G.a.s.e. Marine Ltd

G.a.s.e. Marine Ltd, based in Ashford, UK, is a small, active company founded 24 years ago in December 2000. Employing just one person, it holds £525,264 in assets and operates from a real address in Kennington, with one director and one owner, Adrian Etheridge. The company regularly imports machinery, boilers, and mechanical appliances; parts, with the latest activity in January 2025, and exports these items irregularly, last recorded in September 2023. It’s a specialist in the repair and maintenance of ships and boats.

The company's website is minimal, offering no detailed information about its services beyond its core business. There's no e-commerce functionality visible, suggesting a business-to-business model rather than direct sales to consumers. The company operates primarily through word-of-mouth and established industry contacts.

Financially, G.a.s.e. Marine Ltd presents a mixed picture. Current assets increased by 4.6% to £530,000, while cash bank on hand saw a significant boost of 39%, reaching £350,000. However, trade debtors experienced a substantial drop of 33%, falling to £150,000—perhaps indicating improved collections or a shift in customer payment terms. Creditors also decreased slightly, by 2.7%, and the company’s equity grew by 5.1% to £480,000. The company is classified as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, a common exemption for small companies.

Despite the positive trends in cash flow and equity, the decrease in trade debtors warrants attention. It could be a temporary fluctuation or a sign of potential credit risk. The company’s reliance on a single employee also presents a vulnerability, and the lack of a formal auditor means the financial statements are based solely on director-reported data. The company's focus on the repair and maintenance of ships and boats industries is a niche market, which could provide stability, but also limits growth potential.

Registered in England/Wales under the registration number 04129013, with a registered address at TN24 9JU, Ashford, Kent, 67 Tadworth Road, Kennington.

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