Coastworks Operations Limited

Coastworks Operations Ltd, based in Fairlie, Scotland, is a small, active company founded 17 years ago. With nine employees and £1,108,528 in assets, it operates from a real address and is overseen by three directors and two owners. Google users rate it 4.0 out of 5 based on eight reviews. The company is an irregular importer, primarily dealing in ships, boats, and floating structures, with the latest import activity recorded just one month ago.

Coastworks specializes in providing workboats, tugs, barges, pontoons, and safety boats for charter. Its website highlights its services to the dredging, marine construction, harbour maintenance, and renewable energy industries. The fleet includes highly adaptable vessels, with a focus on workboats suitable for pipelaying, dredging, and crane operations, as well as well-maintained tugs and a growing fleet of barges. The company emphasizes a centralized management structure and strong customer relationships, boasting a team with 30 years of experience in the workboat and dredging industries.

Financially, Coastworks shows a mixed picture. While average employee numbers increased slightly by 11%, cash reserves declined by 17% to £460,000. Bank borrowings have risen considerably, with current instruments up 9.6% and non-financial instruments up a substantial 46%, totaling £340,000. Creditors, however, have decreased by 18%, suggesting improved debt management. Assets remained relatively stable at £1,100,000. The company's small size—meeting two of three conditions for a small company—allows for flexibility, but the increase in bank borrowings and decline in cash warrant attention. As a small company, it is exempt from an audit, so the financial data is unaudited.

Registered in Scotland under the registration number SC343371, with a registered address at KA29 0AW, Fairlie, Ayrshire, 8 Allanton Park Terrace.

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