Southeast Sailboats Ltd

Southeast Sailboats Ltd, based in Whitstable, UK, is a small, active company founded seven years ago. With a single employee and £93,452 in assets, it operates as a solo venture led by its owner and director, Hunt Max Nicholas. The company runs an e-commerce site specializing in rigging and components for ILCALaser sailboats, offering a wide range of products from outhaul systems to blocks and kickers. It’s a real address, with only one other company registered at the same location.

Southeast Sailboats’ website showcases a comprehensive selection of sailing equipment, with detailed descriptions and even articles discussing topics like compass choices and rigging solutions. The site highlights sponsored sailors and emphasizes the company’s commitment to quality and innovation. It’s clear they’re targeting serious sailors, with a focus on performance and technical expertise.

Financially, Southeast Sailboats Ltd shows a mixed picture. Cash bank on hand increased significantly by 83% to £59,000, which is a positive sign. However, creditors rose by 19% to £65,000, and debtors jumped a whopping 340% to £8,000. While net assets increased by 210% to £33,000, the increase from amortisation impairment intangible assets was only 20%. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the increase in debtors could indicate challenges in collecting payments. The accounts are unaudited, as is common for small companies. It's a bit odd that the company has no employees, despite having a fairly extensive website and product range.

Registered in England/Wales under the registration number 11297018, with a registered address at CT5 4AN, United Kingdom, Whitstable, 20 Hazlemere Road, Seasalter.

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