- Companies
- Property developers
- Hove
- Portland Mortgages Limited
Portland Mortgages Limited
- Company number
- 02574950
- Incorporated
- 18 Jan 199135 years trading
- Registered office
- 148 Portland Road, Hove, East Sussex, BN3 5QL
- Nature of business
- Development of building projects
Portland Mortgages Limited is a 35-year-old private limited company registered in Hove, company number 02574950, one of 174 property development companies in Hove. Its next accounts are due at Companies House on 31 December 2026, and the CT600 for the period to 31 March 2026 is due at HMRC on 31 March 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
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Finances
From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.
- Net assets down £59K (-63.5%) on the year before, to -£151K.
- Net assets rose in 6 of 9 year-on-year comparisons on record.
- Current assets of £2.2M against £460K owed within a year: 4.8 times cover.
- 3 employees on average during the year.
- Balance sheets on record for 10 years, 2016 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 Mar 2025 | -£151K | £2.2M | £460K | 3 | |
| 31 Mar 2024 | -£93K | £134K | £2.7M | £846K | 3 |
| 31 Mar 2023 | -£222K | £240K | £3.3M | £933K | 2 |
| 31 Mar 2022 | £423K | £161K | £3.7M | £582K | 2 |
| 31 Mar 2021 | £252K | £915K | £4.5M | £1.4M | 2 |
| 31 Mar 2020 | £145K | £482K | £4M | £1M | 2 |
| 31 Mar 2019 | -£13K | £396K | £4.8M | £1.2M | 2 |
| 31 Mar 2018 | -£81K | £57K | £5.1M | £1.4M | 2 |
| 31 Mar 2017 | -£264K | £113K | £5.9M | £1.6M | 2 |
| 31 Mar 2016 | -£255K | £101K | £6.1M | £1.7M |
Who runs and owns Portland Mortgages Limited
From the Companies House register. Individuals are shown by initials only; the full register is on Companies House.
Officers (3)
| Name | Role | Appointed |
|---|---|---|
| J*** B*** | Director | Jan 1991 |
| T*** B*** | Director | Apr 2007 |
| J*** B*** | Director | Mar 2025 |
7 former officers
| Name | Role | Appointed | Left |
|---|---|---|---|
| D*** S*** | Secretary | Aug 1992 | May 2023 |
| J*** S*** | Secretary | Jan 1991 | Aug 1992 |
| Mbc Secretaries Limited | Corporate Nominee Secretary | Jan 1991 | Jan 1991 |
| R*** S*** | Director | Jan 1991 | Oct 1991 |
| D*** S*** | Director | Jan 1991 | May 2023 |
| G*** S*** | Director | Apr 2007 | May 2023 |
| Mbc Nominees Limited | Nominee director (company) | Jan 1991 | Jan 1991 |
People with significant control (3)
Charges (secured borrowing)
All 25 registered charges have been satisfied. A charge is security a lender takes over a company's assets, typically for a loan, mortgage or asset finance.
