Cdt Marine Ltd

CDT Marine Ltd, based in Dartmouth, Devon, is a small company with an active trading status. Founded in 2014, the company employs five people and holds £740,000 in assets. With a real registered address and a single director, Mr Christopher Tracey, at the helm, it’s a well-established operation. The company’s core business involves the sale of new and used boats, alongside a range of related services.

CDT Marine's website showcases a diverse portfolio of boats, including Buster, Moomba, and Supra models, alongside inflatable boats and electric propulsion systems. They also act as a UK distributor for Moomba and Supra wakeboard/wakesurf boats and a main dealer for Buster boats. Beyond sales, the website highlights services like marine engineering, GRP repair, and boat transport. Recent news posts cover boating in Dartmouth, tides, and a training day with Team GB. The website is clearly focused on serving the boating community, with a strong emphasis on sales and service.

Financially, CDT Marine Ltd presents a mixed picture. While turnover remains substantial at around £1.1 million, net assets have decreased by 13% to -£290,000. Cash reserves have fallen by 46% to £16,000, and creditors have increased by 86% to £110,000. Fixed assets have also seen a significant decline of 39% to £140,000. The increase in creditors, alongside the negative equity, suggests the company is facing financial pressures, possibly needing to manage its debts more effectively. The company is exempt from an audit, so the figures are unaudited. Despite these challenges, the increase in debtors by 48% could indicate growing sales, but also potentially delayed payments. It’s likely that the company is working hard to maintain its position in the market, but the financial data suggests a need for careful management.

Registered in England/Wales under the registration number 11618590, with a registered address at TQ6 9LX, United Kingdom, Dartmouth, Devon, 7 Collingwood Close, Townstal Industrial Estate.

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