Carine Yachts Limited

Carine Yachts Limited is a small, active company based in Poole, UK, founded fifteen years ago in 2009. With a single employee and £129,898 in assets, it's a solo founder operation managed by one director and owner, Noble Andrew Martin. The company operates from a real address and is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the last import activity occurring in June 2024. Carine Yachts Limited is registered in England/Wales with the registration number 06962716.

The company’s website, carine-yachts.co.uk, showcases a comprehensive yacht ownership experience, offering sales, management, and servicing. It’s clear that Carine Yachts Limited is focused on high-end yacht services, with listings for brokerage yachts, new boats (including Northmaster models), and a focus on yacht guardianship. Testimonials on the site highlight the company’s professionalism, knowledge, and responsiveness, suggesting a strong reputation within the yachting community. The website’s design and content indicate a focus on attracting discerning yacht owners seeking a full-service solution.

Financially, Carine Yachts Limited presents a mixed picture. While current assets have increased significantly by 210% to £130,000, net assets have jumped 250% to £10,000. Bank borrowings have seen a dramatic surge of 600%, reaching £85,000, while cash reserves have fallen by 36% to £26,000. Creditors have also increased substantially by 380%, reaching £160,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt and decrease in cash reserves suggest it’s burning through money. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Carine Yachts Limited appears to be a well-regarded service provider in the yachting sector, but its financial health is a concern. The company’s success will depend on its ability to manage its debt and maintain its reputation for quality service.

Registered in England/Wales under the registration number 06962716, with a registered address at BH14 8DA, England, Poole, 132a Sandbanks Road.

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