Ocean Chandlery Ltd

Ocean Chandlery Ltd, based in Emsworth, UK, is a small, active company established 43 years ago. With eight employees and £387,330 in assets, it’s a well-established business serving the marine industry. Boasting a perfect 5.0 Google rating from 68 reviews, and operating an e-commerce site, the company has built a strong reputation. It’s run by three directors and a single owner, and has a real registered address.

Ocean Chandlery specializes in importing and exporting machinery, boilers, and mechanical appliances, including parts. They regularly import these items, with the latest activity in December 30, 1999, and export for a remarkable 98 months, with the latest shipment in January 2025. Their website showcases a wide range of products, from winches and hatches to safety equipment and engine maintenance supplies, catering to both commercial and recreational boaters. They also sell popular brands like Ewincher and Lewmar.

Financially, Ocean Chandlery presents a mixed picture. While cash bank on hand decreased by 26% to £63,000, net assets increased by 18% to £240,000. Trade creditors decreased by 39%, suggesting improved debt management. However, bank borrowings surged by 2,400%, reaching £29,000, and net losses deepened from -£10,000 to -£23,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

Overall, Ocean Chandlery appears to be a resilient business navigating current economic pressures. The company’s long history, strong online presence, and focus on specialized marine equipment position it well for continued success, even as it manages its finances.

Registered in England/Wales under the registration number 01603111, with a registered address at PO10 8DD, England, Emsworth, Thornham Marina, Thornham Lane.

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