A-2-sea Solutions Limited

A2 Sea Solutions Ltd, based in Romsey, UK, is a large, active company established 28 years ago. With 47 employees and £11,709,882 in assets, it’s a significant player in its field, generating £17,817,082 in revenue annually. The company, with five directors and a solo founder, Feinberg Stephen Andrew, holds a respectable 4.0-star rating on Google based on five reviews. It operates from a real address and has a long history of importing and exporting optical and medical tools and devices – 49 months of imports and 35 months of exports, respectively.

The company's website highlights its expertise in submarine cable survey services. A2 Sea Solutions provides design, development, and manufacture of universal land and beach joints, along with shallow water cable jointing. They also offer hydrographic and geophysical survey services, cable installation, maintenance, and repair, and operate survey vessels like the Mintaka and Morven. A key innovation is the DRAX system, an automated X-ray camera for inspecting submarine cable joints—a two-year research and development project. The website emphasizes customer service and caters to sectors like telecomms and offshore wind farms.

Financially, A2 Sea Solutions Ltd shows some concerning trends. Accrued liabilities and deferred income increased significantly by 280%, reaching £3.2 million, while amounts owed by group undertakings decreased by 11%. Amounts recoverable on contracts fell dramatically by 67%, dropping to £1 million. Bank borrowings surged, and cash bank on hand increased by 51%, reaching £4.6 million. Depreciation expenses for plant and machinery increased by 26%, and administrative expenses rose by 23%. Turnover revenue increased by a substantial 99%, but net assets increased by only 23%. The company’s large size (meeting two of three criteria for a large company) and increased turnover suggest growth, but the significant increase in liabilities and decrease in recoverable amounts warrants closer scrutiny. The accounts are audited by Hopper Williams & Bell Limited. Overall, A2 Sea Solutions Ltd appears to be growing, but managing its financial obligations will be crucial for its continued success.

Registered in England/Wales under the registration number 03223673, with a registered address at SO51 0HR, Romsey, Hampshire, Unit 15 Romsey Industrial Estate.

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