Caley Cruisers Limited

Caley Cruisers Limited, based in Inverness, UK, is a small, active company established 49 years ago in 1976. With 43 employees and £2,375,452 in assets, it’s a well-established player in the Scottish boating industry. The company operates from a real address and is overseen by five directors, with Hogan James Mackenzie as the sole owner. It’s a regular importer of ships, boats, and floating structures, having imported for 49 months, and has recently begun exporting, with three months of export activity recorded.

The company’s primary focus is providing boating holidays on Loch Ness and the Caledonian Canal. Its website showcases a large fleet of modern motor cruisers, ranging from smaller vessels to larger family boats, all equipped for self-charter cruises. The site highlights the scenic beauty of the area, instructional videos, and a strong emphasis on customer service, including a 24-hour support service. Customer reviews are overwhelmingly positive, praising the friendly staff, well-maintained boats, and overall enjoyable experience. The company has even featured in Channel 4's "Great Canal Journeys," showcasing its expertise and the appeal of its offerings.

Financially, Caley Cruisers Limited presents a mixed picture. Cash bank on hand increased significantly by 37%, reaching £740,000, while current assets also rose by 14% to £2,400,000. However, net assets grew by only 3.1% to £4,700,000, suggesting that while the company is generating revenue, it’s also taking on more liabilities. Creditors increased by 28%, reaching £970,000, and trade creditors rose by a substantial 97%, to £630,000. Bank borrowings also increased, although the details of this are not clear. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in debt warrants monitoring. As a small company, it’s exempt from an audit, so the figures are unaudited.

The rise in liabilities, coupled with the increased reliance on bank borrowings, could indicate a period of expansion or investment in the fleet. The positive customer reviews and the company’s long-standing reputation suggest that it’s well-positioned to continue thriving, but careful financial management will be crucial to navigate these trends.

Registered in Scotland under the registration number SC059313, with a registered address at IV3 8NF, Inverness, Highland, Canal Road.

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