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)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
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
-
Individual
- Jerome Martin Laurence
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Jerome Martin Laurence
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-09-19 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2023-11-30Download 8 pages pdf report
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Change of details for Mr Martin Laurence Jerome as a person with significant control on 2022-08-22Download 2 pages pdf report
FAQ about Marine Flow Products Ltd
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