Universal Yachting Ltd

Universal Yachting Ltd, based in Southampton, UK, is a small, family-run business with an active status. Founded 17 years ago, the company employs just two people and maintains a real address, managed by three directors and two owners. It boasts a stellar 5.0 Google rating based on 23 reviews. The company regularly imports ships, boats, and floating structures, with 14 months of import activity recorded, the latest in August 31, 2024.

The company operates as a UK distributor for Dufour Yachts, offering both new and used yachts, charter services, and RYA sailing courses. Its website highlights a range of Dufour models, from the Dufour 37 to the Dufour 54, and emphasizes a "Carefree Cruising" package designed to simplify yacht ownership. The site also promotes yacht charter services, personalized RYA training, and even a yacht care service. It’s clear that Universal Yachting aims to be a one-stop shop for sailing enthusiasts.

Financially, Universal Yachting Ltd shows some concerning trends. Accumulated depreciation for office equipment increased by 33%, plant machinery by 34%, and vehicles by 19%, indicating significant investment in fixed assets. Cash bank on hand, however, dropped by a substantial 41% to £220,000. Bank borrowings, particularly non-financial instruments, skyrocketed by 2300%, reaching £610,000—a dramatic increase. Trade debtors also ballooned by 100%, suggesting potential issues with customer payments. Despite these challenges, creditors decreased by 41%, which is a positive sign. 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 agility, but the sharp decline in cash reserves and the increased borrowings warrant closer scrutiny. With no auditor mentioned, the figures are unaudited.

Overall, Universal Yachting Ltd appears to be navigating a period of financial pressure, despite its strong reputation and established business model. The company's focus on Dufour Yachts and its comprehensive range of services provides a solid foundation, but managing its debt and maintaining cash flow will be crucial for its long-term success.

Registered in England/Wales under the registration number 06346725, with a registered address at SO31 1ZL, United Kingdom, Southampton, Hampshire, Unit 17 Swanwick Marina Unit 17 Swanwick Marina, Swanwick.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.