Mcc Marine Services Ltd

MCC Marine Services Ltd, based in Fareham, UK, is a small, family-run business with an active status, founded nine years ago. The company employs four people and holds £604,574 in assets, though its registered address is likely virtual, with 134 other companies registered there. It’s managed by four directors and owned by two individuals, with a stellar 5.0 Google rating from 21 reviews. MCC Marine regularly imports ships, boats, and floating structures (eight months of activity), and occasionally exports them (one month).

The company’s website showcases a diverse range of new and pre-owned boats, specializing in Nord Star, XO Crossover, SUR Marine, and Rupert Marine brands. It operates as a retailer, offering both sales and restoration services. The site emphasizes expertise, dedication, and a wide selection, catering to experienced sailors and first-time buyers alike. They even host events like the British Motor Yacht Show, highlighting their involvement in the boating community.

Financially, MCC Marine shows some concerning trends. While current assets increased by 21%, net assets plummeted 170% to £48,000—a significant drop. Bank borrowings decreased by 22%, and cash reserves increased by 56% to £71,000. Creditors, however, surged by 100%, and corporation tax payable jumped 17,000%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. The lack of an auditor is typical for a small company, and the financial statements are unaudited.

The company’s increased tax payable and large increase in creditors suggest it may be facing some financial pressure. Despite this, the increase in cash reserves and the positive Google reviews indicate a resilient business. It’s unclear if these trends are temporary or a sign of longer-term challenges, but MCC Marine’s focus on quality boats and customer service may help it navigate these pressures.

Registered in England/Wales under the registration number 09826843, with a registered address at PO16 0HZ, England, Fareham, 227a West Street.

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