Marine Scene Limited

Marine Scene Limited, based in South Cornelly, UK, is a small, active company founded 22 years ago in 2002. With nine employees and £235,085 in assets, it operates as a family business with three directors and two owners. The company boasts a perfect 5.0 Google rating from 73 reviews and runs an e-commerce site. It’s an irregular importer, primarily dealing with iron or steel products, with its last import activity recorded two months ago in June 2022.

The company’s website, marinescene.co.uk, is a well-stocked online store catering to the marine and boating industry. It offers a wide range of products, from above-deck equipment and electronics to safety gear and maintenance supplies. The site emphasizes competitive pricing and offers free shipping on many orders. It also highlights a retail counter facility for Click Collect services and provides customer support via email and phone.

Financially, Marine Scene Limited presents a mixed picture. Current assets have decreased by 3.1% to £240,000, while net assets have fallen by 13% to £83,000. Bank borrowings have surged by a significant amount, reaching £83,000, and cash reserves have plummeted 85% to just £4,400. Creditors have also decreased by 34%, suggesting some improvements in 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) allows for agility, but the sharp decline in equity raises concerns. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Marine Scene Limited seems to be facing some financial headwinds, despite its strong online presence and positive customer reviews. Whether it can maintain its growth trajectory remains to be seen, but its focus on specialized marine equipment and its family-run nature could provide a competitive advantage.

Registered in England/Wales under the registration number 04500365, with a registered address at CF33 4RE, South Cornelly, Unit 5 South Cornelly Industrial Estate, Porthcawl Road.

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