Marine Design Hub Ltd

Marine Design Hub Ltd, based in Southampton, UK, is a small, active company founded four years ago. This solo-founded operation employs just one person and holds £25,583 in assets. With a real address and a single director and owner, it’s a compact team navigating the world of naval architecture.

The company's website showcases a range of services, primarily focused on pleasure craft and commercial vessel design, alongside RCD consultancy. It offers expertise in naval architecture, structural design, interior and exterior design, and systems design. The site also highlights a focus on high-end piano restoration, which is a bit surprising.

Financially, Marine Design Hub Ltd presents a mixed picture. Current assets have fallen significantly, dropping 46% to £26,000. Bank cash has also declined, down 31% to £24,000. Debtors have plummeted by a staggering 90%, which could indicate a slowdown in customer payments or a deliberate shift in credit terms. However, creditors have also decreased, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the decline in net assets—down 15% to £17,000—is a cause for concern. With no auditor mentioned, the figures are unaudited.

The company’s focus on specialized design services suggests a niche market, but the financial trends indicate a need to closely monitor cash flow and manage debt. It's likely that the company is burning through money, and the lack of employees could be a sign of a lean operation trying to stretch resources.

Registered in England/Wales under the registration number 13268843, with a registered address at SO14 3AR, England, Southampton, 6 Brunswick Square.

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