Maritime Aqua Ltd

Maritime Aqua Ltd, based in Turriff, UK, is a small, active company founded eight years ago. With £64,140 in assets, a real address, and a solo founder who also serves as director and owner, it's a lean operation. The company regularly imports machinery, boilers, and mechanical appliances—parts, specifically—with 33 months of import activity recorded as of February 2025.

The company’s website highlights a diverse range of services, focusing on marine cranes, winches, and aquaculture equipment. It operates as a supplier of HS.MARINE ship and offshore cranes, offers Tenfjord Industrier AS products, and provides aquaculture consultancy services. The site also features a blog with information on marine cranes and equipment. It’s clear the company is targeting a niche market within the marine and aquaculture industries, emphasizing expertise and British craftsmanship.

Financially, Maritime Aqua Ltd presents a mixed picture. Current assets have decreased by 7.6% to £64,000, while net assets have fallen by 30% to £600. Bank borrowings have increased by 110%, reaching £15,000, and cash reserves have plummeted 92% to just £4,600. Trade debtors have exploded by 500%, suggesting potential issues with customer payments or a shift in credit policies. 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 flexibility, but the sharp decline in cash and equity raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Maritime Aqua Ltd appears to be navigating a challenging financial period. While its specialized services and niche market offer potential, the company will need to address its cash flow and equity concerns to ensure long-term sustainability.

Registered in Scotland under the registration number SC552768, with a registered address at AB53 4GZ, Scotland, Turriff, Aberdeenshire, South Brownhill.

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