Trafalgar Marine Services Limited

Trafalgar Marine Services Ltd, based in Derbyshire, UK, is a small, active company established 21 years ago. With just six employees and £61,912 in assets, it operates from a virtual address – thirteen companies registered at the same location – and is led by two directors and one owner. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from eight reviews. It’s an irregular importer, primarily dealing in iron or steel products, with its last import occurring one month ago in October 2023.

The company specializes in crafting traditional rope fenders for canal boats, and its website showcases a range of products, including rope fenders, mooring ropes, and canal boat hardware. It also offers rubber and rope side fenders, high-strength mooring ropes, and essential fender-fitting accessories. The website highlights handmade quality and caters to both individual boat owners and trade customers.

Financially, Trafalgar Marine Services Ltd shows some concerning trends. Cash bank on hand has fallen by a significant 58%, dropping to £11,000, and current assets have decreased by 11% to £62,000. Trade debtors have increased by 21%, reaching £44,000, which could indicate challenges in collecting payments. On a positive note, creditors have decreased by 25%, suggesting improved management of short-term liabilities. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decline in cash reserves warrants attention. The accounts are unaudited and prepared as abridged accounts, and the company is exempt from an audit. While the business appears to be well-regarded by its customers, these figures suggest it's burning through money, and it’s not clear if it can sustain this rate.

Registered in England/Wales under the registration number 04817671, with a registered address at SK22 3EL, Derbyshire, 45 Union Road, New Mills, High Peak.

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