| Lender | Status | Registered |
|---|---|---|
| National Westminster Bank PLC | Satisfied Jan 2016 | Aug 2008 |
| National Westminster Bank PLC | Satisfied Jan 2016 | Aug 2008 |
| A private lender | Satisfied Jul 2016 | Apr 2008 |
| A private lender | Satisfied Jul 2016 | Apr 2008 |
| A private lender | Satisfied Jul 2016 | Apr 2008 |
| Aib Group (UK) PLC | Satisfied Jul 2016 | Aug 2007 |
| National Westminster Bank PLC | Satisfied Jul 2014 | May 2007 |
| National Westminster Bank PLC | Satisfied Jan 2016 | May 2007 |
| National Westminster Bank PLC | Satisfied Jan 2016 | May 2007 |
| National Westminster Bank PLC | Satisfied Oct 2015 | May 2007 |
| National Westminster Bank PLC | Satisfied Jan 2016 | May 2007 |
| National Westminster Bank PLC | Satisfied Jan 2016 | May 2007 |
| National Westminster Bank PLC | Satisfied Jan 2016 | May 2007 |
| National Westminster Bank PLC | Satisfied Jan 2016 | May 2007 |
| National Westminster Bank PLC | Satisfied Nov 2015 | May 2007 |
| National Westminster Bank PLC | Satisfied Nov 2007 | May 2007 |
| National Westminster Bank PLC | Satisfied Dec 2015 | May 2007 |
| National Westminster Bank PLC | Satisfied Oct 2014 | May 2007 |
| Aib Group (UK) PLC | Satisfied Jul 2016 | Nov 2006 |
| Aib Group (UK) PLC | Satisfied Jul 2016 | Aug 2006 |
| Aib Group (UK) PLC | Satisfied Sep 2016 | Aug 2006 |
| Aib Group (UK) PLC | Satisfied Feb 2015 | Aug 2006 |
| Aib Group (UK) PLC | Satisfied Apr 2007 | Aug 2006 |
| Aib Group (UK) PLC | Satisfied Apr 2007 | Jul 2004 |
| Aib Group (UK) PLC | Satisfied Apr 2007 | Jul 2004 |
Where Portland Mortgages Limited is registered
The registered office is in Hove (BN3), in the Brighton and Hove local authority area, South East. Show BN3 5QL on a map.
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What happens if Portland Mortgages Limited files late
Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 31 December 2026.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 Jan 2027 to 31 Jan 2027 | £150 |
| 1 to 3 months late | 1 Feb 2027 to 31 Mar 2027 | £375 |
| 3 to 6 months late | 1 Apr 2027 to 30 Jun 2027 | £750 |
| More than 6 months late | From 1 Jul 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Apr 2027 | £200 |
| 3 months late | 30 Jun 2027 | another £200 |
| 6 months late | 30 Sep 2027 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 31 Mar 2028 | another 10% of any unpaid tax |
For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.
Company details
As held on the Companies House register.
- Company number
- 02574950
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 18 January 1991 (35 years ago)
- Registered office
- 148 Portland Road, Hove, East Sussex, BN3 5QL
- Nature of business
- Development of building projects (SIC 41100)
- Year end
- 31 March (accounting reference date)
- Accounts type
- Micro-entity
- Last accounts made up to
- 31 March 2025
- Last confirmation statement
- 13 March 2026
- Charges (mortgages)
- 0 outstanding of 126 registered
Filing notes for property development companies
Many property development companies are single-project vehicles. Stock of land and buildings sits on the balance sheet as work in progress until sale, and a company that has finished its project may become dormant rather than close.
Similar companies in Hove
Other active property development companies registered in Hove.
- PR Homes Direct Limited1999
- Prime Surbiton Properties Ltd2020
- R Way Properties Ltd2025
- R.C.Ward and Son Limited1985
- R.H. Davies (Southern) Limited1973
- Ravenswood Developments Limited2017
- Raygone Limited2006
- Riviera Developments Limited2025
All property development companies in Hove · All trades in Hove · Property developers across the UK
Frequently asked questions
When are Portland Mortgages Limited's accounts due?
Portland Mortgages Limited's next accounts are due at Companies House by 31 December 2026 (in 78 days), covering the period to 31 March 2026.
When is Portland Mortgages Limited's CT600 due?
The CT600 for the period to 31 March 2026 is due at HMRC by 31 March 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 January 2027.
Is Portland Mortgages Limited still trading?
Portland Mortgages Limited is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.
What does Portland Mortgages Limited do?
Portland Mortgages Limited is registered under Development of building projects (SIC 41100).
How old is Portland Mortgages Limited?
Portland Mortgages Limited was incorporated on 18 January 1991, 35 years ago.
Who runs Portland Mortgages Limited?
Portland Mortgages Limited has 3 active directors, the longest-serving appointed in Jan 1991. Their names and service addresses are on the Companies House register.
Who owns Portland Mortgages Limited?
3 people or companies have significant control of Portland Mortgages Limited: an individual (has significant influence or control); an individual (owns 25% to 50% of the shares); an individual (owns 25% to 50% of the shares).
What is the penalty if Portland Mortgages Limited files its accounts late?
Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.
Official records
View Portland Mortgages Limited on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.