Hms Marine Supplies Limited

Hms Marine Supplies Ltd from Poole UK: a small, active company founded 17 years ago, employs two people, and holds £195,952 in assets. It’s a real address with two directors and one owner, running an e-commerce site and regularly importing vehicles, parts, and accessories – though its import activity has slowed to just six months, with the last operation occurring in 2018. The company operates in both manufacturing and retail, offering a wide range of marine and leisure products.

The HMS Marine Supplies website showcases a diverse catalog, from lighting and chandlery to bedding and cushions. It’s a family-run business emphasizing quality products at affordable prices, with a large selection of low-voltage LED lighting and a growing range of marine-grade fabrics. Customers can even find a bespoke upholstery service through its sister company, HMS Upholstery. The site offers free postage within the UK and accepts PayPal payments, with card payments requiring a phone call.

Financially, Hms Marine Supplies Ltd presents a mixed picture. While current assets increased by 55% to £200,000, and net assets grew by 43% to £170,000, there are some concerning trends. Trade debtors have skyrocketed by 1,200%, reaching £49,000 – a significant increase that could indicate difficulties in collecting payments. Bank borrowings have also risen, though at a more modest 2,400% to £29,000. Cash reserves, however, fell by 50% to £56,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the surge in debtors warrants closer scrutiny. As a small company, it is exempt from an audit, relying on unaudited financial statements.

Registered in England/Wales under the registration number 06543455, with a registered address at BH12 4PZ, England, Poole, Dorset, Unit 3 Brixey Business Park, 18-26 Fancy Road.

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