Val Wyatt Marine Limited

Val Wyatt Marine Ltd, based in Reading, UK, is a well-established small company with an active status, celebrating 60 years in business. Founded in 60 years ago, it employs 11 people and holds assets valued at £2,699,080. With a real address and three directors, plus one owner, it boasts an impressive Google rating of 5.0 based on 129 reviews. The company is a regular importer of ships, boats, and floating structures, with 42 months of import activity recorded, the latest in September 2024.

The company’s website highlights a passion for boating and a commitment to quality and excellence. It operates from both a marina on the River Thames and a brand new Chichester boat showroom, selling new and used boats from various brands like Corsiva, Interboat, Haines, and Intercruiser. Beyond sales, Val Wyatt Marine offers brokerage services, marina services (including moorings and boat storage), and even has a chandlery run by MEC Marine. The website also features a blog with insights into boating lifestyle and maintenance tips.

Financially, Val Wyatt Marine Ltd presents a mixed picture. Cash reserves decreased by 8.8% to £1,800,000, while current assets increased by 11% to £2,700,000. Trade creditors decreased by 67%, suggesting improved debt management. However, net losses deepened, and bank borrowings surged, indicating potential cash flow pressures. 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. No auditor is mentioned, so the financial statements are unaudited.

Overall, Val Wyatt Marine Ltd appears to be a resilient business with a strong reputation, but it’s facing some financial headwinds. The company’s diverse offerings and commitment to customer service suggest a solid foundation, but careful management will be needed to navigate these challenges and maintain its success.

Registered in England/Wales under the registration number 00850451, with a registered address at RG10 8LH, Reading, Willow Marina Willow Lane, Wargrave.

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