Undersea Centre Limited

Undersea Centre Ltd from Eastleigh, UK, is a small holding company with an active status, established seven years ago. Employing just two individuals, the company holds assets valued at £393,682, operating from a virtual address – a detail worth noting as thirty-five companies share the same location. Led by four directors and owned by a single individual, the business runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances, parts (for seven months), and exports toys, games, and sports equipment (for thirteen months).

The company specialises in the manufacture of diving fittings, adaptors, mixed gas fittings, and dive facility compressor parts, selling through its website and catering to both commercial and industrial customers. The site emphasizes fast delivery and customer support, with a dedicated section for EU customers regarding import taxes. It also offers a range of services, including testing, air care, and dry suit seal replacements.

Financially, Undersea Centre Ltd presents a mixed picture. Current assets have increased by 4.6% to £390,000, while net assets have risen by 17% to £70,000. Cash reserves have decreased by 6.2% to £170,000, and bank borrowings have remained relatively stable. Creditors have also decreased slightly, suggesting some improvement in debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

While the company's asset base has increased, the decrease in cash reserves and the lack of a clear profit picture warrant further observation. The business appears to be navigating the challenges of a competitive market, relying on its niche expertise and online presence to maintain its operations.

Registered in England/Wales under the registration number 11254417, with a registered address at SO53 4AR, United Kingdom, Eastleigh, Hampshire, Highland House Mayflower Close, Chandler's Ford.

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