Digital Yacht Ltd

Digital Yacht Ltd, based in Bristol, UK, is a small, active company established 21 years ago in 2003. Employing ten people and holding assets of £807,572, it operates a real address and is led by one director and owner. The business runs an e-commerce site and regularly imports electrical machinery and equipment (60 months of activity, last in January 2025) and exports optical and medical tools and devices (88 months of activity, also last in January 2025). The company operates in the manufacture of electronic components industries.

While the website isn's available for review, it's likely focused on marine electronics and related equipment, given the company name. The e-commerce presence suggests a direct-to-consumer sales model, complementing its import and export activities.

Financially, Digital Yacht Ltd presents a mixed picture. Current assets increased by 6.2% to £810,000, while net assets rose 9.9% to £670,000. Bank borrowings increased significantly by 400% to £48,000, and cash reserves grew 27% to £160,000. Creditors remained relatively stable, decreasing slightly by -0.59% to £140,000. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of an auditor is not unusual for a small company.

The increase in bank borrowings could indicate investment in inventory or expansion efforts, while the growing cash reserves suggest improved cash flow management. The company’s steady import and export activity points to established supply chains and a reliable customer base. It's worth noting that the company's net losses deepened from -£10,000 to -£23,000, which is a concern. The director acknowledges his responsibilities under Companies Act.

Registered in England/Wales under the registration number 04838747, with a registered address at BS48 1UR, England, Bristol, 6 Farleigh Court Old Weston Road, Flax Bourton.

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