My Marine Services Ltd

My Marine Services Ltd, based in Wirral, UK, is a small, active company established eleven years ago. With four employees and £158,930 in assets, it’s a family business run by two owners and overseen by three directors. The company operates from a real address within a business park and is registered as a private limited company. It regularly imports and exports optical and medical tools and devices—nineteen months of imports and seventy-nine months of exports recorded—and provides other service activities.

The company’s website is not available, making it difficult to determine the specifics of their online presence or e-commerce activities. However, the company operates in the other service activities n.e.c. industries.

Financially, My Marine Services Ltd shows some concerning trends. Current assets have decreased by 26% to £160,000, while net assets have fallen by 22% to £120,000. Bank borrowings have decreased by 30%, which is a positive sign, but cash reserves have also dropped by 30% to £70,000. Trade debtors have decreased by 25%, suggesting improved collection of payments, but creditors have also fallen by 36%. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity is something to keep an eye on. The company is exempt from an audit, so the financial information is unaudited.

Overall, My Marine Services Ltd appears to be navigating a period of financial adjustment. While the decrease in debt is encouraging, the decline in assets and cash reserves warrants further observation.

Registered in England/Wales under the registration number 08710751, with a registered address at CH49 0AB, United Kingdom, Wirral, Office 47 Big Padlock, Champions Business Park, Arrowe Brook Road.

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