PORTRAIL GROUP (FLOATING PIERS) LIMITED

💤Zombieactive
SC345505 · ltd · incorporated 2008-07-09
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: SIC 52220
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 52241SIC 52241
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

26 live charges · 9 lenders · oldest 17.4y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 17.4 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
26 charges (26/26 with lender, 26/26 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
58
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 change-of-name
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (72 events)Click to expand
  1. 2026-01-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-11-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-10-24
    🔒
    Charge registered #26
    Lender: Cynergy Business Finance Limited
  4. 2025-10-23
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  5. 2025-10-23
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  6. 2025-10-21
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  7. 2025-10-21
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  8. 2025-10-21
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  9. 2025-10-21
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  10. 2025-10-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-10-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2025-10-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2025-10-14
    🔒
    Charge registered #25
    Lender: Cynergy Business Finance Limited
  14. 2025-10-14
    🔒
    Charge registered #24
    Lender: Cynergy Business Finance Limited
  15. 2025-10-14
    🔒
    Charge registered #23
    Lender: Cynergy Business Finance Limited
  16. 2025-06-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2025-01-14
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  18. 2025-01-07
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  19. 2024-12-28
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  20. 2024-12-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2024-12-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2024-12-24
    🔒
    Charge registered #22
    Lender: Aggregate Industries UK Limited (As Security Agent)
  23. 2024-12-24
    🔒
    Charge registered #21
    Lender: Aggregate Industries UK Limited (As Security Agent)
  24. 2024-12-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2024-12-19
    🔒
    Charge registered #20
    Lender: Cynergy Business Finance Limited (Company Number 13322121)
  26. 2024-10-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2024-09-09
    FERGUSON, Thomas resigned
    director
  28. 2024-06-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  29. 2023-04-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  30. 2021-02-05
    FERGUSON, Thomas appointed
    director
  31. 2021-01-07
    🔓
    Charge satisfied #11
  32. 2021-01-06
    🔓
    Charge satisfied #10
  33. 2021-01-06
    🔓
    Charge satisfied #9
  34. 2021-01-06
    🔓
    Charge satisfied #8
  35. 2021-01-06
    🔓
    Charge satisfied #7
  36. 2021-01-06
    🔓
    Charge satisfied #5
  37. 2021-01-06
    🔓
    Charge satisfied #4
  38. 2021-01-06
    🔓
    Charge satisfied #3
  39. 2021-01-06
    🔓
    Charge satisfied #2
  40. 2020-12-06
    JENNINGS, Richard Edward appointed
    director
  41. 2020-12-06
    FERGUSON, Tom resigned
    secretary
  42. 2020-12-06
    SCOTT, John resigned
    director
  43. 2020-12-06
    🔒
    Charge registered #19
    Lender: Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
  44. 2020-12-06
    🔒
    Charge registered #18
    Lender: Scrp Fund I Finance S.À R.L as Security Agent
  45. 2020-12-06
    🔒
    Charge registered #17
    Lender: Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
  46. 2020-12-06
    🔒
    Charge registered #16
    Lender: Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
  47. 2020-12-06
    🔒
    Charge registered #15
    Lender: Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
  48. 2020-12-06
    🔒
    Charge registered #14
    Lender: Scrp Fund I Finance S.À R.L as Security Agent
  49. 2020-12-06
    🔒
    Charge registered #13
    Lender: Scrp Fund I Finance S.À R.L as Security Agent
  50. 2020-12-06
    🔒
    Charge registered #12
    Lender: Scrp Fund I Finance S.A.R.L (As Security Agent)
Showing most recent 50 of 72 events

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 med · 1 low
4 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2025-10-24: A registered charge; 2025-10-14: A registered charge; 2025-10-14: A registered charge

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-01-13: certificate-change-of-name-company

15 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Jst Ports And Logistics Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Jst Ports And Logistics Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
PORTRAIL GROUP (FLOATING PIERS) LIMITED
This company · SC345505

