Fjord Maritime Uk Ltd

Fjord Maritime Uk Ltd, based on the Isle of Arran, UK, is a small, active company founded just three years ago in 2022. It holds £239,088 in assets and operates from a real address shared by two other companies. The company has two directors and, interestingly, no owners reported – likely one of the directors holds the shares. It’s a regular importer of electrical machinery and equipment, with four months of import activity recorded, the last in June 2024. The company’s activities fall under "other professional, scientific and technical activities n.e.c." industries.

The company’s website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform or provides services directly. Without a website, it’s hard to assess the scale of its operations beyond its import activities.

Financially, Fjord Maritime Uk Ltd presents a mixed picture. Cash bank on hand has surged by a staggering 170,000%, reaching £140,000, while accrued liabilities remain steady at £1,500. However, amounts owed to group undertakings have dramatically increased by 1,800%, reaching £160,000. Creditors have risen by 70%, reaching £320,000, and trade debtors have fallen by nearly 50%, dropping to £96,000. Equity has plummeted by 2,000%, ending at -£86,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the financial statements are unaudited.

The sharp increase in cash and decrease in debtors could indicate a successful period of sales, but the substantial rise in amounts owed to group undertakings and creditors suggests potential financial strain. The negative equity is concerning, but it's important to remember that this is a young company, and these figures are subject to change. The lack of employees (zero reported) indicates a lean operation, but it also limits the company's ability to scale.

Registered in Scotland under the registration number SC724055, with a registered address at KA27 8AJ, United Kingdom, Isle Of Arran, Alexanders, Brodick.

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