Dromeas Yachts International Limited

Dromeas Yachts International Ltd, based in Bournemouth, UK, is a small, active company established four years ago. With a single employee and £446,563 in assets, it operates from a real address and is overseen by one director and two owners. The company regularly imports machinery, boilers, and mechanical appliances – parts, with the last import occurring three months ago. It also exports electrical machinery and equipment, with eight months of export activity recorded, the latest in June 2024.

The company’s website showcases a passion for the sea, highlighting its production of yachts designed for safety and high-quality adventures, whether exploring with family or engaging in activities like swimming, diving, or fishing. The website emphasizes a love story in every yacht, encouraging customers to share their experiences. It also features a dealer locator and a newsletter signup for updates.

Financially, Dromeas Yachts International Ltd presents a mixed picture. Cash bank on hand has dramatically decreased by 98%, dropping to just £170, while creditors have risen by 27% to £680,000. Trade debtors have also seen a significant drop – 90% – to £37,000. Despite this, current assets have increased slightly, by 9.4%, to £450,000. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the decline in equity – now at -£230,000 – is a cause for concern. The company's financial statements are unaudited and prepared on the basis of the going concern, dependent on continued support of the shareholders.

The description why the entity is not going or uncertain over going status states that the financial statements do not include any adjustments that would result if such support is withdrawn.

Registered in England/Wales under the registration number 13270438, with a registered address at BH8 8EX, United Kingdom, Bournemouth, Dorset, Russell House, Oxford Road.

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