Moonraker Yachts Limited

Moonraker Yachts Ltd from Poole UK is a small, active company founded 10 years ago. With just two employees and £618,323 in assets, it operates from a real address and is overseen by two directors and owners. The company is an irregular importer, having imported ships, boats, and floating structures for a total of two months, with the last import occurring in August 2022. It operates in the agents specialized in the sale of other particular products industries.

The company’s website showcases a focus on yacht brokerage and sales, highlighting a selection of used yachts for sale and offering services like yacht valuation and consultancy. It’s clearly an e-commerce operation, with a user-friendly interface and detailed listings. The site doesn't appear to have a blog or news section, suggesting a straightforward sales focus.

Financially, Moonraker Yachts Ltd presents a mixed picture. Current assets have decreased by 6.2% to £620,000, while net assets have increased by 7.9% to £170,000. Cash reserves have fallen significantly by 58%, dropping to £86,000, which could indicate investments or increased operational expenses. Bank borrowings have also decreased, suggesting better financial management. Trade debtors have risen by a substantial 42%, which could be a sign of delayed payments from clients or an expansion of credit terms. 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 drop in cash reserves warrants attention. With no auditor mentioned, the figures are unaudited.

Overall, Moonraker Yachts Ltd appears to be navigating a competitive market. The decrease in cash reserves might be a temporary setback, or it could be a sign of a startup burning through money. The rise in trade debtors could be a cause for concern, but it’s also possible that the company is experiencing growth and expanding its client base.

Registered in England/Wales under the registration number 09517806, with a registered address at BH14 8EW, United Kingdom, Poole, Dorset, Parkstone Bay Marina Turks Lane, Parkstone.

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