Blu Marine Ltd
- Small
- Holding
- Active
- 17 years
- 10 employees
- £2,773,727 (assets)
- Real address
- 5 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Blu Marine Ltd, based in Eastleigh, UK, is a small holding company with an active status, having been founded seventeen years ago in 2007. The company employs ten people and holds assets valued at £2,773,727. It operates from a real address and is overseen by five directors and one owner. Blu Marine regularly imports iron or steel products (for ten months, with the last import in April 2024) and exports furniture, lighting, and prefabricated buildings (for three months, with the last export in March 2017).
The company’s website doesn’t provide much detail, suggesting a primarily business-to-business operation rather than direct consumer sales. It appears to focus on the repair and maintenance of ships and boats, a specialized industry.
Financially, Blu Marine Ltd presents a mixed picture. Current assets have increased by 17%, reaching £2,800,000, while net assets have surged by a significant 120%, reaching £2,100,000. Bank borrowings have increased dramatically by 280%, reaching £480,000, and cash reserves have risen by 24%, reaching £1,800,000. Creditors have decreased by 53%, indicating improved debt management. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
Notably, the company’s directors have increased their advances and credits by 280%, and the company has seen a decrease in depreciation impairment of property, plant, and equipment. The company is not required to obtain an audit, so the financial statements are unaudited.
Overall, Blu Marine Ltd appears to be in a healthy financial position, with growing assets and improved debt management. The increased borrowing suggests potential investment or expansion plans.
Registered in England/Wales under the registration number 06314757, with a registered address at SO50 9PD, England, Eastleigh, Fleming Court, Leigh Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Blu Group Ltd
- 7 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Brown Darren George
- 3 years
-
Resident of United Kingdom
-
Individual
- Mccoo Zhang Yuanyuan
- 4 years
- 2
-
Resident of United Kingdom
-
Individual
- Spence James Clifford
- 11 years
-
Resident of United Kingdom
-
Individual
- Mccoo George Craig
- 17 years
- 1
-
Resident of United Kingdom
-
Individual
- Mccoo Zhang Yuanyuan
- 17 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-01-31Download 8 pages pdf report
-
Confirmation statement made on 2024-07-12 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-01-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Blu Marine Ltd
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