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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

PORTREE LTD

Private Limited Company (Ltd.)•Active
Liabilities to equity (2023)Liabilities to equity
0.78×
Liabilities to total assets (2023)Liabilities to total assets
44%
Equity ratio (2023)Equity ratio

Summary

Country🇬🇧United Kingdom
StatusActive
Registration Number11595741
Founded29/09/2018
PurposeManufacture of kitchen furniture
Address20 High Street, Lutterworth, Leicestershire, LE17 4AD
Confirmation StatementNext due: —; Last made up: —

Legal & Status

Legal FormPrivate Limited Company (Ltd.)
StatusActive
Registration Date29/09/2018
Registry Authority—

Source: — · Last updated: 03/12/2025

Timeline (15 events)

26/06/2025

Annual accounts filed

Total exemption full accounts made up to 30 September 2024

View file in Documents

30/09/2024

Annual accounts filed

Annual Accounts · Accounting year ending 30/09/2024

View file in Documents

29/09/2018

Appointed Christopher Robert Main (person)

Appointed as Director

Network

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Network depth

Ownership & Management

Persons with significant control

Adam Wheatley

25–50% shares · 25–50% voting rights · Right to appoint directors

Appointed: 29/09/2018

37.5%
Christopher Robert Main

25–50% shares · 25–50% voting rights · Right to appoint directors

Appointed: 29/09/2018

37.5%

Officers & directors

Adam Wheatley

Director

Appointed: 29/09/2018

—
Christopher Robert Main

Director

Appointed: 29/09/2018

—

Ownership Timeline (2 changes)

29/09/2018

Appointed Adam Wheatley (person)

Person with significant control

29/09/2018

Appointed Christopher Robert Main (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

20 High Street

Lutterworth

Leicestershire

LE17 4AD

Financials

Key figures from annual accounts filings.

