# PORTLANDS DEVELOPMENT LTD (15167251)

> PORTLANDS DEVELOPMENT LTD is an active private limited company (company number 15167251) incorporated on 26 September 2023, registered in London. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 30 September 2025, showing net assets of −£11k and cash of £26k, with 0 employees on average. Net assets fell 1616% on the prior period (−£616).

- Status: Active
- Incorporated: 2023-09-26
- Registered office: London, N14 6LN
- SIC 68100: Buying and selling of own real estate
- SIC 68201: Renting and operating of Housing Association real estate
- SIC 68209: Other letting and operating of own or leased real estate
- SIC 68320: Management of real estate on a fee or contract basis
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-10-10
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 36,125 comparable companies in London (median £1, upper quartile £17k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | −£11k | £26k | — | £140k | — | — | 0 |
| 2024-09-30 | −£616 | £10k | — | £114k | — | — | 0 |

current ratio 0.19; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-10,571 at 30 September 2025
- Net assets down 25% or more on the prior period: -1616.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.19
- Incorporated two to five years ago: Incorporated 26 September 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Domonic Dionne John Philby — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-09-26

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/15167251
HTML: https://firmoscan.com/company/15167251-portlands-development-ltd
