Complete Marine Freight Ltd

Complete Marine Freight Ltd, based in Chichester, UK, is a small holding company with an active status, founded nine years ago. The company employs four people and holds £1,103,458 in assets, though its registered address is likely virtual, as 220 companies share the same location. It's managed by three directors and owned by one entity. Complete Marine Freight operates as an irregular importer of machinery, boilers, and mechanical appliances (parts imported for two months, last operation in 2021), and a regular exporter of electrical machinery and equipment (exported for four months, last operation in 2022).

The company’s website showcases a global yacht transport service, catering to clients seeking to ship boats worldwide. It offers a range of services, from full yacht shipping to spares delivery and race team logistics, emphasizing a personal and transparent approach. The site highlights experience, with references to nautical miles shipped and boats handled, and boasts a network of partners. It’s clear that Complete Marine Freight is focused on providing specialized logistics solutions for the yachting industry, with a strong emphasis on customer service and reliability.

Financially, Complete Marine Freight Ltd is facing some challenges. Current assets have plummeted by a significant 61%, falling to £1,100,000, while net assets have dropped dramatically by 96%, leaving just £74,000. Bank borrowings have increased, and cash reserves have been depleted, suggesting the company is burning through cash. Trade debtors have risen considerably, indicating potential difficulties in collecting payments. While the company’s small size (meeting two of three criteria for a small company) allows for agility, the sharp decline in equity raises concerns. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Despite these pressures, the company’s website and services suggest a focus on a niche market, and it's likely they are attempting to navigate these financial headwinds while maintaining their reputation for specialized yacht transport.

Registered in England/Wales under the registration number 09858743, with a registered address at PO20 2EW, England, Chichester, West Sussex, Drayton House, Drayton Lane.

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