Shhhip Ltd

Shhhip Ltd from Nottingham UK: small company, active status, founded 4 years ago, 2 employees, real address, 2 directors, 2 owners. Irregular importer of electrical machinery and equipment (2 months imported). It’s a small business, meeting two of three conditions to qualify: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company is currently active and operates in the packaging activities, other service activities n.e.c. industries. Officially, it has two owners, two directors, and two employees.

The company’s website showcases a range of maritime services and software solutions, primarily targeting the shipping industry. It appears to be a B2B operation, offering products like electronic record books (ERBs), crew rest software, IHM maintenance services, and technical manuals. There’s a strong emphasis on compliance with international regulations like BIMCO, USCG, and EUSRR. The website also highlights the company's expertise in maritime cyber security and offers managed IHM maintenance services. It's not an e-commerce site in the traditional sense; instead, it’s a platform for showcasing services and generating leads.

Financially, Shhhip Ltd presents a mixed picture. Cash bank on hand has fallen considerably, dropping 77% to just £960. Creditors have decreased by 65%, which is a positive sign, but net assets and liabilities have both fallen by 58%, indicating a decline in overall financial health. Bank borrowings haven’s changed. The company’s small size and lack of employees (just two reported) contribute to its agility, but the decline in equity suggests potential financial pressures. The accounts are unaudited, which is common for small companies.

It seems like Shhhip Ltd is navigating a challenging environment, with a need to manage its finances carefully while continuing to offer specialized services to the maritime sector. The company’s focus on compliance and technical expertise may provide a competitive advantage, but it will need to address the declining equity to ensure long-term sustainability.

Registered in England/Wales under the registration number 12917612, with a registered address at NG3 4BG, England, Nottingham, A2 Ashforth Business Centre, Ashforth Street.

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