 | 908,494 | 725,627 | 686,860 |
| Admin Expenses | 996,624 | 868,926 | 787,818 | 686,380 | 650,228 | 592,703 | 665,788 | 534,396 | 699,635 | 649,193 | 656,926 | 636,988 | 579,814 | 677,557 | 735,809 |
| Operating Profit | -199,922 | 272,057 | 809,550 | 71,791 | 273,838 | -101,489 | 631,838 | 227,732 | 162,834 | 65,136 | 182,801 | 475,653 | 328,680 | 48,070 | -48,949 |
| Interest Payable | 712 | 806 | 2,120 | 2,887 | 3,759 | 66 | 1,187 | 1,246 | 1,303 | 12,822 | 19,701 | 23,190 | 17,768 | 19,822 | 9,000 |
| Interest Receivable | 97,261 | 29,190 | 12,146 | 19,798 | 20,595 | 17,266 | 16,139 | 18,650 | 16,414 | 38,241 | 56,832 | 76,034 | 45,515 | 34,211 | 24,034 |
| Pre-Tax Profit | -103,373 | 300,441 | 819,576 | 88,702 | 290,674 | -84,157 | 646,790 | 245,136 | 177,945 | 89,216 | 219,932 | 528,497 | 356,427 | 62,459 | -33,915 |
| Tax | -50,972 | -222,434 | -16,608 | -52,072 | 16,676 | -126,237 | -48,991 | -35,073 | -11,740 | -55,958 | -1,876 | -139,853 | -96,072 | -25,225 | -68,503 |
| Profit After Tax | -154,345 | 78,007 | 802,968 | 36,630 | 307,350 | -210,394 | 597,799 | 210,063 | 166,205 | 33,258 | 218,056 | 388,644 | 260,355 | 37,234 | -102,418 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -154,345 | 78,007 | 802,968 | 36,630 | 307,350 | -210,394 | 597,799 | 210,063 | 166,205 | 33,258 | 218,056 | 388,644 | 260,355 | 37,234 | -102,418 |
| Employee Costs | 1,825,618 | 1,685,216 | 1,531,978 | 1,334,370 | 1,308,615 | 1,228,548 | 1,205,294 | 1,020,871 | 866,498 | 990,671 | 939,923 | 950,137 | 987,747 | 934,705 | 948,775 |
| Number Of Employees | 38 | 35 | 37 | 42 | 48 | 41 | 39 | 30 | 29 | 30 | 30 | 29 | 32 | 32 | 32 |
| EBITDA* | -182,781 | 277,733 | 809,550 | 71,791 | 273,838 | -101,489 | 631,838 | 227,732 | 162,834 | 65,136 | 182,801 | 475,653 | 328,680 | 48,070 | -48,949 |
* 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 | 910,230 | 875,398 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 910,230 | 875,398 | 50,003 | 50,003 | 50,003 | 50,003 | 50,003 | 50,003 | 50,003 | 50,003 | 50,003 | 50,003 | 50,003 | 50,003 | 50,003 |
| Stock & work in progress | 54,957 | 74,345 | 65,522 | 32,244 | 46,516 | 40,601 | 64,458 | 70,871 | 50,620 | 35,838 | 45,865 | 24,731 | 20,499 | 35,500 | 40,537 |
| Trade Debtors | 1,143,184 | 908,971 | 242,207 | 403,020 | 375,508 | 576,492 | 447,338 | 372,988 | 482,818 | 332,115 | 383,643 | 555,080 | 672,946 | 620,663 | 467,970 |
| Group Debtors | 345,710 | 1,424,433 | 0 | 0 | 0 | 0 | 275,680 | 274,012 | 319,956 | 297,188 | 226,147 | 108,591 | 100,858 | 83,874 | 167,542 |
| Misc Debtors | 176,234 | 70,900 | 68,610 | 54,673 | 175,211 | 255,408 | 138,248 | 110,008 | 157,093 | 175,993 | 204,359 | 201,231 | 134,858 | 98,117 | 123,812 |
| Cash | 3,429,878 | 2,129,068 | 4,453,808 | 3,550,843 | 3,128,349 | 3,236,470 | 3,569,877 | 2,714,921 | 2,350,426 | 3,026,800 | 3,183,067 | 3,257,348 | 2,860,243 | 2,194,062 | 1,995,149 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53,052 |
| total current assets | 5,149,963 | 4,607,717 | 4,830,147 | 4,040,780 | 3,725,584 | 4,108,971 | 4,495,601 | 3,542,800 | 3,360,913 | 3,867,934 | 4,043,081 | 4,146,981 | 3,789,404 | 3,032,216 | 2,848,062 |
