Shock Sailing Limited

Shock Sailing Limited is a small, active company based in Portland, UK, founded six years ago in 2018. With two employees and £100,920 in assets, it's a solo-founded operation run by a single director and owner, Hiscocks Simon. The company operates in the repair and maintenance of ships and boats industries, and it’s an irregular importer, with its top import category being Ships, Boats, and Floating Structures, totaling 2 months of imports. The last import operation was conducted on August 01, 2024.

While the company's website is non-existent, it’s clear they’re focused on a specialized niche. The company operates in the repair and maintenance of ships and boats industries.

Financially, Shock Sailing Limited shows some concerning trends. While cash reserves increased by a healthy 130%, reaching £26,000, net assets declined by 59%, settling at -£30,000. Bank borrowings decreased significantly, falling 54% to £10,000, which is good, but creditors also increased by 66%, reaching £160,000. Trade debtors rose by 72%, suggesting delayed customer payments, and fixed assets increased by 57%, likely due to investments in equipment. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in equity is a worry. There’s no auditor mentioned, so the figures are unaudited.

It seems like Shock Sailing Limited is facing some financial pressures, perhaps due to increased costs or slower sales. The company’s ability to manage its creditors and maintain a positive cash flow will be key to its long-term success.

Registered in England/Wales under the registration number 11384575, with a registered address at DT5 1FU, England, Portland, Dorset, Unit L4 Lynx Building Navigator Park, Osprey Quay.

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