Seawide Services Limited

Seawide Services Ltd, based in Helston, UK, is a small, active company with a rich history, having been founded 51 years ago in 1973. Employing just six people, the company holds £433,347 in assets and operates from a virtual address – a detail highlighted by the fact that 47 companies are registered at the same location. It's a solo-founder operation managed by a single director and owner, boasting an impressive Google rating of 5.0 based on 11 reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with its last import activity recorded two months ago.

The company’s website reveals a diverse range of marine services. Seawide Services specializes in salvage operations, commercial diving projects, and fast crew transfer services, operating from its deepwater quay facilities in Falmouth. It also offers vessel chartering, mooring operations, and even undertakes marine civil projects like slipway construction. The company’s fleet includes specialized vessels, like the “Boy Brendan,” and caters to a wide range of maritime needs, from ship-to-shore transfers to disaster recovery.

Financially, Seawide Services Ltd shows a mixed picture. Current assets decreased by 11% to £430,000, while net assets increased by 18% to £650,000. Bank borrowings decreased by 32% to £10,000, and cash reserves fell by 7.5% to £18,000. Creditors decreased by 16%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decrease in cash reserves may indicate tighter margins. No auditor is mentioned, likely due to its status as a small company.

Overall, Seawide Services Ltd appears to be a well-established, albeit small, company navigating the challenges of its industry. Its diverse service offerings and strong reputation suggest a resilient business, though careful monitoring of its financial health will be important going forward.

Registered in England/Wales under the registration number 01120307, with a registered address at TR13 0SR, Helston, Cornwall, Lakeside Offices The Old Cattle Market, Coronation Park.

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