Marine Procurement Ltd

  • Small
  • Holding
  • Active
  • 17 years
  • 23 employees
  • £10,951,965 (assets)
  • Real address
  • 2 directors
  • 1 owner
  • Regular importer
  • Regular exporter

Field of Operation

Other business support service activities n.e.c.
82990 238995 companies

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Summary

Marine Procurement Ltd, based in North Berwick, UK, is a small holding company with an active status, established 17 years ago. Employing 19 people, it holds £10,822,736 in assets and operates from a real address. Led by two directors and one owner, the company is a regular importer and exporter of machinery, boilers, and mechanical appliances, with parts.

The company is a member of the Edison Chouest Offshore family and specializes in vessel design, construction, operations support, and logistics. It offers a range of services including engineering, procurement, and logistics to ensure equipment is supplied on time and within budget. Marine Procurement operates a fleet of vessels, including anchor handling, towing, supply vessels, platform supply vessels, tugs, and offshore construction vessels. It also has shipyards across North America.

Financially, Marine Procurement Ltd has seen some shifts. Cash bank on hand increased significantly, jumping 67% to £4,200,000. However, current assets decreased by 16% to £11,000,000, and trade debtors fell by a substantial 37% to £5,600,000. Bank borrowings have also increased. Despite this, creditors decreased by 12%, suggesting improved debt management. The company's small size—meeting two of three criteria for a small company—allows for agility. The unaudited financial statements, overseen by Azets Audit Services, show a mixed picture, but the company's connection to a larger offshore group provides a degree of stability.

Registered in Scotland under the registration number SC338418, with a registered address at EH39 5LN, Scotland, North Berwick, East Lothian, Unit 4-6 Prora Steading, Drem.

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

Owners & PSC

  • 9 years
  • 75%+

Managers

  • 17 years
Manager
  • 17 years
  • 7
Engineer

Last reports

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Last news

  1. Accounts for a small company made up to 2024-12-31
  2. Satisfaction of charge SC3384180001 in full
  3. Satisfaction of charge SC3384180003 in full
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Importer profile by HS codes

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Last imported products

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Exporter profile by HS codes

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