Submerged Diving Limited

Submerged Diving Limited, based in Batley, UK, is a small, active company founded four years ago. With £31,527 in assets and a real address, it operates as a retail business via mail order and internet, alongside offering business support services. The company employs two directors and is owned by Farish Rodney. It also runs an e-commerce site. Regular imports of machinery, boilers, and mechanical appliances are a key part of its operations, with the latest import occurring in June 2024. It also exports miscellaneous manufactured goods, although less frequently, with the last export in October 2024.

The company’s website highlights its focus on retail and support services. While the exact nature of its diving-related activities isn’t immediately clear, the name suggests a connection to the sport or industry. The site's presence indicates a commitment to online sales and customer engagement.

Financially, Submerged Diving Limited presents a mixed picture. Cash bank on hand decreased by 5.1% to £5,400, while creditors increased significantly by 210% to £20,000. Current assets saw a healthy 120% increase to £32,000, but trade debtors jumped to £22,000, which could indicate delayed payments. Equity rose by 39% to £11,000, but net assets liabilities also increased to £11,000. Final dividends paid reached £13,000, a substantial figure given the company's size. Inventories decreased by 53%, which could be a concern if it impacts the ability to fulfill orders. The company is a small entity, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Submerged Diving Limited appears to be navigating a period of change. While some areas show positive growth, like current assets, the increase in creditors and the decline in cash reserves suggest potential financial pressures. The company’s focus on e-commerce and its niche market could be key to its long-term success, but careful management of its finances will be essential.

Registered in England/Wales under the registration number 13054506, with a registered address at WF17 8HF, England, Batley, Unit 11 A 624 Bradford Road.

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