Se Yachts Limited

Se Yachts Ltd, based in Winchester, UK, is a small holding company with an active status, marking its 42nd year in operation. Established in 1983, the company employs just two people and holds assets totaling £607,986. While it maintains a registered address, it’s likely a virtual one, as fifty companies share the same location. Five directors and one owner (though the list may not be exhaustive) guide the business. The company operates as an irregular importer of ships, boats, and floating structures (with two months of import activity) and a regular exporter of special combined nomenclature codes (with three months of export activity).

The company’s website, Southeast Sailboats, focuses on providing world-class rigging and more for ILCALaser dinghies. It’s an e-commerce site, offering a wide range of control line systems, blocks, and other sailing accessories. The site’s extensive product listings and detailed descriptions suggest a focus on serving the competitive sailing market. Currency options are available, including AED, ALL, AMD, AUD, BAM, BGN, CAD, CHF, CNY, CZK, DKK, DOP, EUR, GBP, HKD, HUF, ILS, ISK, JPY, KRW, MDL, MKD, NOK, NZD, PLN, QAR, RON, RSD, SEK, SGD, THB, UAH, and USD.

Financially, Se Yachts Ltd presents a mixed picture. Accumulated amortisation for intangible assets increased by 33%, while accumulated depreciation for property, plant, and equipment rose by 20%. Bank borrowings surged dramatically, increasing by 4000% to £190,000, a significant shift from the previous year. Creditors also increased substantially, rising by 170% to £510,000. However, cash bank on hand decreased by 13% to £150,000. The company's small size (meeting two of three conditions for being a small company) helps keep overhead low, but the increase in debt and decrease in cash reserves could signal financial strain. The company’s net assets decreased by 24%, which is a concern. There is no auditor mentioned, likely due to its small size, so the financial statements are unaudited. The company’s turnover is not mentioned, but it is likely to be low.

Registered in England/Wales under the registration number 01712469, with a registered address at SO23 9HJ, England, Winchester, Hampshire, 25 St Thomas Street.

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