Selene Marine Uk Limited

Selene Marine Uk Limited, based in Chelmsford, UK, is a small, active company founded ten years ago in 2015. With four employees and £100,321 in assets, it’s a modest operation run by two directors and a single owner, who is also the solo founder. The company holds a 3.0 Google rating based on just two reviews. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with recent import activity recorded just two months ago.

The company operates in the information technology consultancy activities industries, and its website, while not providing detailed information, suggests a focus on satellite communication services. It’s a private limited company with a real registered address, and it's been through a name change, previously operating as Selene Associates Limited.

Financially, Selene Marine Uk Limited presents a mixed picture. While turnover remained steady at £450,000, operating profit has plummeted by a staggering 97%, dropping to just £8,500. Cash reserves have also taken a hit, falling 50% to £30,000. Bank borrowings, however, decreased by 55%, reaching £35,000. Creditors have also decreased by 52%, suggesting improved debt management. Net assets have significantly declined, falling 85% to just £8,500, which is a worrying trend. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

The sharp decline in profitability, despite steady revenue, suggests potential cost pressures or inefficiencies. The decrease in equity is a significant concern, and the company will need to address this to ensure long-term financial stability.

Registered in England/Wales under the registration number 09591577, with a registered address at CM2 7PR, England, Chelmsford, Golday House Unit 3, 114 Parkway.

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