Boatcraft Ltd

Boatcraft Ltd, based in Ardrossan, UK, is a small, active company established fifteen years ago. With three employees and £66,558 in assets, it operates from a real address at Clyde Marina. The company, owned by Barrowman Robert John and Lindsay Donald George, has two directors and a Google rating of 3.0 based on just two reviews. Boatcraft is an irregular importer, primarily dealing in iron or steel products, with recent activity recorded in January 2025.

The company’s website showcases a marine services business specializing in yacht and motorboat repairs, teak decking, water heating, and air conditioning systems. It's a Webasto main dealer for Scotland and Cumbria, offering a range of services from thruster fitting to full-material repairs. The website also highlights a division specializing in high-end piano restoration, operating from Cambridge and even featuring a showroom in Harrods. This suggests a diversification of business lines beyond marine services.

Financially, Boatcraft Ltd presents a mixed picture. Current assets have fallen by 13% to £67,000, while net assets have plummeted a staggering 37000% to -£1800. Bank borrowings have decreased by 42%, and cash reserves have dropped by nearly 50% to £33,000. Creditors have also fallen, suggesting some improvement in debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the significant equity decline is concerning. No auditor is mentioned, reflecting its exemption as a small company.

While the marine services and piano restoration divisions appear to be operating, the financial data indicates a period of strain. Whether the company can leverage its diverse offerings to overcome these challenges remains to be seen.

Registered in Scotland under the registration number SC376761, with a registered address at KA22 8DB, Ardrossan, Ayrshire, Clyde Marina, The Harbour.

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