| total assets | 6,060,193 | 5,483,115 | 4,880,150 | 4,090,783 | 3,775,587 | 4,158,974 | 4,545,604 | 3,592,803 | 3,410,916 | 3,917,937 | 4,093,084 | 4,196,984 | 3,839,407 | 3,082,219 | 2,898,065 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,011 | 38,914 | 9,294 | 0 | 21,381 | 41,074 | 29,839 | 35,908 | 44,918 | 48,357 | 50,950 | 45,584 | 80,068 | 79,531 | 44,774 |
| Group/Directors Accounts | 233,506 | 165,729 | 244,181 | 374,048 | 43,006 | 775,928 | 916,786 | 618,448 | 653,589 | 1,276,873 | 1,515,730 | 1,687,564 | 1,729,232 | 1,312,151 | 1,214,270 |
| 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 | 1,325,751 | 652,815 | 283,722 | 173,404 | 201,373 | 136,582 | 180,490 | 115,242 | 96,937 | 141,279 | 114,991 | 248,257 | 203,172 | 123,957 | 109,675 |
| total current liabilities | 1,574,268 | 857,458 | 537,197 | 547,452 | 265,760 | 953,584 | 1,127,115 | 769,598 | 795,444 | 1,466,509 | 1,681,671 | 1,981,405 | 2,012,472 | 1,515,639 | 1,368,719 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 18,030 | 21,858 | 25,442 | 28,788 | 31,914 | 34,827 | 37,532 | 40,047 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 226,722 | 208,281 | 0 | 0 | 0 | 0 | 0 | 0 | 42,377 | 44,538 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 244,752 | 230,139 | 25,442 | 28,788 | 31,914 | 34,827 | 37,532 | 40,047 | 42,377 | 44,538 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,819,020 | 1,087,597 | 562,639 | 576,240 | 297,674 | 988,411 | 1,164,647 | 809,645 | 837,821 | 1,511,047 | 1,681,671 | 1,981,405 | 2,012,472 | 1,515,639 | 1,368,719 |
| net assets | 4,241,173 | 4,395,518 | 4,317,511 | 3,514,543 | 3,477,913 | 3,170,563 | 3,380,957 | 2,783,158 | 2,573,095 | 2,406,890 | 2,411,413 | 2,215,579 | 1,826,935 | 1,566,580 | 1,529,346 |
| total shareholders funds | 4,241,173 | 4,395,518 | 4,317,511 | 3,514,543 | 3,477,913 | 3,170,563 | 3,380,957 | 2,783,158 | 2,573,095 | 2,406,890 | 2,411,413 | 2,215,579 | 1,826,935 | 1,566,580 | 1,529,346 |
| 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 | -199,922 | 272,057 | 809,550 | 71,791 | 273,838 | -101,489 | 631,838 | 227,732 | 162,834 | 65,136 | 182,801 | 475,653 | 328,680 | 48,070 | -48,949 |
| Depreciation | 17,141 | 5,676 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -50,972 | -222,434 | -16,608 | -52,072 | 16,676 | -126,237 | -48,991 | -35,073 | -11,740 | -55,958 | -1,876 | -139,853 | -96,072 | -25,225 | -68,503 |
| Stock | -19,388 | 8,823 | 33,278 | -14,272 | 5,915 | -23,857 | -6,413 | 20,251 | 14,782 | -10,027 | 21,134 | 4,232 | -15,001 | -5,037 | 40,537 |
| Debtors | -739,176 | 2,093,487 | -146,876 | -93,026 | -281,181 | -29,366 | 104,258 | -202,859 | 154,571 | -8,853 | -50,753 | -43,760 | 106,008 | 43,330 | 759,324 |
| Creditors | -23,903 | 29,620 | 9,294 | -21,381 | -19,693 | 11,235 | -6,069 | -9,010 | -3,439 | -2,593 | 5,366 | -34,484 | 537 | 34,757 | 44,774 |
| Accruals and Deferred Income | 672,936 | 369,093 | 110,318 | -27,969 | 64,791 | -43,908 | 65,248 | 18,305 | -44,342 | 26,288 | -133,266 | 45,085 | 79,215 | 14,282 | 109,675 |
