porter landbank limited
porter landbank limited Company Information
Company Number
NI630492
Next Accounts
Dec 2025
Shareholders
porter property holdings limited
Group Structure
View All
Industry
Development of building projects
Registered Address
30 lady wallace lane, lisburn, BT28 3WT
Website
-porter landbank limited Estimated Valuation
Pomanda estimates the enterprise value of PORTER LANDBANK LIMITED at £1m based on a Turnover of £2.1m and 0.5x industry multiple (adjusted for size and gross margin).
porter landbank limited Estimated Valuation
Pomanda estimates the enterprise value of PORTER LANDBANK LIMITED at £3.1m based on an EBITDA of £773.8k and a 3.96x industry multiple (adjusted for size and gross margin).
porter landbank limited Estimated Valuation
Pomanda estimates the enterprise value of PORTER LANDBANK LIMITED at £3.7m based on Net Assets of £2.6m and 1.41x industry multiple (adjusted for liquidity).
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Porter Landbank Limited Overview
Porter Landbank Limited is a live company located in lisburn, BT28 3WT with a Companies House number of NI630492. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2015, it's largest shareholder is porter property holdings limited with a 100% stake. Porter Landbank Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.
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Porter Landbank Limited Health Check
Pomanda's financial health check has awarded Porter Landbank Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £2.1m, make it in line with the average company (£2.3m)
- Porter Landbank Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (6%)
- Porter Landbank Limited
6% - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
- Porter Landbank Limited
26.3% - Industry AVG
Profitability
an operating margin of 37.7% make it more profitable than the average company (7.5%)
- Porter Landbank Limited
7.5% - Industry AVG
Employees
with 8 employees, this is above the industry average (6)
- Porter Landbank Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Porter Landbank Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £256.9k, this is equally as efficient (£277.7k)
- Porter Landbank Limited
£277.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Porter Landbank Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Porter Landbank Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 363 days, this is more than average (197 days)
- Porter Landbank Limited
197 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Porter Landbank Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.3%, this is a lower level of debt than the average (73.8%)
46.3% - Porter Landbank Limited
73.8% - Industry AVG
PORTER LANDBANK LIMITED financials
Porter Landbank Limited's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £2.6 million. According to their latest financial statements, we estimate that Porter Landbank Limited has 8 employees and maintains cash reserves of £253 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | 1,511,054 | 1,958,653 | 3,184,925 | 3,576,339 | 3,601,589 | 3,362,881 | 3,620,907 | 3,345,341 | |
| Trade Debtors | 170,430 | ||||||||
| Group Debtors | 3,418,722 | 4,163,556 | 2,348,220 | 3,854,710 | 3,006,856 | 3,345,300 | 2,575,851 | 2,885,169 | 100 |
| Misc Debtors | 10,000 | 694,237 | 3,860 | 3,000 | 12,500 | 9,785 | |||
| Cash | 253 | 869 | 100,581 | 100 | 3,298 | 14,501 | |||
| misc current assets | |||||||||
| total current assets | 4,930,029 | 6,133,078 | 6,227,382 | 7,535,490 | 6,611,545 | 6,723,979 | 6,391,474 | 6,230,510 | 100 |
| total assets | 4,930,029 | 6,133,078 | 6,227,382 | 7,535,490 | 6,611,545 | 6,723,979 | 6,391,474 | 6,230,510 | 100 |
| Bank overdraft | 840,000 | 620,000 | 986,000 | 900,000 | 4,606,000 | 4,836,902 | 5,396,902 | 5,751,903 | |
| Bank loan | |||||||||
| Trade Creditors | 9,118 | 3,275 | 2,863 | 300 | 299 | ||||
| Group/Directors Accounts | 390,534 | 384,783 | 682,345 | 206,575 | |||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 283,620 | 1,063,178 | 1,208,392 | 2,282,568 | 1,062,555 | 1,026,475 | 855,168 | 432,422 | |
| total current liabilities | 1,514,154 | 2,077,079 | 2,880,012 | 3,389,143 | 5,671,418 | 5,863,677 | 6,252,369 | 6,184,325 | |
| loans | 766,000 | 1,816,000 | 2,000,000 | 2,846,000 | |||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 766,000 | 1,816,000 | 2,000,000 | 2,846,000 | |||||
| total liabilities | 2,280,154 | 3,893,079 | 4,880,012 | 6,235,143 | 5,671,418 | 5,863,677 | 6,252,369 | 6,184,325 | |
| net assets | 2,649,875 | 2,239,999 | 1,347,370 | 1,300,347 | 940,127 | 860,302 | 139,105 | 46,185 | 100 |
| total shareholders funds | 2,649,875 | 2,239,999 | 1,347,370 | 1,300,347 | 940,127 | 860,302 | 139,105 | 46,185 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -447,599 | -1,226,272 | -391,414 | -25,250 | 238,708 | -258,026 | 275,566 | 3,345,341 | |
| Debtors | -754,834 | 1,131,099 | -816,113 | 848,714 | -347,944 | 601,734 | -129,103 | 2,885,069 | 100 |
| Creditors | -9,118 | 5,843 | 3,275 | -2,863 | 2,563 | 1 | 299 | ||
| Accruals and Deferred Income | -779,558 | -145,214 | -1,074,176 | 1,220,013 | 36,080 | 171,307 | 422,746 | 432,422 | |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 5,751 | -297,562 | 475,770 | 206,575 | |||||
| Other Short Term Loans | |||||||||
| Long term loans | -1,050,000 | -184,000 | -846,000 | 2,846,000 | |||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -616 | 869 | -100,581 | 100,481 | -3,198 | -11,203 | 14,501 | ||
| overdraft | 220,000 | -366,000 | 86,000 | -3,706,000 | -230,902 | -560,000 | -355,001 | 5,751,903 | |
| change in cash | -220,616 | 366,869 | -186,581 | 3,806,481 | 227,704 | 548,797 | 369,502 | -5,751,903 |
porter landbank limited Credit Report and Business Information
Porter Landbank Limited Competitor Analysis
Perform a competitor analysis for porter landbank limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT28 area or any other competitors across 12 key performance metrics.
porter landbank limited Ownership
PORTER LANDBANK LIMITED group structure
Porter Landbank Limited has no subsidiary companies.
Ultimate parent company
1 parent
PORTER LANDBANK LIMITED
NI630492
porter landbank limited directors
Porter Landbank Limited currently has 2 directors. The longest serving directors include Mr William Porter (Apr 2015) and Mr Richard Stack (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Porter | Northern Ireland | 64 years | Apr 2015 | - | Director |
| Mr Richard Stack | Northern Ireland | 48 years | Nov 2020 | - | Director |
P&L
March 2024turnover
2.1m
+145%
operating profit
773.8k
0%
gross margin
26.3%
+1.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.6m
+0.18%
total assets
4.9m
-0.2%
cash
253
-0.71%
net assets
Total assets minus all liabilities
porter landbank limited company details
company number
NI630492
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
MANEELY MCCANN
address
30 lady wallace lane, lisburn, BT28 3WT
Bank
DANSKE BANK
Legal Advisor
SHOOTSMITHS (NORTHERN IRELAND) LLP
porter landbank 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 4 charges/mortgages relating to porter landbank limited. Currently there are 4 open charges and 0 have been satisfied in the past.
porter landbank 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.
Click to start generating capital raising & share issue transactions for PORTER LANDBANK LIMITED. This can take several minutes, an email will notify you when this has completed.
porter landbank limited Companies House Filings - See Documents
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