Marine Logistics Limited

Marine Logistics Limited, based in Lowestoft, UK, is a small, family-run business with an active trading status. Founded 28 years ago in 1997, the company employs eight people and holds £1,094,304 in assets. With a real registered address and three directors and owners, it’s a tight-knit operation. The firm regularly imports machinery, boilers, and mechanical appliances – parts, with 183 months of import activity recorded, the latest in February 2025. It also exports the same items, boasting 1571 months of export activity, also concluding in February 2025.

The company’s website describes Marine Logistics Limited as a specialist in worldwide procurement, serving both the marine industry and the energy sectors. It emphasizes its extensive experience, technical knowledge, and network of key suppliers, aiming to provide cost-effective solutions to its customers. It’s a member of IMPA, a global procurement association, and prides itself on high levels of customer retention. The site also highlights testimonials from satisfied clients, including a multinational energy company and a fishing-based company, praising their service and support.

Financially, Marine Logistics Limited shows some mixed signals. Current assets remained steady at £1,100,000, while net assets increased by 15% to £820,000. Bank borrowings decreased significantly by 33%, reaching £20,000, and cash reserves fell by 56% to £97,000. Trade debtors increased by 24%, suggesting a possible increase in sales but also a potential risk of delayed payments. Creditors also decreased by 19%, indicating better debt management. 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 agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Marine Logistics Limited is holding steady, demonstrating consistent import and export activity. While cash reserves have decreased, the company's strong customer relationships and specialized services suggest a stable foundation for continued success.

Registered in England/Wales under the registration number 03317258, with a registered address at NR32 5BD, United Kingdom, Lowestoft, Suffolk, 78 Lakeside Rise, Blundeston.

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