Southsea Ventures Limited

Southsea Ventures Limited, based in Lymington, UK, is a small, active company founded fifteen years ago in 2010. With six employees and £219,323 in assets, it operates from a real address and is overseen by two directors and one owner. The company is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances – its last import operation was made over two years ago in April 2021.

The business’s core activity revolves around sea kayaking adventures, offering expeditions globally, including destinations like Australia, Fiji, and Antarctica. Its website showcases a range of trips, from liveaboard kayaking journeys to camping expeditions, catering to both experienced paddlers and those seeking a unique travel experience. The company also boasts a history as the world's first Antarctic kayak company, having operated commercial trips in the region since the late 1990s, and even offers personalised tours.

Financially, Southsea Ventures Limited presents a mixed picture. While current assets increased by 18% to £220,000, net assets decreased by 3.3% to £320,000. Cash reserves have taken a significant hit, dropping 64% to just £4,700. Trade debtors have also increased, suggesting a potential reliance on customer payments. The company’s employee numbers have fallen by 33%, from six to four, which could be a result of cost-cutting measures or a shift in operational strategy. The company is exempt from an audit, so the figures are unaudited. It's a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Registered in England/Wales under the registration number 07219826, with a registered address at SO41 6AA, England, Lymington, Hampshire, St Andrews Station Road, Sway.

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