Gravesend Marine Limited

Gravesend Marine Ltd from Benfleet UK: small company, active status, founded 41 years ago, 2 employees, £97,043 assets, virtual address, 1 director, 1 owner. Regular importer of ships, boats, and floating structures (14 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (24 months exported). It’s a small, family-run business with a real registered address and a single director at the helm, operating for over four decades.

The company specializes in providing spare and replacement parts for Wartsila and Nohab diesel engines to clients worldwide. They dispatch orders from their location within 90 minutes of all London Airports, ensuring prompt delivery. Gravesend Marine prides itself on sourcing equipment from original European suppliers, offering overhauled components like cylinder heads, pistons, and water pumps. The website highlights a commitment to customer satisfaction and provides contact information for specialized parts and machinery spares. They’ve got a good selection of bearings, bushes, and cylinder head components, and even offer reconditioned parts.

Financially, Gravesend Marine Ltd presents a mixed picture. Current assets have increased by a respectable 29%, reaching £97,000, while cash reserves have skyrocketed by an impressive 1500%, now standing at £34,000. However, creditors have also risen by 14%, reaching £78,000, and net assets have declined by 9%, settling at -£94,000. Bank borrowings have decreased by 21%, to £17,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the equity decline warrants attention. The lack of an auditor mentioned suggests the company is exempt as a small company, relying on unaudited statements. The company's financial instruments have changed a lot, and it's a bit concerning.

Registered in England/Wales under the registration number 01734560, with a registered address at SS7 2QL, Benfleet, Essex, Broom House 39/43 London Road, Hadleigh.

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