Seven Oceans Motors Ltd

Seven Oceans Motors Ltd from Ruislip UK: small company, active status, founded 2 years ago, £54,578 assets, real address, 2 directors, 2 owners, family business. Irregular importer of vehicles, parts, and accessories (not for trains or trams) (2 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the sale of used cars and light motor vehicles industries. Officially, it has two owners or PSCs, two directors and no number of employees published. The company is a irregular importer, with its top import category being Vehicles, parts, and accessories (not for trains or trams), totaling 2 months of imports. The last import operation was conducted on February 01, 2024.

Beyond the motor vehicle sales, Seven Oceans Ltd’s website reveals a surprising secondary business: a marine equipment supplier. The site prominently displays its certifications from DNVGL and UKAS, emphasizing quality and accreditation. It offers a wide range of products, from engine parts and ship spares to anchor chains and hydraulic motors, catering to the maritime industry. A gallery showcases marine diesel engine certificates, and the site includes contact information and office hours. The website also features a photo gallery and a subscription form for email updates. It’s a bit of a contrast to the used car sales.

Financially, Seven Oceans Motors Ltd shows some concerning trends. Cash reserves fell 65% to just £23,000, while creditors increased 10% to £60,000. Net assets declined significantly, dropping 88% to -£4900. On a brighter note, current assets increased 140% to £55,000, and trade debtors rose 56% to £14. The company’s small size helps it stay nimble, but the equity drop and increased borrowing suggest it’s burning through cash. The accounts are abridged and unaudited, relying on director-reported data, and no auditor is mentioned. It's a bit of a gamble, really.

Registered in England/Wales under the registration number 14451410, with a registered address at HA4 7RN, England, Ruislip, 1 Howletts Lane.

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