Seag8 Limited

Seag8 Limited is a small, active family business based in Canterbury, UK, founded fourteen years ago in 2011. With three employees and £363,476 in assets, it operates from a virtual address, shared by 880 other companies, and is managed by two directors and two owners. The company is an irregular importer, primarily dealing in ships, boats, and floating structures, with its last import operation occurring one month ago in May 2022. It also provides service activities incidental to water transportation industries.

The company’s website highlights its charitable work, focusing on preserving Whitstable's maritime heritage and environment. Activities include restoring a historic oyster yawl, creating a coastal trail, and hosting a Harbour Boat Show. The website also features editorial content, including succession planning discussions and updates on the Boat Show's expansion. It's clear the organization is dedicated to community engagement and promoting local businesses.

Financially, Seag8 Limited’s numbers paint a mixed picture. Current assets have plummeted by 75% to £360,000, while net assets have fallen dramatically by 690% to -£890,000. Bank borrowings have decreased by 23%, but cash reserves have vanished, falling 98% to a mere £1,600. Creditors have also decreased by 19%. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the significant equity decline is a cause for concern. The lack of an auditor mentioned suggests it's exempt as a small company, so the financial information is unaudited. It seems that the company is facing financial challenges, despite its commitment to charitable work and community engagement.

Registered in England/Wales under the registration number 07570940, with a registered address at CT1 3DN, United Kingdom, Canterbury, Kent, Camburgh House, 27 New Dover Road.

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