68 Marine Solutions Ltd

68 Marine Solutions Ltd is a small, active company based in Woodbridge, UK, founded ten years ago in 2015. With £375,060 in assets and a real registered address, it’s a family-run business with two directors and two owners. The company employs four people and boasts a 3.0 Google rating from just two reviews. It's a regular importer of machinery, boilers, and mechanical appliances; parts, with 11 months of import activity recorded, the latest in January 2025.

The company’s website, 68 Marine Solutions Limited, focuses on the sale and servicing of Selva outboards. The site offers a range of services, including repairs, servicing, and the sale of new and used outboards, along with inflatable and GRP boats. It also features a blog and videos showcasing its expertise. The website clearly suggests a focus on marine engine sales and repairs, with a strong emphasis on Selva products.

Financially, 68 Marine Solutions Ltd presents a mixed picture. Current assets decreased by 27% to £380,000, while net assets increased by 28% to £300,000. Cash bank on hand increased significantly by 110% to £35,000. However, property, plant, and equipment declined by 20% to £94,000. Trade debtors increased by 12% to £76,000, while creditors decreased by 61% to £140,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decline in property, plant, and equipment is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, 68 Marine Solutions Ltd seems to be holding its own, with improved cash flow and reduced debt. The company’s focus on Selva outboards and its commitment to customer service appear to be paying off, but the long-term sustainability of its business model remains to be seen.

Registered in England/Wales under the registration number 09387477, with a registered address at IP12 3NU, United Kingdom, Woodbridge,, Suffolk,, 33 Short Walk, Butley,.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.