Gardner Marine Limited

Gardner Marine Limited, based in Hersden, UK, is a small, active company founded 18 years ago. With ten employees and £739,050 in assets, it’s a real address operation run by a single director and owner, Harrison Michael Steel. The company, a solo founder, regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 10 months of import activity and 51 months of export activity recorded. It’s a home of the Gardner engine, providing sales, support and servicing worldwide.

The company’s website details a full range of services, from engine rebuilding and sales to on-site servicing and parts supply. It caters to both classic yacht owners and commercial vessels, emphasizing traditional craftsmanship and original factory machinery. A separate division, 1066 Pianos, reveals a different venture: high-end piano restoration.

Financially, Gardner Marine Limited shows a mixed bag. Current assets decreased by 1.1% to £740,000, while net assets increased by 5.4% to £760,000. Bank borrowings decreased by 2.5% to £10,000, and cash reserves increased by 2.6% to £540,000. Trade debtors decreased by 51% to £46,000, suggesting improved collections. The company meets two of three criteria for being a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). As a small company, it is exempt from an audit, so the figures are unaudited.

The increase in net assets and cash reserves is a positive sign, but the decrease in trade debtors could indicate a slowdown in sales. The company's ability to maintain its reputation for quality and service will be key to its continued success.

Registered in England/Wales under the registration number 05936567, with a registered address at CT3 4JH, Hersden, Kent, 4k Sparrows Way, Lakesview Business Park.

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