Scapa Technical Ltd

Scapa Technical Ltd is a small, active company based in Orphir, Orkney, UK, founded four years ago in July 2020. With £25,666 in assets and a real registered address, it’s a solo-founded operation run by two directors and one owner. The company operates in the renting and leasing of passenger water transport equipment, agents involved in the sale of machinery, industrial equipment, ships and aircraft industries. It’s also an irregular importer, with its top import category being optical and medical tools and devices, totaling one month of imports. The last import operation was conducted on February 01, 2023.

The company’s website highlights its expertise in remotely operated vehicles (ROVs). It designs, builds, services, repairs, hires, and operates a range of small to medium-size ROVs, acting as the UK distributor for Poseidon ROV systems. It also offers fast maintenance, service, and repair capabilities from its Orkney base. Recent projects showcased on the site include site surveys, hull inspections, fish farming work, and seabed searches—demonstrating a focus on marine technology and underwater operations. The site even mentions exploring lesser-known dive sites and searching for long-lost wrecks, adding a touch of adventure to its business profile.

Financially, Scapa Technical Ltd shows a mixed picture. Current assets increased slightly to £26,000, but net assets declined significantly to -£34,000. Bank cash fell sharply to £120, while creditors remained steady at £110,000. Trade debtors increased by 28%, suggesting a possible reliance on customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the equity drop indicates a need for careful financial management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Scapa Technical Ltd appears to be a specialized marine technology business facing financial challenges. Its ROV expertise and Orkney base offer unique capabilities, but the company needs to address its negative equity to ensure long-term sustainability.

Registered in Scotland under the registration number SC667686, with a registered address at PA35 1HF, Scotland, Kilchrenan, Argyll, Barbreck House.

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