South Eastern Marine Services Limited

South Eastern Marine Services Ltd, located on Paycocke Road in the UK, is a small, active company established 43 years ago. With five employees and £223,221 in assets, this family business has a strong 5.0-star Google rating based on nine reviews. The company operates as an irregular importer of ships, boats, and floating structures, with its last import activity occurring in March 2019. It’s managed by three directors and owned by two individuals, and boasts a real address.

The company’s website is currently unavailable, so it’s difficult to determine the full extent of its operations. However, the company description suggests a focus on marine equipment and services. It appears to be a B2B operation, likely supplying equipment to other businesses rather than directly to consumers.

Financially, South Eastern Marine Services Ltd presents a mixed picture. While cash bank on hand decreased by 6.6% to £180,000, trade debtors dropped by a significant 22%, which could indicate improved cash flow management. However, net assets also declined by 3.9% to £220,000, and creditors increased by 13%, suggesting a reliance on short-term financing. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in equity warrants closer attention. The company’s auditor is not mentioned, likely due to its small size and exemption from an audit. Overall, South Eastern Marine Services Ltd seems to be navigating a period of adjustment, with both positive and concerning trends emerging from its financial data.

Registered in England/Wales under the registration number 01589582, with a registered address at SS14 3EX, Paycocke Road, Basildon Essex, Units 13-25 Olympic Business, Centre.

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