Boat Fittings Ltd

Boat Fittings Ltd from Hungerford UK: small company, active status, founded 7 years ago, 1 employee, £166,422 assets, real address, 2 directors, 1 owner, e-commerce site. Regular importer of iron or steel products (12 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. The company is a regular importer, with its top import category being Iron or Steel Products, totaling 12 months of imports. The last import operation was conducted on January 01, 2025.

Boat Fittings Ltd’s website showcases a comprehensive range of marine hardware and supplies, catering to both individual boat owners and trade customers. The site is well-organized, with clear categories like "Above Deck," "Below Deck," and "Electrical," alongside sections for "Care & Maintenance" and "Sale" items. The e-commerce functionality is evident, with a prominent "Cart" and "Check Out" button, and a search bar for easy navigation. The site also features a “Wire Rope Builder” tool, allowing customers to create custom wire rope assemblies. A blog provides helpful guides on boat maintenance and product selection.

Financially, Boat Fittings Ltd presents a mixed picture. Current assets increased by 15%, reaching £170,000, while net assets also rose by 26%, settling at £99,000. However, bank borrowings increased slightly, and cash reserves remained relatively stable at £62,000. The company’s single employee reported in March 2024 is a notable change from the previous year's report, which indicated three employees. While creditors remained consistent, the increase in bank borrowings suggests the company may be relying on external financing to support its operations. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Boat Fittings Ltd appears to be a steady, albeit small, business. The e-commerce platform seems well-developed, and the company’s focus on quality products and helpful advice could be a key differentiator. However, the slight increase in borrowing and the change in employee numbers warrant further monitoring to ensure long-term financial health.

Registered in England/Wales under the registration number 10777082, with a registered address at RG17 7RZ, England, Hungerford, Berkshire, Unit D Aerial Business Park, Lambourn Woodlands.

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