Multihull International Limited

Multihull International Ltd from Portsmouth UK: a small, active company founded 32 years ago, employs just one person, and holds £2,321,700 in assets. It’s a family business with a real address, managed by one director and two owners. The company regularly imports ships, boats, and floating structures—a total of 4 months of import activity recorded, the last in March 2024.

The company specializes in catamaran and trimaran sales, acting as the official UK dealer for Fountaine Pajot and Neel Trimarans. They offer new boat sales, brokerage services, and even a “Multihull Finder” for customers seeking pre-owned vessels. The website also highlights services like marine finance and charter options, catering to a diverse range of clients. They even have a section for JFA Yachts, offering semi-custom large catamarans.

Financially, Multihull International Ltd shows a mixed picture. While cash reserves increased by 22% to £1,500,000, current assets grew by 72% to £2,300,000, and creditors increased significantly by 130% to £1,700,000. Bank borrowings also increased, reaching £50,000. Debtors have increased substantially too, by 210% to £420,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the rise in creditors suggests a need to manage cash flow more closely. No auditor is mentioned, likely due to small company exemption status.

The company's focus on specialized multihulls and its long-standing dealer relationships—particularly with Fountaine Pajot—provides a strong foundation. However, the increasing debt levels warrant careful monitoring to ensure sustainable growth.

Registered in England/Wales under the registration number 02753516, with a registered address at PO6 3TH, Portsmouth, Unit 3 Acorn Business Centre, Northarbour Road.

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