Carrington Boats Limited

Carrington Boats Limited, based in Little Puddleton, UK, is a small, active company with a real registered address and a single director, Mr J.C. Carrington. Founded in 2002, it employs 25 people – a significant increase from 16 last year – and holds £2,400,000 in cash. The company’s trading status is active, and it's subject to the small companies regime for accounts.

The company’s website, Carrington Boats, focuses on boat rentals and sales, with a particular emphasis on narrowboats. The site highlights a fleet of well-maintained boats available for holidays and longer-term rentals, catering to leisure and tourism markets. It also offers brokerage services for buying and selling boats, alongside maintenance and repair services. The company's focus on the River Thames and surrounding waterways is clear, with detailed information on mooring locations and cruising routes.

Financially, Carrington Boats Limited shows a mixed picture. Current assets have increased by a substantial 49% to £2,900,000, while net assets have doubled to £2,300,000. However, corporation tax payable has skyrocketed by 5900% to £180,000 – a potentially concerning trend. Bank borrowings have dramatically decreased by 97% to just £17,000, and cash reserves have grown by 65% to £2,400,000. Creditors have also decreased by 26% to £670,000, suggesting improved management of short-term liabilities. The company’s growth in employee numbers, coupled with the increase in cash reserves, indicates a period of expansion, though the large corporation tax liability warrants further investigation. The accounts are unaudited, and the audit firm is not mentioned.

The company’s retained earnings have increased by 110%, which is good, but the large tax bill could be a problem. It’s possible that the company has had a particularly profitable year, leading to higher tax obligations, or perhaps there’s an accounting issue that needs addressing.

Registered in England/Wales under the registration number 10969922, with a registered address at SO45 6HE, England, Southampton, Hampshire, Unit 2, Hythe Marine Park Shore Road, Hythe.

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