Boat Parts Direct Ltd

Boat Parts Direct Ltd, based in Plymouth, UK, is a small, active company established four years ago. It’s a solo founder operation with one employee and £17,492 in assets, operating from a real address. The company, led by a single director and owner, George Ryan Stephen, runs an e-commerce site specializing in marine parts. It's a regular exporter of electrical machinery and equipment, having exported for six months, with the last operation occurring in May 2024. The company’s activities include the repair and maintenance of ships and boats, and retail sales via mail order and the internet.

The website showcases a vast range of marine products, from fenders and ropes to engine parts and safety equipment. It caters to both recreational boaters and commercial operators, offering a comprehensive selection of parts and accessories. The site is available in multiple languages, including English, German, French, Spanish, and Italian, indicating a potential international customer base. It’s a well-organized site, with clear categories and detailed product descriptions.

Financially, Boat Parts Direct Ltd presents a mixed picture. While it meets the criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets are a modest £420. Cash on hand is £13,000, and debtors are £4,300. Creditors have remained steady at £17,000. The company's retained earnings are a mere £320, and share capital is £100. Bank borrowings are not mentioned. The lack of an auditor is typical for a small company, and the financial statements are unaudited.

The company’s small size and solo founder structure suggest a lean operation, but the low retained earnings and reliance on creditors could indicate financial strain. The recent export activity is a positive sign, but sustained growth will depend on attracting and retaining customers in a competitive market. It’s a small business navigating the challenges of e-commerce, with potential for growth but also vulnerabilities.

Registered in England/Wales under the registration number 13134292, with a registered address at PL7 5JX, United Kingdom, Plymouth, Devon, 5 Sandy Court, Ashleigh Way.

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