How much does Portview Fit-Out Limited make?

Portview Fit-Out Limited reported revenue of £110m and £21.5m profit in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Portview Fit-Out Limited have?

Portview Fit-Out Limited reported an average of 138 employees in the year to 30 Nov 2024.

Is Portview Fit-Out Limited profitable?

Yes — Portview Fit-Out Limited reported a profit of £21.5m in the year to 30 Nov 2024.

Company No. NI010862 · Incorporated 5 Sep 1975

Portview Fit-Out Limited

Registered name: PORTVIEW FIT-OUT LIMITED

Part of Portview Specialists Holdings Limited group

Portview Fit-Out Limited made £110m revenue and £21.5m profit in the year to 30 Nov 2024.

Portview Fit-Out Limited’s revenue grew 48% to £110m in the year to 30 Nov 2024, with £21.5m profit and 138 employees. The company is classified under “other building completion and finishing” and is based in Belfast; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43390Other building completion and finishing

Status: Active
Location: Belfast, Northern Ireland
Age: 51 yrs · since 1975
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: “Portview Holdings Limited”

Latest accounts · year to 30 Nov 2024

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£110m

Growth ▲48.2%

Profit

£21.5m

Growth ▲250%

Profit margin

19.6%

Gross 31.7%

Employees

138

Change ▼0.7%

Profit / employee

£156k

Revenue/employee £794k

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	30 Nov 2022	30 Nov 2023	30 Nov 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£54.3m	£74m	£110m
Cost of sales	£44.6m	£59.3m	£74.9m
Gross profit	£9.8m	£14.7m	£34.7m
Operating profit	£3.8m	£7.6m	£28.1m
Profit before tax	£3.9m	£8m	£28.6m
Profit after tax	£3.8m	£6.1m	£21.5m
Profit (best available)	£3.8m	£6.1m	£21.5m
Staff costs	£8.8m	£11.7m	£11.9m
Employees (average)	130	139	138
Ratios
Profit margin	6.9%	8.3%	19.6%
Gross margin	18%	19.9%	31.7%
Revenue per employee	£418k	£532k	£794k
Profit per employee	£28.9k	£44.2k	£156k
Growth (year on year)
Revenue growth	—	▲36.1%	▲48.2%
Profit growth	—	▲63.8%	▲250%
Headcount growth	—	▲6.9%	▼0.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£16.2m	£11.1m	£30.3m
Net assets	£19.9m	£11.9m	£13.4m
Fixed assets	£951k	£909k	£228k
Current assets	£33.2m	£31.3m	£48.5m
Debtors	£6.6m	£1.2m	£3.6m
Deferred income	£7.8m	£12.8m	£26.2m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 19.6%; Profit ÷ revenue.
Gross margin: 31.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £794k; Revenue ÷ average employees.
Profit per employee: £156k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 23.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.3%; 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: ▲13%; Now £13.4m
Cash at bank: ▲172%; Now £30.3m
Headcount: ▼1%; Now 138
Deferred income: ▲105%; Now £26.2m
Fixed assets: ▼75%; Now £228k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Portview Specialists Holdings Limitedultimate parent75–100%
Portview Holdings Limited75–100%
Portview Fit-Out Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £21.5m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.

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