Transocean (n.i.) Limited

Transocean (n.i.) Limited, based in Belfast, UK, is a small, active company established 35 years ago. With seven employees and £2,431,324 in assets, it operates from a real address and is managed by three directors and one owner, boasting a stellar 5.0 Google rating from just two reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity occurring one month ago.

The business focuses on freight forwarding, customs clearance, containerisation, and waste recyclables, offering services from its location near Belfast’s international docks. It’s been a leading freight forwarding agent in Northern Ireland for decades, remaining privately owned and expanding its customer base beyond the region. The company emphasizes a professional yet personal service, with an experienced staff dedicated to delivering reliable and cost-effective logistics solutions.

Financially, Transocean (n.i.) Limited shows some interesting trends. Cash bank on hand decreased by 18% to £1,600,000, while net assets increased by 7.1% to £870,000. Trade debtors increased by 16% to £860,000, suggesting potentially delayed customer payments. Despite a decrease in creditors by 40%, the company’s bank borrowings increased significantly. The company’s small size—meeting two of three criteria for a small company—helps it stay agile. There's no auditor mentioned, likely due to its small size, so the figures are unaudited.

Overall, Transocean (n.i.) Limited appears to be a steady, albeit small, business. The increase in debtors and decrease in cash, however, could indicate some challenges in managing cash flow—but the company’s long-standing reputation and experienced staff suggest it’s well-equipped to navigate these pressures.

Registered in Northern Ireland under the registration number NI024354, with a registered address at BT3 9JL, Northern Ireland, Belfast, Unit 4 Victoria Business Park, 9 West Bank Road.

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