Rh Marine Uk Ltd

Rh Marine Uk Ltd, based in Hartlepool, UK, is a small, holding company with an active status. Founded 29 years ago in 1996, it employs just one person and holds £375,911 in assets. The company has two directors and one owner, with the owner’s list having changed five months ago. It’s a regular importer of electrical machinery and equipment, having imported for four months, with the last import happening in 2016. It also exports electrical machinery and equipment, but irregularly, with only two months of export activity recorded, also in 2016.

The company operates in the repair and maintenance of ships and boats industries. Its website highlights a focus on maritime system integration and innovation, offering a range of products and services, including integrated bridge systems, power hybrid solutions, and cyber systems. It also provides services like refits, spare parts, and training. The website is well-designed, and it’s clear they’re targeting both defence/safety sectors and the luxury yacht market. They even have a “Rhodium Suite” of advanced hardware, software, and services. The site emphasizes collaboration and innovation, and it’s evident they’re trying to position themselves as a technology leader.

Financially, Rh Marine Uk Ltd shows some concerning trends. Amounts owed by related parties remained steady, but amounts owed to group undertakings increased to £5,000. Cash bank on hand increased slightly to £350,000, but creditors rose by 18% to £31,000. Trade debtors decreased significantly, falling by 28% to £30,000. Equity also decreased, dropping by 2.9% to £340,000. Future minimum lease payments decreased by 60%, which could be a positive sign. Despite these fluctuations, the company's small size—meeting two of three conditions for being a small company—allows for agility. The company’s accounts are audited, and Azets Audit Services performed the audit. The company’s description of principal activities is missing from the report.

Overall, Rh Marine Uk Ltd appears to be a stable, albeit small, company. While the financial data reveals some areas of concern, its focus on specialized maritime services and its technological innovation could provide a foundation for future growth.

Registered in England/Wales under the registration number 03188468, with a registered address at TS25 5TG, England, Hartlepool, 409 Venture Court, Queens Meadow Business Park.

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