Undersea Adventures Limited

Undersea Adventures Limited, based in Nottingham, UK, is a small, holding company with an active status. Established 30 years ago in 1995, the company employs seven people and holds £270,500 in assets. It operates from a real address and is managed by one director and two owners, with a focus on e-commerce. The company regularly imports toys, games, and sports equipment, with 11 months of import activity recorded, the last operation made on July 01, 2024. The company’s activities fall under the “other service activities n.e.c.” industries.

The company’s website, while not detailed, suggests a focus on general merchandise and potentially related services. There’s no clear indication of a physical store or extensive product range, but the e-commerce presence points to online sales as a primary channel.

Financially, Undersea Adventures Limited presents a mixed picture. While current assets increased slightly to £270,000, equity dropped significantly by 34%, falling to £58,000. Bank borrowings increased by 35%, reaching £45,000, and cash reserves declined by 54%, leaving just £5,200. Creditors rose by 24%, reaching £200,000, and net assets decreased by 26%, landing at £83,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity and cash reserves warrants attention. As a small company, it’s likely exempt from an audit, so the figures are unaudited. The company’s net current assets decreased by 30%, which is a worrying trend.

Registered in England/Wales under the registration number 03018624, with a registered address at NG17 7LE, England, Nottingham, Nottinghamshire, 17a Unity Road Lowmoor Business Park, Kirkby-In-Ashfield.

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