Dolphin Sails Limited

Dolphin Sails Ltd from Harwich UK is a small company with an active status, established 33 years ago in 1991. The business employs 24 people and holds £570,484 in assets, operating from a real address. Two directors and two owners manage the company, though the owner list may not be exhaustive. Dolphin Sails regularly imports toys, games, and sports equipment, with the latest import occurring in May 2024, and exports various textile products, sets, used clothing, and rags, with the last export in December 2024.

The company's website highlights its expertise in sail and marine cover making, blending technology and tradition to create products for coastal cruising, racing, and even Grand Prix events. Dolphin Sails caters to both recreational and professional sailors, offering services like sail repair, custom covers, and even disaster recovery for damaged pianos. The company also has a separate division dedicated to high-end piano restoration, operating from Cambridge and even showcasing its work in Harrods. It’s a family-run business with a long history, emphasizing British craftsmanship.

Financially, Dolphin Sails Ltd shows some concerning trends. Cash reserves have fallen by nearly 50%, dropping to £93,000, while bank borrowings have decreased, reaching £28,000. Current assets have also decreased by 9%, falling to £570,000. However, creditors have significantly decreased, falling by 27%, suggesting improved debt management. Trade debtors have increased substantially, rising by 56%, which could indicate an increase in sales but also potential difficulties in collecting payments. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decrease in equity and cash reserves warrants attention. The financial statements are unaudited, as is common for small companies, so the figures rely on internal reporting.

Registered in England/Wales under the registration number 02637441, with a registered address at CO12 4DN, England, Harwich, 400 400 Main Road.

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