Marine Ventures Limited

Marine Ventures Limited, based in Reading, UK, is a small, holding company with an active status. Founded 51 years ago in 1973, the company employs eight people and holds assets totaling £1,095,144. It has a real registered address and is overseen by two directors and one owner. Marine Ventures regularly imports and exports machinery, boilers, and mechanical appliances—parts, with 136 months of import activity and 42 months of export activity recorded.

The company specializes in marine antipollution systems, boasting over 42 years of experience. Its website highlights a focus on legislative marine antipollution equipment and innovative product ranges, including water conditioners, line blinds, and oily water separators. Beyond sales, Marine Ventures provides comprehensive service and support, including commissioning, servicing, and training, with technicians traveling worldwide. The company also maintains a UK stock of equipment and STRAUB pipe couplings for next-day delivery.

Financially, Marine Ventures Limited shows a mixed picture. Current assets have fallen by 12% to £1,100,000, while net assets have decreased by 1.5% to £740,000. Bank borrowings have increased, and cash reserves have decreased by 11%, settling at £700,000. Trade debtors have also decreased, suggesting improved collection efforts. Despite being a small company—meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 100 employees—the decline in cash and equity is noticeable. The accounts are unaudited, which is common for small companies.

While the company's long history and specialized services suggest stability, the recent financial trends warrant attention. Whether the decrease in cash reserves is a temporary dip or a sign of deeper financial pressures remains to be seen.

Registered in England/Wales under the registration number 01139308, with a registered address at RG1 6AP, Reading, Berkshire, Marven House, 1 Field Road.

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