Marine & General Services Limited

Marine & General Services Ltd, based in Poole, UK, is a small, active company founded 22 years ago. With a single employee and £112,431 in assets, it operates from a real address and is overseen by two directors and a solo founder. The company is a irregular importer, bringing in machinery, boilers, and mechanical appliances – parts for just one month, with the last import operation in July 2023. Conversely, it’s a regular exporter of iron or steel products, with seven months of export activity and the last operation in June 2024.

The company's website, the7.co.uk, lists Marine & General Services Ltd alongside a wide range of businesses across the UK, suggesting it's a directory rather than a dedicated e-commerce platform. The company’s profile on the site details services as a welder and steel fabricator, with a physical address at 7 Allens Lane, Hamworthy. It also mentions related companies, including Marina’s Dressmaking Services and MVM Sheet Metal Fabrications Ltd, hinting at potential diversification or shared resources.

Financially, Marine & General Services Ltd shows a mixed picture. Accumulated depreciation for land and buildings increased by 50%, while plant and machinery depreciation grew by 5.6%. Bank borrowings decreased by 7.6%, but overdrafts remained relatively stable. Creditors also decreased, suggesting better debt management. However, current assets saw a significant increase of 49%, and trade debtors ballooned by 220%. 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 remain nimble, but the increase in trade debtors could indicate challenges in collecting payments. As a small company, it is exempt from an audit, relying on unaudited financial statements. The company’s continued operation, despite these financial fluctuations, demonstrates its resilience in a competitive market.

Registered in England/Wales under the registration number 04439147, with a registered address at BH16 5DA, England, Poole, 5a Allens Lane.

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