Marine Flow Products Ltd

  • Small
  • Active
  • 4 years
  • 2 employees
  • £30,072 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Solo founder
  • E-commerce
  • Rating 5.0 (5)

Field of Operation

Retail sale via mail order houses or via Internet
47910 204566 companies

Website

Social media

Summary

Marine Flow Products Ltd, based in Havant, UK, is a small, active company founded four years ago. With just two employees and £30,072 in assets, it operates as a solo-founder venture with a real address and a 5.0 Google rating based on five reviews. The company’s core business revolves around marine products, acting as a resource and shop for lubricants, parts, and accessories. It also offers a parts-finding service and oil analysis kits, catering to a niche market within the marine and industrial engine sectors.

The company's website clearly showcases its e-commerce focus, with a range of products from Aztec, Rockoil, and Volvo Penta oils to descalers and engineer tools. It also highlights a parts-finding service and a dedicated section for oil analysis kits. The site's design is clean and functional, emphasizing ease of navigation and product discovery. It’s a well-maintained online storefront, clearly aimed at serving a specific customer base.

Financially, Marine Flow Products Ltd has experienced some turbulence. Current assets have decreased by 40% to £30,000, while net assets have fallen 19% to £30,000. Cash bank on hand remains steady at £19,000, but bank borrowings have increased, and trade debtors have fallen significantly. The company’s average number of employees has also dropped by 50%, down to just one. While it meets the criteria to be considered a small company—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—the decrease in assets and employees suggests potential challenges. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

Overall, Marine Flow Products Ltd appears to be a small, specialized e-commerce business navigating a competitive market. While its Google rating suggests strong customer satisfaction, the financial data indicates a need to manage costs and potentially explore new revenue streams to ensure long-term sustainability.

Registered in England/Wales under the registration number 13027451, with a registered address at PO9 1FA, England, Havant, Unit 1 Hermitage Park, Harts Farm Way.

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

Owners & PSC

  • Jerome Martin Laurence
  • 4 years
  • 75%+

Managers

Company director

Last reports

Download the last financial report
Download the last confirmation report
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Last news

  1. Confirmation statement made on 2024-09-19 with updates
  2. Total exemption full accounts made up to 2023-11-30
  3. Change of details for Mr Martin Laurence Jerome as a person with significant control on 2022-08-22

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