Marine Project Services (uk) Ltd

Marine Project Services (UK) Ltd, based in Avonmouth, UK, is a small, active company founded eleven years ago in 2013. With six employees and £1,021,156 in assets, it operates from a real address and is managed by two directors and two owners. The company is an irregular importer, primarily dealing with iron or steel products, with the last import activity recorded over two years ago in September 2022.

The company’s core business appears to be logistics services related to water transportation, as indicated by its industry classification. A new website is currently in development, and contact details are available via email and phone. The company’s address is shared with one other business, suggesting a relatively low-traffic location.

Financially, Marine Project Services (UK) Ltd shows some concerning trends. While cash bank on hand increased significantly by 60% to £460,000, current assets decreased by 8.5% to £1,000,000. Debtors have fallen by a substantial 32%, which could be a positive sign of improved collections, but it also may indicate reduced sales. Creditors have also decreased, suggesting better management of short-term liabilities. The company’s size – meeting two of three conditions for a small company – allows for agility, but the decline in net assets, dropping 8% to £400,000, warrants attention. Bank borrowings have also decreased, which is a positive sign. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s trade creditors increased by 9.7%, which could be a result of increased purchases to support operations. Overall, the company seems to be navigating a period of change, with both positive and negative financial indicators.

Registered in England/Wales under the registration number 08825864, with a registered address at BS11 9DN, United Kingdom, Avonmouth, Charles Hill Building, Avonmouth Dock.

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