Mallaig Marine Ltd.

Mallaig Marine Ltd from Mallaig UK is a small, active company founded sixteen years ago in 2009. Employing thirteen people and holding £874,136 in assets, it’s a family business with three directors and two owners. The company is a irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation made on February 01, 2024.

The company operates in the sea and coastal freight water transport, and marine aquaculture industries. Its website details services including mooring installations, aquaculture support, and marine services. Established in 2009, Mallaig Marine Ltd initially built a landing craft, the *Emma C*, for Marine Harvest Scotland Ltd, providing support services for seven years. The addition of the *Annie E* in 2017 expanded its capacity for lifting, towing, and cargo transportation. The website also highlights the company’s expertise in private commercial mooring maintenance and cargo transportation for other companies.

Financially, Mallaig Marine Ltd shows a mixed picture. Current assets decreased by 12% to £870,000, while net assets dropped 26% to £1.6 million. Bank borrowings remained steady at £240,000, but cash reserves fell 19% to £620,000. Creditors decreased by 25%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The company is exempt from an audit, so the figures are unaudited.

It seems that the company is facing some financial pressures, but its established services and family-run nature could help it weather the storm.

Registered in Scotland under the registration number SC357180, with a registered address at PH40 4PA, Mallaig, Inverness-Shire, Glengorm, Morar.

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