Iml Marine Management Limited

IML Marine Management Ltd, based in Whitchurch, UK, is a small, holding company with an active status, having been established 38 years ago in 1986. The company employs five people and holds assets valued at £421,660. With two directors and two owners, it operates from a real address and has a history of irregular importing and exporting. It’s a holding company, and the business is a small one, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company specializes in the worldwide shipment of trucks, cranes, construction, and mining equipment, offering RoRo, container, and conventional shipping services. It caters to both single machine shipments and complete vessel charters, emphasizing a personal service and professionalism. Its website highlights a long-established shipping route connecting Northern Europe and the Mediterranean with Middle Eastern ports, and it’s also a world leader in the transportation of cranes and other project cargoes.

Financially, IML Marine Management Ltd shows some concerning trends. Current assets have decreased by 24% to £420,000, while net assets have fallen by 21% to £140,000. Bank borrowings have increased significantly, and cash reserves have dropped considerably. Creditors have decreased by 58%, which could indicate improved debt management, but the overall picture suggests a period of financial pressure. The company’s turnover is not mentioned, but it’s likely to be relatively small given its size and the decrease in assets. With no auditor mentioned, the financial statements are unaudited. The company's small size and the decrease in assets raises questions about its long-term viability, but it’s clear that the company is trying to maintain a strong presence in the shipping industry.

Registered in England/Wales under the registration number 02028875, with a registered address at SY13 2AF, Whitchurch, Shropshire, Heath Paddocks, Prees Heath.

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