Scorpion Ribs Limited

Scorpion Ribs Limited, based in Thirsk, UK, is a small holding company with an active status, established five years ago. The company holds £5,902 in assets and operates from a real address shared by only one other business, suggesting a genuine location. It’s managed by two directors and has one owner, although this owner list isn’s exhaustive. Scorpion Ribs is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts, with the last import operation occurring in December 2024.

The company’s website reveals a fascinating story: Scorpion Ribs is now part of the Twisted Marine family, continuing a legacy of British-built RIBs (Rigid Inflatable Boats). The boats are described as "race bred," boasting a history of offshore racing and world records, emphasizing soft, comfortable rides, and outstanding performance. The website highlights customisation options, with RIBs hand-built to order, and showcases a clientele including high-profile clients. Twisted Marine operates engineering support centres across the UK and a boutique showroom in Salcombe, suggesting a broader marine services offering.

Financially, Scorpion Ribs Limited presents a mixed picture. Current assets have fallen significantly, dropping 76% to just £5,900, and net assets have also decreased, though less dramatically. Bank borrowings have increased, and cash reserves have shrunk considerably. While creditors have also decreased, the overall trend suggests the company is burning through cash. 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. With no auditor mentioned, the financial statements are unaudited. The company’s financial figures show a downward trend, though it is unclear if this is typical for a small business or a sign of deeper issues.

Registered in England/Wales under the registration number 12129314, with a registered address at YO7 3TA, Thirsk, North Yorkshire, Unit 1 & 2, Sussex Court, Thirsk Industrial Estate.

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