Marine Ai Ltd

Marine Ai Ltd, based in Plymouth, UK, is a small, active company founded seven years ago in 2017. With a single employee and £464,256 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer, primarily bringing in electrical machinery and equipment, with the last import occurring in August 2024. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Marine Ai Ltd specializes in design activities and research and experimental development within the natural sciences and engineering industries. Its website is non-existent, making it difficult to gauge its online presence or e-commerce activities.

The company’s financial picture presents a mixed bag. While cash reserves have exploded by 28,000%, reaching £200,000, net assets have dramatically increased to £330,000. However, creditors have surged by 460%, reaching £140,000, and bank borrowings have increased by 37%, now at £34,000. Trade debtors have also risen significantly, now at £260,000. Depreciation on furniture fittings has increased by a staggering 2,100%, reaching £2,500, and property plant equipment has increased by 2,000%, now at £14,000. These changes suggest the company is investing in its operations, but also taking on more debt. The company is not audited, so the numbers are unaudited.

Overall, Marine Ai Ltd seems to be growing rapidly, but its increased debt levels warrant close monitoring. The company's focus on specialized design and research, combined with its irregular import activity, indicates a niche market strategy—but whether it can sustain this growth remains to be seen.

Registered in England/Wales under the registration number 11088766, with a registered address at PL9 9RQ, England, Plymouth, Turnchapel Wharf, Barton Road.

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