Chas. Newens Marine Co. Limited

Chas. Newens Marine Co. Limited, based in Putney, London, is a family-run business with a 45-year history. This small company, currently active, employs nine people and holds £370,673 in assets. It operates from a real address and is overseen by three directors and two owners. The company runs an e-commerce site and has a Google rating of 3.0 based on just two reviews. It’s known for importing ships, boats, and floating structures irregularly (for two months, with the last operation in June 2024) and exporting them regularly (for ten months, with the last operation in January 2025).

The company’s website showcases a wide range of marine equipment and services, from dinghy sales and outboard servicing to RYA training and custom boat covers. It operates as a full-service chandlery, offering everything from paints and hardware to navigation equipment and safety gear. The site is well-organized, with clear categories and a user-friendly search function. It also features a blog with helpful tips and advice for boat owners.

Financially, Chas. Newens Marine Co. Limited presents a mixed picture. Current assets have decreased by 5.4% to £370,000, while net assets have increased by 160% to £79,000. Bank borrowings have surged by 36%, reaching £27,000, and cash reserves have fallen significantly by 96% to just £190. Creditors have also decreased by 65%, which is a positive sign. 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 it to remain flexible, but the sharp decline in cash reserves is a cause for concern. The company is exempt from an audit, so the financial information is unaudited.

Despite the financial challenges, Chas. Newens Marine Co. Limited appears to be a well-established business with a loyal customer base. Its long history, family ownership, and commitment to customer service are all strengths. However, the company will need to carefully manage its finances in the coming months to ensure its long-term success.

Registered in England/Wales under the registration number 01475402, with a registered address at SW15 1LB, England, Putney, London, Ashlone Wharf Boat Yard, Embankment.

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