Extreme Marine (sw) Ltd

Extreme Marine (sw) Ltd, based in Bristol, UK, is a small, active company established 21 years ago in 2003. With a single employee and £41,079 in assets, it operates from a registered address that's likely virtual, sharing space with nineteen other companies. Two directors and one owner—Charles Christopher David—lead the business, which enjoys a stellar 5.0 Google rating from 82 reviews. The company’s primary activity involves importing optical and medical tools and devices, with just two months of import activity recorded as of December 2024.

The company's website, though not detailed, indicates a focus on sporting goods, specifically a dive centre. It's a private limited company, and the business operates in the other sports activities industries. The website suggests a focus on quality and British craftsmanship, but lacks specifics about the business model.

Financially, Extreme Marine (sw) Ltd shows a mixed picture. Cash reserves increased significantly by 88%, reaching £41,000, which is a good sign. However, net assets decreased by 81%, falling to just £100, and retained earnings plummeted, suggesting potential losses or significant withdrawals. Trade creditors increased by 6.4%, reaching £28,000, which could indicate increased reliance on credit from suppliers. Bank borrowings were eliminated, which is positive. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned, which is standard for small companies.

The company's recent increase in depreciation charges for its plant machinery could be a sign of increased activity or aging equipment. Overall, while the increase in cash is encouraging, the decline in equity raises questions about the company’s long-term financial health. It's likely that the company is facing challenges in maintaining profitability despite its strong Google rating and niche market focus.

Registered in England/Wales under the registration number 04912669, with a registered address at BS15 9QQ, Bristol, South Gloucestershire, 33 Hopps Road, Kingswood.

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