How much does Portico Shipping Limited make?

Portico Shipping Limited reported revenue of £16.8m and £38.3k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Portico Shipping Limited have?

Portico Shipping Limited reported an average of 168 employees in the year to 31 Mar 2025.

Is Portico Shipping Limited profitable?

Yes — Portico Shipping Limited reported a profit of £38.3k in the year to 31 Mar 2025.

Company No. 02012886 · Incorporated 22 Apr 1986

Portico Shipping Limited

Registered name: PORTICO SHIPPING LIMITED

Part of Portsmouth City Council group

Portico Shipping Limited made £16.8m revenue and £38.3k profit in the year to 31 Mar 2025. read from filing text

Portico Shipping Limited’s revenue grew 25% to £16.8m in the year to 31 Mar 2025, with £38.3k profit and 168 employees. The company is classified under “operation of warehousing and storage facilities for water transport activities” and is based in Portsmouth; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52101Operation of warehousing and storage facilities for water transport activities

Status: Active
Location: Portsmouth, South East
Age: 40 yrs · since 1986
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “From 30 June 2025 the immediate parent undertaking is Portico Holdings Limited, a company incorporated in England and Wales. The registered office of the immediate parent undertaking is Civic Offices,”

Latest accounts · year to 31 Mar 2025

Key figures

Doing more with lessCash flow filed

Revenue

£16.8m

Growth ▲24.9%

Profit

£38.3k

Growth ▼80.3%

Profit margin

0.2%

Gross 44.5%

Employees

168

Change ▼4%

Profit / employee

£228

Revenue/employee £100k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£15.2m	£13.5m	£16.8m
Cost of sales	£7.7m	£7.5m	£9.4m
Gross profit	£7.4m	£6m	£7.5m
Operating profit	£575k	£788k	£638k
Profit before tax	£78.9k	£195k	£38.3k
Profit after tax	£78.9k	£195k	£38.3k
Profit (best available)	£78.9k	£195k	£38.3k
Staff costs	£8m	£7.8m	£8.3m
Employees (average)	190	175	168
Ratios
Profit margin	0.5%	1.4%	0.2%
Gross margin	49.1%	44.6%	44.5%
Revenue per employee	£79.8k	£77.1k	£100k
Profit per employee	£415	£1.1k	£228
Cash conversion	−312.5%	−216.5%	−365.1%
Growth (year on year)
Revenue growth	—	▼11%	▲24.9%
Profit growth	—	▲147%	▼80.3%
Headcount growth	—	▼7.9%	▼4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£1.7m	£492k
Net assets	£5.2m	£5.4m	£5.5m
Fixed assets	£14.7m	£15.2m	£14.4m
Current assets	£10.5m	£12.1m	£10.2m
Debtors	£2.6m	£2.9m	£3m
Deferred income	£0	£1m	£0
Cash from operations	−£1.8m	−£1.7m	−£2.3m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 44.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £100k; Revenue ÷ average employees.
Profit per employee: £228; Profit ÷ average employees.
Cash conversion: −365.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 85.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲1%; Now £5.5m
Cash at bank: ▼71%; Now £492k
Headcount: ▼4%; Now 168
Deferred income: ▼100%; Now £0
Fixed assets: ▼5%; Now £14.4m

Corporate ownership

Group structure

Ownership chain

Portsmouth City Council (registered outside the UK register)ultimate parent75–100%
Portico Holdings Limited75–100%
Portico Shipping Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Portico Logistics LimitedFigures not disclosed
Portico Port Services LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £38.3k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.