Portland House Development Company Newcastle Limited

Key Facts

Net Assets

Current: £3,297,815

Previous: £2,298,412

Change: +999,403 (+43.5%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £861,131

Previous: £1,249,920

Change: -£388,789 (-31.1%)

Comment: Current assets fell significantly.

Cash

Current: £705,507

Previous: £1,078,255

Change: -£372,748 (-34.6%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £16,736,586

Previous: £16,097,016

Change: +£639,570 (+4%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £15,875,455

Previous: £14,847,096

Change: +£1,028,359 (+6.9%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £12,900,330

Previous: £12,914,867

Change: -£14,537 (-0.1%)

Comment: Fixed assets decreased slightly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.