Taylor Maritime (uk) Ltd

Taylor Maritime (UK) Ltd is a small, holding company based in London, UK, with an active status. Founded seven years ago in 2018, it employs six people and holds £188,255 in assets. The company is directed by two individuals and owned by Grindrod Shipping Holdings Ltd, with the ownership list having changed eleven months ago. It operates in the management consultancy sector and is an irregular importer, primarily dealing in clothing and accessories (not knitted or crocheted), with its last import operation recorded two months ago in March 2022.

The company’s website reveals a focus on geared dry bulk shipping, positioning itself as a commercial shipping company specializing in this segment of the global shipping sector. It operates a fleet of dry bulk vessels and emphasizes service, experience, and continuous improvement. The site is heavily restricted, with numerous disclaimers preventing access from various countries and regions, and targeting only "Relevant Persons" due to complex financial regulations. It seems the company is primarily focused on investor relations and ESG reporting, with a significant portion of the website dedicated to legal notices and regulatory compliance.

Financially, Taylor Maritime (UK) Ltd appears to be facing challenges. Current assets have plummeted by a staggering 66%, dropping to just £190,000, while net assets have fallen by a dramatic 95%, leaving just £14,000. Bank borrowings remain stable, but cash reserves have halved to £150,000. Trade debtors have also decreased significantly, suggesting better debt collection, but creditors have also fallen, which is a positive sign. The company’s small size (meeting two of three criteria for being considered small) allows for agility, but the sharp decline in equity raises concerns. The accounts are unaudited, and no auditor is mentioned.

While the investor-focused website suggests a larger parent company and a focus on sustainability, the financial data paints a picture of a company struggling to maintain its financial health. Whether the parent company’s resources can support Taylor Maritime (UK) Ltd through this period remains to be seen.

Registered in England/Wales under the registration number 11170866, with a registered address at SW3 3NR, United Kingdom, London, 1st Floor 59 Markham Street, Chelsea.

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