Midlands Nautique Limited

Midlands Nautique Ltd from Cannock UK is a small, holding company with an active status. Founded ten years ago in 2015, the company employs eight people and holds £996,160 in assets. It has a real address, two directors, and one owner. The company regularly imports machinery, boilers, and mechanical appliances; parts (64 months imported), with the last import operation made on December 01, 2024. It exports plastics and plastic products irregularly (2 months exported), the last operation taking place on November 01, 2023.

The company operates as a UK distributor of Nautique wakeboard and wakesurf boats, a role it’s held since 2007. The website showcases a wide range of new models, used boats, engine parts, and accessories, catering to both commercial and private customers. It even offers services like boat servicing and repairs. The site highlights the company’s expertise and passion for the Nautique brand, emphasizing its position as a leading provider of premium tow boats. It's a family-run business, with a showroom in Harrods, London.

Financially, Midlands Nautique Ltd presents a mixed picture. Current assets fell by 26% to £1,000,000, while net assets decreased by 4% to £220,000. Bank borrowings decreased by 27% to £380,000, and cash reserves dropped 55% to £140,000. Creditors decreased by 33%, suggesting better 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) helps it remain agile, but the decline in cash reserves is something to watch. The average number of employees increased by 25%, from eight to ten. With no auditor mentioned, the figures are unaudited.

Overall, Midlands Nautique Ltd seems to be navigating a period of change, balancing its premium brand positioning with the challenges of a fluctuating market.

Registered in England/Wales under the registration number 09446987, with a registered address at WS11 9TA, United Kingdom, Cannock, Staffs, Unit 2 Walsall Road, Norton Canes.

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