Marine Safety Supplies Limited
- Small
- Active
- 22 years
- 11 employees
- £1,610,610 (assets)
- Real address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
- E-commerce
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
Summary
Marine Safety Supplies Ltd, based in Wallsend, UK, is a small, active company established 21 years ago. With eleven employees and £1,610,610 in assets, it’s a well-established player in its sector. The company, founded by a solo entrepreneur, now has four directors overseeing operations. It operates from a real address, with only one other company registered there.
The business specializes in marine safety equipment, importing aluminum and aluminum products regularly over the last 24 months, and exporting textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables for a remarkable 72 months. Its website showcases a wide range of products, from life jackets and ropes to ladders and safety nets, catering to both commercial and industrial customers. The site even mentions a 22-year history and 125 years of combined experience in ladder design and manufacture.
Financially, Marine Safety Supplies Ltd appears to be in a reasonably healthy state. Current assets increased by 22% to £1,600,000, and net assets grew by 19% to £1,500,000. Cash reserves experienced a significant boost, rising 23% to £1,100,000. However, creditors also increased substantially, up 73% to £160,000. Trade debtors grew by 16% to £150,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. The lack of an auditor is typical for a company of this size.
The increase in creditors and debtors could indicate a period of expansion or perhaps a change in payment terms. The company's continued success in importing and exporting, coupled with its long-standing experience, suggests a resilient business model.
Registered in England/Wales under the registration number 04779621, with a registered address at NE28 6SU, Wallsend, Tyne And Wear, Unit 2/3 Marine House, Norman Terrace Willington Quay.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of Netherlands
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 11 years
-
Resident of Netherlands
-
Individual
- 11 years
-
Resident of Netherlands
-
Individual
- 15 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twenty four days ago.
Last news
-
Confirmation statement made on 2025-05-29 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 9 pages pdf report
-
Confirmation statement made on 2024-05-29 with no updatesDownload 3 pages pdf report
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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Last exported products
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FAQ about Marine Safety Supplies Limited
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