| Deferred Taxes & Provisions | 18,441 | 208,281 | 0 | 0 | 0 | 0 | 0 | -42,377 | -2,161 | 44,538 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,192,285 | -1,440,017 | 1,026,152 | 77,667 | 610,878 | -207,176 | 544,181 | 342,185 | -68,201 | 96,291 | 82,644 | 385,929 | 221,353 | 33,591 | -762,864 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | -3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 67,777 | -78,452 | -129,867 | 331,042 | -732,922 | -140,858 | 298,338 | -35,141 | -623,284 | -238,857 | -171,834 | -41,668 | 417,081 | 97,881 | 1,214,270 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -3,828 | -3,584 | -3,346 | -3,126 | -2,913 | -2,705 | -2,515 | 40,047 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 96,549 | 28,384 | 10,026 | 16,911 | 16,836 | 17,200 | 14,952 | 17,404 | 15,111 | 25,419 | 37,131 | 52,844 | 27,747 | 14,389 | 15,034 |
| cash flow from financing | 160,498 | -53,652 | -123,187 | 344,827 | -718,999 | -126,363 | 310,775 | 22,310 | -608,173 | -251,219 | -156,925 | 11,176 | 444,828 | 112,270 | 2,861,068 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,300,810 | -2,324,740 | 902,965 | 422,494 | -108,121 | -333,407 | 854,956 | 364,495 | -676,374 | -156,267 | -74,281 | 397,105 | 666,181 | 198,913 | 1,995,149 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,300,810 | -2,324,740 | 902,965 | 422,494 | -108,121 | -333,407 | 854,956 | 364,495 | -676,374 | -156,267 | -74,281 | 397,105 | 666,181 | 198,913 | 1,995,149 |
portland harbour authority limited Credit Report and Business Information
Portland Harbour Authority Limited Competitor Analysis
Perform a competitor analysis for portland harbour authority limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in DT5 area or any other competitors across 12 key performance metrics.
portland harbour authority limited Ownership
PORTLAND HARBOUR AUTHORITY LIMITED group structure
Portland Harbour Authority Limited has 1 subsidiary company.
Ultimate parent company
1 parent
PORTLAND HARBOUR AUTHORITY LIMITED
03002686
1 subsidiary
portland harbour authority limited directors
Portland Harbour Authority Limited currently has 4 directors. The longest serving directors include Mr John Langham (Dec 1994) and Mr Justin Langham (Apr 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Langham | 73 years | Dec 1994 | - | Director | |
| Mr Justin Langham | United Kingdom | 61 years | Apr 1996 | - | Director |
| Mr William Reeves | 74 years | Sep 2015 | - | Director | |
| Mr Alan Deves | United Kingdom | 62 years | Apr 2018 | - | Director |
P&L
December 2023turnover
5.3m
+14%
operating profit
-199.9k
-173%
gross margin
15%
-38.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.2m
-0.04%
total assets
6.1m
+0.11%
cash
3.4m
+0.61%
net assets
Total assets minus all liabilities
portland harbour authority limited company details
company number
03002686
Type
Private limited with Share Capital
industry
50200 - Sea and coastal freight water transport
incorporation date
December 1994
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
portland port limited (June 2003)
accountant
-
auditor
DUNCAN & TOPLIS
address
port office castletown, portland, dorset, DT5 1PP
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
portland harbour authority 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 6 charges/mortgages relating to portland harbour authority limited. Currently there are 1 open charges and 5 have been satisfied in the past.
portland harbour authority 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 harbour authority limited Companies House Filings - See Documents
| date | description | view/download |
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