Neyland Marine Services Limited

Neyland Marine Services Ltd from Milford Haven, UK, is a small, family-run business with an active status, celebrating 28 years since its founding. The company employs seven people and holds £333,752 in assets, operating from a real address and managed by two directors and two owners. It maintains a Google rating of 3.0 based on five reviews. While an irregular importer (last activity in 2018), it exports electrical machinery and equipment (last activity in November 2024).

The company’s website highlights its expertise as marine electrical and electronic engineers, providing sales and service to the commercial shipping, fishing, and pleasure boat industries. They offer a comprehensive range of testing and measurement equipment, including thermal imaging, circuit breaker injection testing, and calibration services. Neyland Marine Services caters to a wide range of manufacturers like FURUNO, JOTRON, and SKIPPER, and even offers a 24-hour emergency service. The company's website is very detailed, and it’s clear they are a specialist service provider.

Financially, Neyland Marine Services Ltd presents a mixed picture. Accrued liabilities decreased slightly, but cash bank on hand fell by 10%, to £130,000. Creditors increased significantly, by 18%, to £43,000, while trade debtors decreased by 13%, to £71,000. Perhaps most concerning is the decrease in average number of employees, falling 29% to just five—a potential indicator of operational adjustments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a full audit, and the figures are unaudited.

Overall, Neyland Marine Services Ltd seems to be navigating a period of change, with some financial metrics showing signs of pressure. The company’s specialization and established reputation, however, should help it weather these challenges and continue serving the marine industry.

Registered in England/Wales under the registration number 03219710, with a registered address at SA73 1SE, Milford Haven, Dyfed, Unit 52 Honeyborough Industrial Estate, Neyland.

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