Aquamare Marine Ltd

Aquamare Marine Ltd, based in Ivybridge, UK, is a small holding company with an active status, having been incorporated fifteen years ago in 2009. The company employs thirty-eight people and holds assets valued at £2,077,150. It operates from a real address at Lee Mill Industrial Estate and is overseen by four directors and a single owner. A key aspect of their business is an e-commerce site, facilitating online sales and support. They regularly import machinery, boilers, and mechanical appliances—parts, with 249 months of import activity recorded, the latest in February 2025. They also regularly export electrical machinery and equipment, with 282 months of export activity, also concluding in February 2025.

The company’s website showcases a diverse range of services, from boat building and design to refits, diagnostics, and servicing. They specialize in marine craftsmanship, offering bespoke refurbishment and upgrades for yachts. Beyond sales, Aquamare Marine provides parts, accessories, and a wide selection of brands like Actisense, Intellian, and Seakeeper. The site also features a blog with articles on topics like watertight doors and passerelles, demonstrating expertise in the marine industry.

Financially, Aquamare Marine Ltd shows a mixed picture. Current assets have decreased by 22%, dropping to £3.2 million, while net assets have fallen 20%, reaching £910,000. Bank borrowings have decreased by 16%, settling at £490,000, and cash reserves have fallen 10%, now at £280,000. Trade creditors have increased by 7.7%, reaching £340,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in equity raises questions. The accounts are unaudited, likely due to the company’s small size and exemption.

The company’s focus on high-end services and premium brands suggests a strategy of targeting a niche market. The decrease in cash reserves, however, may indicate challenges in managing working capital or increased investment in the business. The company's financial data is not audited, so it is not possible to verify the accuracy of the information.

Registered in England/Wales under the registration number 07062123, with a registered address at PL21 9GE, England, Ivybridge, Unit 2 East Way, Lee Mill Industrial Estate.

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