Seaware Limited

Seaware Limited, based in Penryn, UK, is a small, holding company with an active status. Founded 36 years ago in 1988, it employs nine people and operates from a real address within the Kernick Industrial Estate. The company is led by one director and owned by Pands Seaware Ltd. It runs an e-commerce site and enjoys a perfect 5.0 Google rating from 30 reviews. Seaware regularly imports machinery, boilers, and mechanical appliances; parts, with 34 months of import activity recorded, the latest in March 2025.

The company’s website, Seaware, positions itself as a leading UK marine wholesaler of marine equipment and fastenings. It offers a wide range of products, from ropes and antifouls to paint and PPE, catering to shops, boat repair services, and the wider marine trade. The site highlights free delivery over £150, trade account options, and expert advice, emphasizing customer service and a comprehensive catalogue. It’s clear that Seaware is more than just an importer; it’s a full-service supplier to the marine industry.

Financially, Seaware Limited shows a positive trend. Cash bank on hand has increased by a remarkable 82%, reaching £150,000, while net assets and liabilities have both grown by 15%, hitting £1.3 million. Property, plant, and equipment have also seen a significant increase of 36%, reaching £63,000. Although creditors have risen slightly by 2.3%, trade debtors have increased by 5.5%, suggesting the company is managing its debts effectively. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble. The accounts are unaudited, being exempt as a small company.

Overall, Seaware Limited appears to be in good financial health, with growing assets and strong cash reserves. The company's focus on customer service and its comprehensive product range suggest a sustainable business model, though it’s worth noting that the increase in trade debtors could be a cause for concern if not managed properly.

Registered in England/Wales under the registration number 02293316, with a registered address at TR10 9EP, Penryn, Cornwall, Unit 8b, Kernick Industrial Estate.

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