Seafront Marine Group Limited

Seafront Marine Group Ltd from Bishops Waltham UK is a small, active company founded six years ago. It employs three people and holds assets valued at £1,023,441. With a real address and three directors, the company regularly imports electrical machinery and equipment (over three months) and irregularly exports similar items (over two months). It’s a small operation, meeting two of the three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company operates in the activities of investment trusts, and activities of open-ended investment companies. It also owns several other businesses: Angling Safety Limited, Nick Cox Yacht Chandler Limited, C-front Trading Limited, and Neptune Spares Limited. Its website is not available for review.

Financially, Seafront Marine Group Ltd shows some interesting trends. Cash bank on hand has seen a significant increase of 270%, jumping to £1,700. However, net assets have also risen by 15%, reaching £440,000. Trade creditors have increased by 50%, reaching £26,000. Bank borrowings have also increased by 15%, reaching £99,000. Debtors have increased by 14%, reaching £1,000,000. The company’s net current assets liabilities have decreased by 15%, reaching -£330,000.

The company’s accounts are unaudited, as it is exempt as a small company. The increase in debtors suggests that the company is extending credit to customers, which could be a strategy to boost sales. The rise in creditors, however, indicates a need to manage payments carefully. Overall, Seafront Marine Group Ltd appears to be a stable, albeit small, business, navigating the challenges of import and export operations.

Registered in England/Wales under the registration number 11383184, with a registered address at SO32 1AX, United Kingdom, Bishops Waltham, Southbrook House, Brook Street.

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