Marine Conservation Research Ltd

Marine Conservation Research Ltd, based in Colchester, UK, is a small, active company established fifteen years ago in 2009. With just two employees and £104,524 in assets, it operates from a virtual address shared by fifty-two other companies, raising some questions. The company has two directors and two owners, though the list of owners hasn't been updated in eight years.

The company’s primary activities involve irregular importing of electrical machinery and equipment (last import in April 2024) and exporting optical and medical tools and devices (last export in May 2022). It operates within the "other business support service activities n.e.c." industry.

Looking at the financial data, Marine Conservation Research Ltd shows a mixed picture. Accumulated depreciation on its plant and machinery has increased by 6.1%, suggesting ongoing investment in equipment. Bank borrowings have decreased by 14%, which is a positive sign, and cash reserves have increased by 21%. However, creditors have also decreased, which could be a good or bad thing depending on the circumstances. The company’s net assets have increased by 23%, which is a good sign, but it’s important to note that this is based on unaudited figures.

The company meets the criteria for being a small business, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The increase in depreciation suggests ongoing investment, but the decrease in cash reserves could indicate that the company is burning through money. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on director-reported data. It's likely that the company is facing some challenges, but it's also well-positioned to continue operating in its niche market.

Registered in England/Wales under the registration number 06991743, with a registered address at CO2 7BA, Colchester, Essex, Ground Floor Southway House, 29 Southway.

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