PORTRAIL GROUP (FLOATING PIERS) LIMITED
- 52241SIC 52241
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 change-of-name
- • 1 mortgage
Corporate timeline (72 events)Click to expand
- 2026-01-13✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-11-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-24🔒Charge registered #26Lender: Cynergy Business Finance Limited
- 2025-10-23📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-23📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-14🔒Charge registered #25Lender: Cynergy Business Finance Limited
- 2025-10-14🔒Charge registered #24Lender: Cynergy Business Finance Limited
- 2025-10-14🔒Charge registered #23Lender: Cynergy Business Finance Limited
- 2025-06-25📄accounts-with-accounts-type-smallaccounts · AA
- 2025-01-14📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-01-07📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-12-28📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-12-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-24🔒Charge registered #22Lender: Aggregate Industries UK Limited (As Security Agent)
- 2024-12-24🔒Charge registered #21Lender: Aggregate Industries UK Limited (As Security Agent)
- 2024-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-19🔒Charge registered #20Lender: Cynergy Business Finance Limited (Company Number 13322121)
- 2024-10-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-09➖FERGUSON, Thomas resigneddirector
- 2024-06-14📄accounts-with-accounts-type-smallaccounts · AA
- 2023-04-27📄accounts-with-accounts-type-smallaccounts · AA
- 2021-02-05➕FERGUSON, Thomas appointeddirector
- 2021-01-07🔓Charge satisfied #11
- 2021-01-06🔓Charge satisfied #10
- 2021-01-06🔓Charge satisfied #9
- 2021-01-06🔓Charge satisfied #8
- 2021-01-06🔓Charge satisfied #7
- 2021-01-06🔓Charge satisfied #5
- 2021-01-06🔓Charge satisfied #4
- 2021-01-06🔓Charge satisfied #3
- 2021-01-06🔓Charge satisfied #2
- 2020-12-06➕JENNINGS, Richard Edward appointeddirector
- 2020-12-06➖FERGUSON, Tom resignedsecretary
- 2020-12-06➖SCOTT, John resigneddirector
- 2020-12-06🔒Charge registered #19Lender: Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
- 2020-12-06🔒Charge registered #18Lender: Scrp Fund I Finance S.À R.L as Security Agent
- 2020-12-06🔒Charge registered #17Lender: Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
- 2020-12-06🔒Charge registered #16Lender: Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
- 2020-12-06🔒Charge registered #15Lender: Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties
- 2020-12-06🔒Charge registered #14Lender: Scrp Fund I Finance S.À R.L as Security Agent
- 2020-12-06🔒Charge registered #13Lender: Scrp Fund I Finance S.À R.L as Security Agent
- 2020-12-06🔒Charge registered #12Lender: Scrp Fund I Finance S.A.R.L (As Security Agent)
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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 lowHeavy 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
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
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
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.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Jst Ports And Logistics Holdings Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/12/2020 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (1 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 1 property | 24/10/2025 | — | |
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 1 property | 14/10/2025 | — | |
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 1 property | 14/10/2025 | — | |
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | — | 14/10/2025 | — | |
| outstanding | Aggregate Industries UK (As Security Agent) Aggregate Industries UK Limited (As Security Agent) | A registered charge | 1 property | 24/12/2024 | — | |
| outstanding | Aggregate Industries UK (As Security Agent) Aggregate Industries UK Limited (As Security Agent) | A registered charge | 1 property | 24/12/2024 | — | |
| outstanding | Cynergy Business Finance (Company Number 13322121) Cynergy Business Finance Limited (Company Number 13322121) | A registered charge | — | 19/12/2024 | — | |
| outstanding | Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties | A registered charge | 1 property | 06/12/2020 | — | |
| outstanding | Scrp Fund I Finance S.À R.L as Security Agent | A registered charge | 1 property | 06/12/2020 | — | |
| outstanding | Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties | A registered charge | — | 06/12/2020 | — | |
| outstanding | Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties | A registered charge | 1 property | 06/12/2020 | — | |
| outstanding | Scrp Fund I Finance S.À R.L as Security Agent for the Secured Parties | A registered charge | 1 property | 06/12/2020 | — | |
| outstanding | Scrp Fund I Finance S.À R.L as Security Agent | A registered charge | 1 property | 06/12/2020 | — | |
| outstanding | Scrp Fund I Finance S.À R.L as Security Agent | A registered charge | — | 06/12/2020 | — | |
| outstanding | Scrp Fund I Finance S.A.R.L (As Security Agent) | A registered charge | — | 06/12/2020 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | — | 28/11/2018 | 06/01/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 28/11/2018 | 06/01/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 19/11/2018 | 07/01/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Mortgage of a ship | 1 property | 08/03/2013 | 06/01/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Deed of covenants | 1 property | 22/02/2013 | 06/01/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Mortgage of a ship | 1 property | 05/08/2011 | 09/08/2018 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Mortgage of a ship | 1 property | 05/08/2011 | 06/01/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Deed of covenant | 1 property | 27/07/2011 | 06/01/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Deed of covenant | 1 property | 27/07/2011 | 06/01/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 27/07/2011 | 06/01/2021 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 08/12/2008 | 20/08/2011 |