Coastal Rides Ltd

Coastal Rides Ltd, based in Dover, UK, is a small, family-run business with an active trading status. Founded seventeen years ago in 2008, the company employs eight people and holds £163,169 in assets. It operates from a real address and is overseen by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 6 months of import activity recorded. It also exports these same items, with a substantial 102 months of export activity.

The company’s website, Coastalrides, is an Aladdin's cave of boat parts for boat owners across the globe. It specializes in selling boat parts, engine components, sterndrives, electronics, and more. The site offers a wide range of products, from Raymarine instruments to Volvo Penta parts, catering to a global customer base. It also provides services like boat fit-out, deck instrument installation, and even offers a selection of used parts. Customer testimonials highlight the company's helpfulness and fast delivery, with many praising the team's readiness to assist.

Financially, Coastal Rides Ltd shows a mixed picture. Cash bank on hand decreased by 16%, falling to £67,000. Trade debtors also fell by 24%, dropping to £21,000. However, creditors decreased by 18%, suggesting improved debt management. Net assets increased by 22%, reaching £140,000. Borrowings remained consistent at £10,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's financial data suggests a period of adjustment, with some areas showing improvement while others remain a concern. The ongoing export activity, combined with a strong online presence, indicates a continued focus on serving the marine industry. It’s a small business, but it’s clearly working hard to keep boats running smoothly.

Registered in England/Wales under the registration number 06576543, with a registered address at CT17 9FE, Dover, Kent, Old Harbour Station, Elizabeth Street.

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