Convert to

2019

Total assets: £-36.7K

Key figures

Total assets

2019£-36,712
2020£-36,712
2021£-53,991
2022£-12,187
2023£13,700
2024£-2,204

Net Assets Liabilities

2019£-36,712
2020£-36,712
2021£-53,991
2022£-12,187
2023£7,678
2024£-2,204

Equity

2019£-36,712
2020£-36,712
2021£-53,991
2022£-12,187
2023£7,678
2024£-2,204

Current Assets

2019£18,976
2020£18,976
2021£70,414
2022£121,400
2023£126,569
2024£151,240

Net Current Assets Liabilities

2019£-55,872
2020£-55,872
2021£-44,273
2022£-37,022
2023£-1,996
2024£-33,710

Total Assets Less Current Liabilities

2019£-17,462
2020£-17,462
2021£-15,141
2022£14,631
2023£105,383
2024£85,997

Cash Bank On Hand

2019£7,570
2020£7,570
2021£46,113
2022£88,236
2023£55,695
2024£77,127

Debtors

2019£11,406
2020£11,406
2021£24,301
2022£33,164
2023£70,874
2024£63,533

Other Debtors

2019£584
2020£584
2021—
2022—
2023—
2024£0

Creditors

2019£19,250
2020£19,250
2021£38,850
2022£26,818
2023£97,705
2024£88,201

Trade Creditors Trade Payables

2019£4,915
2020£4,915
2021£16,160
2022£65,428
2023£79,857
2024£106,592

Other Creditors

2019£2,094
2020£2,094
2021—
2022—
2023—
2024—

Average Number Employees During Period

20192
20202
20214
20226
20239
20248

Accrued Liabilities

2019£500
2020£500
2021£500
2022£7,250
2023£500
2024£702

Accrued Liabilities Deferred Income

2019—
2020£0
2021£14,905
2022£10,417
2023£7,673
2024—

Accumulated Amortisation Impairment Intangible Assets

2019—
2020—
2021—
2022—
2023£2,055
2024£4,795

Accumulated Depreciation Impairment Property Plant Equipment

2019£13,007
2020£15,806
2021£33,388
2022£57,913
2023£97,124
2024£122,638

Amount Specific Advance Or Credit Directors

2019—
2020—
2021—
2022—
2023—
2024£1,724

Amount Specific Advance Or Credit Repaid In Period Directors

2019—
2020—
2021—
2022—
2023—
2024£12,374

Bank Borrowings Overdrafts

2019£11,250
2020£11,250
2021£33,250
2022£23,618
2023£96,905
2024£55,120

Corporation Tax Payable

2019—
2020—
2021£0
2022£1
2023—
2024£0

Disposals Decrease In Depreciation Impairment Property Plant Equipment

2019—
2020£7,341
2021—
2022£12,855
2023—
2024£7,258

Disposals Property Plant Equipment

2019—
2020£29,364
2021—
2022£25,703
2023—
2024£12,331

Finance Lease Liabilities Present Value Total

2019£8,000
2020£8,000
2021£5,600
2022£3,200
2023£800
2024£40,067

Fixed Assets

2019—
2020—
2021—
2022—
2023£107,379
2024£119,707

Increase From Amortisation Charge For Year Intangible Assets

2019—
2020—
2021—
2022—
2023£2,055
2024£2,740

Increase From Depreciation Charge For Year Property Plant Equipment

2019£13,007
2020£10,140
2021£17,582
2022£37,380
2023£39,211
2024£32,772

Intangible Assets

2019—
2020—
2021—
2022—
2023£11,645
2024£11,645

Intangible Assets Gross Cost

2019—
2020—
2021—
2022—
2023£13,700
2024£13,700

Other Taxation Social Security Payable

2019—
2020£0
2021£17,462
2022£22,115
2023£12,718
2024£43,709

Prepayments

2019£10,786
2020£10,786
2021£10,144
2022£10,644
2023£17,983
2024£19,474

Property Plant Equipment

2019£38,410
2020£38,410
2021£29,132
2022£51,653
2023£107,379
2024£108,062

Property Plant Equipment Gross Cost

2019£51,417
2020£44,938
2021£85,041
2022£165,292
2023£205,186
2024£207,064

Total Additions Including From Business Combinations Intangible Assets

2019—
2020—
2021—
2022—
2023£13,700
2024—

Total Additions Including From Business Combinations Property Plant Equipment

2019£51,417
2020£22,885
2021£40,103
2022£105,954
2023£39,894
2024£14,209

Total Inventories

2019—
2020—
2021—
2022—
2023£0
2024£10,580

Trade Debtors Trade Receivables

2019£36
2020£36
2021£14,157
2022£22,520
2023£21,926
2024£44,059
Metric201920202021202220232024
Total assets£-36,712£-36,712£-53,991£-12,187£13,700£-2,204
Net Assets Liabilities£-36,712£-36,712£-53,991£-12,187£7,678£-2,204
Equity£-36,712£-36,712£-53,991£-12,187£7,678£-2,204
Current Assets£18,976£18,976£70,414£121,400£126,569£151,240
Net Current Assets Liabilities£-55,872£-55,872£-44,273£-37,022£-1,996£-33,710
Total Assets Less Current Liabilities£-17,462£-17,462£-15,141£14,631£105,383£85,997
Cash Bank On Hand£7,570£7,570£46,113£88,236£55,695£77,127
Debtors£11,406£11,406£24,301£33,164£70,874£63,533
Other Debtors£584£584———£0
Creditors£19,250£19,250£38,850£26,818£97,705£88,201
Trade Creditors Trade Payables£4,915£4,915£16,160£65,428£79,857£106,592
Other Creditors£2,094£2,094————
Average Number Employees During Period224698
Accrued Liabilities£500£500£500£7,250£500£702
Accrued Liabilities Deferred Income—£0£14,905£10,417£7,673—
Accumulated Amortisation Impairment Intangible Assets————£2,055£4,795
Accumulated Depreciation Impairment Property Plant Equipment£13,007£15,806£33,388£57,913£97,124£122,638
Amount Specific Advance Or Credit Directors—————£1,724
Amount Specific Advance Or Credit Repaid In Period Directors—————£12,374
Bank Borrowings Overdrafts£11,250£11,250£33,250£23,618£96,905£55,120
Corporation Tax Payable——£0£1—£0
Disposals Decrease In Depreciation Impairment Property Plant Equipment—£7,341—£12,855—£7,258
Disposals Property Plant Equipment—£29,364—£25,703—£12,331
Finance Lease Liabilities Present Value Total£8,000£8,000£5,600£3,200£800£40,067
Fixed Assets————£107,379£119,707
Increase From Amortisation Charge For Year Intangible Assets————£2,055£2,740
Increase From Depreciation Charge For Year Property Plant Equipment£13,007£10,140£17,582£37,380£39,211£32,772
Intangible Assets————£11,645£11,645
Intangible Assets Gross Cost————£13,700£13,700
Other Taxation Social Security Payable—£0£17,462£22,115£12,718£43,709
Prepayments£10,786£10,786£10,144£10,644£17,983£19,474
Property Plant Equipment£38,410£38,410£29,132£51,653£107,379£108,062
Property Plant Equipment Gross Cost£51,417£44,938£85,041£165,292£205,186£207,064
Total Additions Including From Business Combinations Intangible Assets————£13,700—
Total Additions Including From Business Combinations Property Plant Equipment£51,417£22,885£40,103£105,954£39,894£14,209
Total Inventories————£0£10,580
Trade Debtors Trade Receivables£36£36£14,157£22,520£21,926£44,059

Documents

Compulsory strike-off action has been discontinued

17/12/2025

View

First Gazette notice for compulsory strike-off

16/12/2025

Confirmation statement

10/12/2025

View

Total exemption full accounts made up to 30 September 2024

26/06/2025

View

Compulsory strike-off action has been discontinued

18/12/2024

View

First Gazette notice for compulsory strike-off

17/12/2024

View

Confirmation statement

13/12/2024

View

Annual Accounts

Accounts for the accounting period ending on: 30/09/2024

Filed: 30/09/2024

View

Total exemption full accounts made up to 30 September 2023

28/06/2024

View

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YoY total assets (2023 vs 2024)YoY total assets
-116.1%
YoY net current assets (2023 vs 2024)YoY net current assets
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Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Growth

YoY total assets (2020 vs 2021)
-47.1%
YoY net current assets (2020 vs 2021)
+20.8%
YoY total assets (2021 vs 2022)
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YoY net current assets (2021 vs 2022)
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  1. –Lutterworth
  2. –PORTREE LTD
YoY net current assets (2022 vs 2023)
+94.6%
YoY total assets (2023 vs 2024)
-116.1%
YoY net current assets (2023 vs 2024)
-1,588.9%

Working capital & liquidity

Net current assets (2019)
-£55,872
Net current assets (2020)
-£55,872
Net current assets (2021)
-£44,273
Net current assets (2022)
-£37,022
Net current assets (2023)
-£1,996
Net current assets (2024)
-£33,710

Capital structure

Equity ratio (2023)
56%
Liabilities to total assets (2023)
44%
Liabilities to equity (2023)
0.78×
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