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Jst Ports And Logistics Holdings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/12/2020
1 historic (ceased) PSC
  • Mr John Scottceased 06/12/2020· 75-100% shares · 75-100% voting · board control · significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2008-07-09
Jurisdictionscotland
Primary SIC52220 — SIC 52220

Registered office

Highfield Business Park
St.Quivox
Ayr
KA6 5HQ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-23
Last: 2025-07-09

Officers (1 active · 6 resigned)

JENNINGS, Richard Edward
director · ~63y · appointed 2020-12-06
View their other companies + combined net worth →
Active
FERGUSON, Tom
secretary · appointed 2008-07-09 · resigned 2020-12-06
Resigned
BRIAN REID LTD.
corporate-secretary · appointed 2008-07-09 · resigned 2008-07-09
Resigned
FERGUSON, Thomas
director · ~59y · appointed 2021-02-05 · resigned 2024-09-09
Resigned
SCOTT, John
director · ~66y · appointed 2008-07-09 · resigned 2020-12-06
Resigned
STODDART, Neil
director · ~54y · appointed 2011-01-10 · resigned 2012-05-31
Resigned
STEPHEN MABBOTT LTD.
corporate-director · appointed 2008-07-09 · resigned 2008-07-09
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

26
Total charges
15
Outstanding
6
Active lenders
Status:Lender:26 of 26 shown
TypeProperties
outstanding
Cynergy Business Finance
Cynergy Business Finance Limited
A registered charge1 property24/10/2025
outstanding
Cynergy Business Finance
Cynergy Business Finance Limited
A registered charge1 property14/10/2025
outstanding
Cynergy Business Finance
Cynergy Business Finance Limited
A registered charge1 property14/10/2025
outstanding
Cynergy Business Finance
Cynergy Business Finance Limited
A registered charge14/10/2025
outstanding
Aggregate Industries UK (As Security Agent)
Aggregate Industries UK Limited (As Security Agent)
A registered charge1 property24/12/2024
outstanding
Aggregate Industries UK (As Security Agent)
Aggregate Industries UK Limited (As Security Agent)
A registered charge1 property24/12/2024
outstanding
Cynergy Business Finance (Company Number 13322121)
Cynergy Business Finance Limited (Company Number 13322121)
A registered charge19/12/2024
outstanding
Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
A registered charge1 property06/12/2020
outstanding
Scrp Fund I Finance S.À R.L as Security Agent
A registered charge1 property06/12/2020
outstanding
Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
A registered charge06/12/2020
outstanding
Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
A registered charge1 property06/12/2020
outstanding
Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
A registered charge1 property06/12/2020
outstanding
Scrp Fund I Finance S.À R.L as Security Agent
A registered charge1 property06/12/2020
outstanding
Scrp Fund I Finance S.À R.L as Security Agent
A registered charge06/12/2020
outstanding
Scrp Fund I Finance S.A.R.L (As Security Agent)
A registered charge06/12/2020
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge28/11/201806/01/2021
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge1 property28/11/201806/01/2021
satisfied
Virgin Money
Clydesdale Bank PLC
A registered charge1 property19/11/201807/01/2021
satisfied
Virgin Money
Clydesdale Bank PLC
Mortgage of a ship1 property08/03/201306/01/2021
satisfied
Virgin Money
Clydesdale Bank PLC
Deed of covenants1 property22/02/201306/01/2021
satisfied
Virgin Money
Clydesdale Bank PLC
Mortgage of a ship1 property05/08/201109/08/2018
satisfied
Virgin Money
Clydesdale Bank PLC
Mortgage of a ship1 property05/08/201106/01/2021
satisfied
Virgin Money
Clydesdale Bank PLC
Deed of covenant1 property27/07/201106/01/2021
satisfied
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Deed of covenant1 property27/07/201106/01/2021
satisfied
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Floating charge1 property27/07/201106/01/2021
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property08/12/200820/08/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (107 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-01-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-06
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-10-23
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-10-23
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-10-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-10-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-10-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-10-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-25
accounts-with-accounts-type-small
accounts · AA
2025-06-25
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-01-14
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-01-07