Intermarine Limited

Intermarine Ltd from Southampton UK: a small holding company with an active status, was founded 28 years ago. It employs ten people and holds assets worth £2,564,445. The company operates from a virtual address, managed by two directors and one owner. It regularly imports ships, boats, and floating structures (four months of imports) and exports aluminum and aluminum products (53 months of exports).

The company’s website, Intermarine Pontoon Systems, focuses on designing and building berthing pontoon systems in aluminum, steel, and concrete. They cater to a wide range of applications, from leisure marinas to commercial docking facilities. They hold ISO9001 and ISO14001 certifications, and work with specialist suppliers for various materials. Intermarine has a strong presence in the UK, Europe, and particularly the Netherlands and Portugal, and has completed over 1000 projects in 20 countries. They specialize in pontoons for the leisure industry, from single units to 500-berth marinas.

Financially, Intermarine Ltd presents a mixed picture. Accumulated depreciation for furniture fittings increased by 20%, while motor vehicle depreciation rose by 6.7%. Bank borrowings decreased by 29%, but amounts owed to group undertakings increased significantly by 270%. Cash reserves grew by 27% to £1,000,000, a positive sign. However, creditors increased by 22%, and net assets only grew by 8.4%. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the increase in creditors suggests a need to manage debt. The lack of an auditor mentioned, as is common for small companies, means these figures are unaudited.

Overall, Intermarine Ltd seems to be operating steadily, though it’s important to monitor the increasing debt levels. The pontoon systems business appears to be thriving, providing a solid foundation for the company’s future.

Registered in England/Wales under the registration number 03200735, with a registered address at SO50 9PD, United Kingdom, Southampton, Hampshire, Fleming Court Leigh Road, Eastleigh.

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