Ship Shape World Ltd

Ship Shape World Ltd from Great Yarmouth UK: a small company with an active status, was founded eighteen years ago. It employs eight people and holds £427,012 in assets, operating from a real address. With one director and owner—a solo founder—the company runs an e-commerce site and maintains a stellar 5.0 Google rating based on forty-nine reviews. It regularly imports furniture, lighting, and prefabricated buildings (for thirty months), and exports the same items (for fifty-three months).

The company’s website, Ship Shape Bedding, showcases a wide range of marine interior products. It’s a family-run business specializing in boat mattresses, upholstery, bedding, and galleyware. The site emphasizes handmade products, bespoke designs, and rapid lead times—a key differentiator in the marine market. They even offer templating kits to ensure a perfect fit for custom boat shapes. The site also highlights a history of supplying to various boat manufacturers and even has a showroom.

Financially, Ship Shape World Ltd’s numbers paint a mixed picture. Cash bank on hand has decreased by 37%, falling to £120,000, while bank borrowings have remained steady. Creditors have decreased significantly, dropping 43%, which is a good sign. However, net assets have increased by 72%, reaching £320,000. Trade debtors have risen by 8%, suggesting an increase in outstanding customer payments. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. There’s no auditor mentioned, which is likely due to its small size.

The company’s focus on bespoke marine products and its strong online presence suggest a niche market strategy. While the decrease in cash reserves warrants attention, the reduction in creditors and increase in net assets indicate improved financial management. It’s clear that Ship Shape World Ltd is a well-established player in the marine interior market, with a reputation for quality and service.

Registered in England/Wales under the registration number 05980353, with a registered address at NR29 5PY, England, Great Yarmouth, Ludham Road Business Park Ludham Road, Catfield.

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