PORTCUTS LIMITED

Executive Summary

PORTCUTS LIMITED, a recently incorporated micro-entity in the hairdressing sector, exhibits significant solvency and liquidity risks as evidenced by negative net assets and current liabilities exceeding current assets. While regulatory compliance is up to date, the lack of employees and minimal operational assets raise concerns about business sustainability. Further examination of cash flow projections and operational plans is recommended to ascertain the company’s viability going forward.

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Company Documents

DateDescription
13/02/2513 February 2025 Micro company accounts made up to 2024-08-31

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11/02/2511 February 2025 Director's details changed for Mr Dana Abdulla on 2025-02-11

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11/02/2511 February 2025 Notification of Dana Abdulla as a person with significant control on 2023-08-08

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11/02/2511 February 2025 Confirmation statement made on 2024-12-28 with updates

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31/08/2431 August 2024 Annual accounts for year ending 31 Aug 2024

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28/12/2328 December 2023 Appointment of Mr Dana Abdulla as a director on 2023-12-28

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28/12/2328 December 2023 Registered office address changed from 138 Woodville Rd Cardiff CF24 4EE Wales to 2 Clarendon Road Southsea Portsmouth PO52EE on 2023-12-28

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28/12/2328 December 2023 Confirmation statement made on 2023-12-28 with updates

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28/12/2328 December 2023 Cessation of Sarkash Sdek as a person with significant control on 2023-12-28

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28/12/2328 December 2023 Termination of appointment of Sarkash Sdek as a director on 2023-12-28

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11/12/2311 December 2023 Director's details changed for Mr Sarkash Sdek on 2023-12-11

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11/12/2311 December 2023 Change of details for Mr Sarkash Sdek as a person with significant control on 2023-12-11

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08/12/238 December 2023 Registered office address changed from 138 Woodville Rd Cardiff CF24 4DY Wales to 138 Woodville Rd Cardiff CF24 4EE on 2023-12-08

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06/11/236 November 2023 Registered office address changed from 20 Wenlock Road London N1 7GU England to 138 Woodville Rd Cardiff CF244DY on 2023-11-06

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07/08/237 August 2023 Incorporation

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