Multihull Solutions Limited

Multihull Solutions Ltd from Emsworth UK: a small company with an active status, founded 19 years ago, employs just one person, and holds £146,726 in assets. It’s a real address with two directors and one owner, who is also the solo founder. The company regularly imports iron or steel products, with four months of import activity recorded.

The company’s primary focus is the sale of trimarans, as evidenced by its website, which showcases Dragonfly models ranging from the Dragonfly 25 to the Dragonfly 40. The site highlights these boats’ performance, quality, and comfort, emphasizing their speed (up to 20 knots), ease of handling, and spacious deck areas. It’s clear that Multihull Solutions Ltd is a dealer for Quorning Boats, a Danish manufacturer, and has been the UK dealer for 20 years. The website also features testimonials praising the boats' speed and build quality.

Financially, Multihull Solutions Ltd presents a mixed picture. Cash bank on hand has dramatically decreased by 96%, dropping to just £4,800. While current assets also declined by 5.7%, the company's creditors have decreased by 14%, suggesting better management of short-term debt. However, the most significant change is the decrease in equity by 5.3%, which could be a cause for concern. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the drop in equity warrants closer examination. No auditor is mentioned, which is typical for companies of this size.

The company's business model seems to be centered around importing and selling high-end trimarans, and the website suggests a focus on customer service and technical expertise. However, the financial data indicates that the company is burning through cash, and the decrease in equity could signal a need for additional investment or a change in strategy.

Registered in England/Wales under the registration number 05540449, with a registered address at PO10 7HL, Emsworth, Hampshire, 16 Clovelly Road.

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