Ultrabeam Limited

Ultrabeam Hydrographic, based in Hayle, UK, is a small, active company founded seven years ago in 2018. Employing eleven people, it holds £536,751 in assets and operates from a real address within the Hayle Marine Renewables Business Park. The company is led by two directors and two owners, Gabriel Walton and Ian McLeay. Ultrabeam Hydrographic specializes in hydrographic and geophysical survey services, with a focus on high-resolution marine asset inspection and data processing. It's an irregular importer of optical and medical tools and devices (two months of imports, last in 2022) and an irregular exporter of electrical machinery and equipment (one month of exports, last in 2022).

The company's website showcases a range of services, including hydrographic surveys, cable and pipeline route inspections, UXO surveys, and port and harbour surveys. It highlights the use of innovative survey tools, particularly unmanned surface vessels (USVs), designed to enhance data acquisition and precision. The website also features a section on "Meet the Team," emphasizing the experience of its directors and the company's commitment to British craftsmanship.

Financially, Ultrabeam Hydrographic shows a mixed picture. Current assets have fallen by 19% to £540,000, while net assets have dropped by 8.5% to £630,000. Bank borrowings have decreased, and cash reserves have increased by 23% to £400,000. Creditors have also decreased, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in net assets warrants attention. The company is exempt from an audit, so the financial information is unaudited.

Overall, Ultrabeam Hydrographic appears to be a specialized service provider navigating a competitive market. Its focus on innovative technology and experienced personnel positions it well, but the recent financial trends suggest a need for careful monitoring and strategic planning.

Registered in England/Wales under the registration number 11174023, with a registered address at TR27 4DD, England, Hayle, Cornwall, Unit 3 Hayle Marine Renewables Business Park, North Quay.

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