Stone Marine Services Limited

Stone Marine Services Limited, based in Fife, UK, is a small, active company established 25 years ago in 1999. With 40 employees and £4,067,012 in assets, it operates from a real address in Inverkeithing. The company is managed by six directors, though there are no owners reported, likely one of the directors. Stone Marine Services is a regular importer and exporter, specializing in machinery, boilers, and mechanical appliances, including parts, with 283 months of import activity and 49 months of export activity.

The company's website highlights its role as marine service and repair specialists, offering a wide range of services from propeller repair to dynamic positioning and deck machinery maintenance. It caters to various sectors, including ferries, military fleets, commercial vessels, and even luxury yachts. The website emphasizes its expertise and ability to provide emergency field service and dry dock assistance, along with spare parts storage and logistics. It’s clear the company is focused on providing comprehensive support for marine propulsion systems.

Financially, Stone Marine Services shows a mixed picture. Creditors increased by 10% to £2,400,000, while cash bank on hand grew significantly by 26% to £2,100,000. However, accumulated depreciation on property, plant, and equipment increased by 7.3%, and net assets decreased by 7.8% to £1,900,000. Debtor amounts fell by 19%, which could be a sign of better collection or a slowdown in sales. The company's small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity warrants attention. The company is not audited, so the figures are unaudited.

The company's focus on specialized marine services and its ability to serve a diverse range of clients suggests a stable business model. However, the financial trends indicate a need for careful management to ensure long-term sustainability.

Registered in Scotland under the registration number SC202418, with a registered address at KY11 1DS, Fife, East Ness, Preston Crescent, Inverkeithing.

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