Portland Tools (1998) Limited in Lincoln, LN5 8HG

Description

Data updated on: 01-11-2023

Portland Tools (1998) started conducting its business in 1998 as a Private Limited Company under the ID 03558920. The business has been prospering for 26 years and it's currently active. This firm's registered office is located in Lincoln at Unit 1 Pelham Centre. You could also locate the firm by the post code : LN5 8HG. This business's principal business activity number is 47520: Retail sale of hardware, paints and glass in specialised stores. 2022-05-31 is the last time when the company accounts were reported.

Due to the following firm's growth, it was necessary to choose extra executives: Anthony S. and David C. who have been aiding each other since 1998 for the benefit of the following limited company. Furthermore, the director's responsibilities are often helped with by a secretary - David C., who was selected by the limited company in 2010.

David C. is the individual who controls this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	149 104	170 268	168 213	175 419	179 409	195 480

Balance Sheet
Cash Bank In Hand	95 201	92 638	99 149	128 330	138 143	133 725
Cash Bank On Hand						133 725	118 063	139 619	141 764	137 981	182 106	122 508	83 948
Current Assets	238 128	251 862	271 342	292 859	300 432	325 815	316 044	340 082	344 968	315 470	362 133	297 902	260 497
Debtors	54 546	47 087	57 974	57 289	62 210	66 118	65 082	61 936	78 968	43 302	70 177	55 694	71 779
Net Assets Liabilities						195 480	208 213	226 367	234 918	247 935	235 912	203 528	186 240
Net Assets Liabilities Including Pension Asset Liability	149 104	170 268	168 213	175 419	179 409	195 480
Other Debtors						200	200	200	200	200	200	200	200
Property Plant Equipment						1 025	859	913	1 991	3 500	3 322	5 377
Stocks Inventory	88 381	112 137	114 219	107 240	100 079	125 972
Tangible Fixed Assets	7 535	5 855	4 124	2 443	1 224	1 025
Total Inventories						125 972	132 899	138 527	124 236	134 187	109 850	119 700	104 770

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	148 104	169 268	167 213	174 419	178 409	194 480
Shareholder Funds	149 104	170 268	168 213	175 419	179 409	195 480

Other Financial Data
Accrued Liabilities Deferred Income						25 138	12 659	8 062	5 578	19 479	19 547	39 966	1 700
Accumulated Amortisation Impairment Intangible Assets													39
Accumulated Depreciation Impairment Property Plant Equipment						18 594	18 760	18 921	19 158	19 532	20 084	20 706	7 568
Average Number Employees During Period						6	6	6	5	5	6	6	6
Corporation Tax Payable						6 533	4 408	4 248	2 963	3 515	7 748	3 844	2 377
Creditors						131 155	108 520	114 455	111 663	70 370	128 912	98 729	79 905
Creditors Due Within One Year		86 278	106 428	119 394	122 002	131 155
Fixed Assets	7 535	5 855										5 377	6 701
Future Minimum Lease Payments Under Non-cancellable Operating Leases						13 500	13 500	14 125
Increase From Amortisation Charge For Year Intangible Assets													39
Increase From Depreciation Charge For Year Property Plant Equipment							166	161	237		552	622	65
Intangible Assets												1 200	1 161
Intangible Assets Gross Cost												1 200
Net Current Assets Liabilities	141 569	165 584	164 914	173 465	178 430	194 660	207 524	225 627	233 305	245 100	233 221	199 173	180 592
Number Shares Allotted			1 000	1 000	1 000	1 000
Other Taxation Social Security Payable						659	656	696	977	1 010	464	501	1 384
Par Value Share			1	1	1	1
Prepayments Accrued Income						2 643	2 795	2 543	2 756	4 942	5 279	3 564	2 155
Property Plant Equipment Gross Cost						19 619	19 619	19 834	21 149	23 032	23 406	26 083	27 225
Provisions For Liabilities Balance Sheet Subtotal						205	170	173	378	665	631	1 022	1 053
Provisions For Liabilities Charges	0	1 171	825	489	245	205
Share Capital Allotted Called Up Paid		1 000	1 000	1 000	1 000	1 000
Tangible Fixed Assets Additions		108			450
Tangible Fixed Assets Cost Or Valuation	19 061	19 169	19 169	19 169	19 619
Tangible Fixed Assets Depreciation	11 526	13 314	15 045	16 726	18 395	18 594
Tangible Fixed Assets Depreciation Charged In Period			1 731	1 681	1 669	199
Total Additions Including From Business Combinations Property Plant Equipment								215	1 315		374	2 677	1 142
Total Assets Less Current Liabilities	149 104	171 439	169 038	175 908	179 654	195 685	208 383	226 540	235 296	248 600	236 543	204 550	187 293
Trade Creditors Trade Payables						89 583	81 890	88 283	92 906	41 588	92 653	45 055	62 917
Trade Debtors Trade Receivables						63 275	62 087	59 193	76 012	38 160	64 698	51 930	69 424
Advances Credits Directors			147
Advances Credits Made In Period Directors			147
Creditors Due Within One Year Total Current Liabilities	96 559	86 278
Tangible Fixed Assets Depreciation Charge For Period		1 788