Aecor Marine Ltd

Aecor Marine Ltd, based in Belfast, UK, is a small, active company founded nine years ago. Employing nine people and holding £7,514,757 in assets, it operates from a real address and is managed by two directors and two owners. The company is an irregular importer of aluminum and aluminum products (imported for two months, last operation in January 2025) and a regular exporter of plastics and plastic products (exported for sixteen months, last operation in February 2025).

Aecor Marine specializes in marine outfitting, providing a full-service approach to rejuvenating public areas, passenger cabins, and crew areas on passenger vessels worldwide. Established in 2016, the company boasts a team of experienced project managers, engineers, and travel experts, leveraging 40 years of combined experience within the marine sector. Their website highlights a portfolio of work including restaurants, bars, theatres, and cabins, catering to a global clientele. The company’s operations are divided between Belfast and Southampton, with dedicated teams at each location.

Financially, Aecor Marine Ltd shows a mixed picture. Current assets decreased slightly by 1.8% to £7,500,000, while net assets increased by 7.6% to £8,800,000. Cash bank on hand saw a significant jump of 25% to £3,900,000, indicating improved liquidity. However, trade debtors plummeted by a staggering 80% to £720,000, which could signal issues with customer payments or a shift in credit policies. Creditors decreased by 61% to £500,000, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decrease in debtors warrants closer attention. As a small company, it’s likely exempt from a full audit, relying on unaudited financial statements.

Overall, Aecor Marine Ltd appears to be navigating a complex financial landscape, with strong cash reserves offset by challenges in collecting payments from customers.

Registered in Northern Ireland under the registration number NI636371, with a registered address at BT9 6BS, Northern Ireland, Belfast, 20 College Gardens.

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