Blue Ocean Trading Ltd

Blue Ocean Trading Ltd from Westbury UK: micro company, active status, founded 13 years ago, 1 employee, £8,500 assets, real address, 2 directors, 1 owner. Regular importer of furniture, lighting, and prefabricated buildings (6 months imported). It’s a micro company as it met two conditions of three: turnover less than £632,000, balance sheet total less than £316,000, employees less than 10. The last reported current assets is £8,500.

The company operates in the wholesale of furniture, carpets and lighting equipment, the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store, the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, two directors, and one employee. It’s a regular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 6 months of imports. The last import operation was conducted on June 01, 2018.

The company’s website, blueoceantrade.eu, reveals a specialized focus on the fishing industry. Blue Ocean Trade provides services including arrangement and support of fishing operations, chartering of reefer transports, logistics solutions, and trade of frozen fish products. It caters to clients seeking to enter new fishing grounds or needing assistance with logistics and chartering. The company boasts a team of professionals with over 20 years of experience, highlighting a strong network of agents, brokers, and vessel owners. The website details the sourcing and procurement of frozen fish, emphasizing direct trade from trawlers. It lists specific products like Horsemackerel, Hake, Red Gurnard, Seabream, and Squid, outlining their sizes, grading, and catching seasons.

Financially, Blue Ocean Trading Ltd presents a mixed picture. Bank borrowings decreased by 25%, falling to £24,000, and bank overdrafts reduced by 13% to £5,800. However, cash bank on hand dropped significantly by 85%, leaving just £100. Creditors also declined by 2.5%, and current assets fell 24% to £11,000. Net assets decreased to -£16,000, a 14% drop, and net current assets fell 64% to £2,300. The company’s small size and reliance on owner investment are apparent, but the decline in assets and cash reserves suggests potential financial pressures. With no auditor mentioned, the figures are unaudited and should be viewed with caution. The company’s future success will likely depend on its ability to maintain its specialized fishing industry services and manage its financial resources effectively.

Registered in England/Wales under the registration number 07829831, with a registered address at BA13 4HR, England, Westbury, Unit 3 Westbury Industrial Estate, Station Road.

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