Rock Marine Services Limited

Rock Marine Services Ltd, based in Wadebridge, UK, is a small, active company established 22 years ago. Employing 25 people, the business holds £2,063,676 in assets and operates from a virtual address, registered with thirty-two other companies. Three directors and two owners manage the operations, earning a respectable 4.0 Google rating from 23 reviews. The company irregularly imports clothing and accessories made by knitting or crocheting, with the last import operation occurring two months ago.

The company’s website paints a picture of a comprehensive marine services provider. Rock Marine Services operates as a fully serviced boatyard, offering everything from launch and recovery to brokerage services, pontoon maintenance, and even a dedicated team for sailing boats. They also sell new boats from brands like Brig, Yamarin, and Ribeye, and act as dealers for various engine manufacturers, including Yamaha, Mercury, and Suzuki. A recently expanded chandlery stocks a wide range of marine equipment and clothing, and a lower deck shop in Rock caters to sailing and leisure wear enthusiasts. The site also features a sister company, Camel Sailing and Powerboat, offering RYA training courses.

Financially, Rock Marine Services Ltd presents a mixed picture. While cash reserves saw a significant jump of 420% to £700,000, bank borrowings increased by 21% to £930,000. Creditors also rose by 20% to £930,000, and trade debtors increased by 24% to £600,000. Net assets grew by 2.1% to £1,600,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in bank borrowings and creditors, however, suggests a need for careful cash flow management. With no auditor mentioned, the financial statements are unaudited, relying on director-reported data. The company's growth in assets, however, indicates a healthy business, despite the need to monitor its liabilities.

Registered in England/Wales under the registration number 04678829, with a registered address at PL27 7AL, Wadebridge, Cornwall, 1a Eddystone Road.

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