Ovington Boats Limited
- Small
- Holding
- Active
- 28 years
- 38 employees
- £3,331,169 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ovington Boats Ltd, a small holding company based in Tyne & Wear, UK, has been active for 27 years, employing 38 people and holding assets valued at £3,331,169. The company, with three directors and a single owner, regularly imports and exports toys, games, and sports equipment—a trend spanning 84 months of imports and 112 months of exports. It has a real address and is registered with two other companies at the same location.
The company's website reveals a focus on high-performance dinghy sales and associated parts. Ovington Boats offers a wide range of equipment, from 29er and 49er parts to International 14 and Moth components. They also provide services like sail repair and restoration, catering to a niche market of competitive sailors. The website showcases a comprehensive inventory, including masts, foils, sails, and covers, alongside a dedicated section for Musto Skiff equipment.
Financially, Ovington Boats Ltd presents a mixed picture. While average employee numbers increased by 18% to 45, cash reserves rose by 8.5% to £590,000. However, net assets increased by just 9% to £3,000,000. Bank borrowings decreased by 6.5% to £470,000, and trade debtors increased significantly by 52%, which could indicate a reliance on customer payments. Creditors also increased by 29%, suggesting a need to manage supplier relationships. The company's small size—meeting two of three criteria for a small company—allows for agility, but the changes in trade debtors and creditors warrant close monitoring. No auditor is mentioned, likely due to the company’s exemption as a small business. Overall, Ovington Boats Ltd seems to be navigating a period of change, with a focus on maintaining its position in the competitive dinghy market.
Registered in England/Wales under the registration number 03366419, with a registered address at NE30 1JH, Tyne & Wear, Tanners Bank, North Shields.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Ovington Holdings Ltd
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Maughan William Ian
- 11 months
- 1
-
Resident of United Kingdom
-
Individual
- Coyles John Paul
- 10 years
-
Resident of United Kingdom
-
Individual
- Turner Christopher John
- 18 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine days ago.
Last news
-
Confirmation statement made on 2025-05-07 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-10-31Download 11 pages pdf report
-
Appointment of Mr William Ian Maughan as a director on 2024-06-03Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Ovington Boats Limited
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