Victor Marine Limited

Victor Marine Limited, based in Doncaster, UK, is a small holding company with an active status, celebrating 47 years in business. Founded in 1977, the company employs 13 people and holds assets valued at £2,043,831. It’s led by a single director and owner, operating from a real address. The company regularly imports and exports machinery, boilers, and mechanical appliances, with a strong focus on parts—95 months of import activity and 381 months of export activity recorded.

Victor Marine's operations are centered around the design and manufacture of marine equipment, a legacy stemming from a 2005 merger of Victor Pyrate and Hodge Separators Ltd, combining over a century of industry experience. The company’s website highlights its expertise in tank washing machines, gas freeing fans, oily water separators, and sewage treatment plants, catering to shipbuilders, operators, and owners worldwide. It emphasizes bespoke solutions, customer support, and environmental compliance, with a particular focus on improving water quality and reducing carbon footprints.

Financially, Victor Marine Limited shows a mixed picture. While net assets increased by 23%, rising to £550,000, cash reserves declined by 33%, falling to £110,000. Trade debtors increased significantly, ballooning by 25% to £560,000, while creditors remained relatively stable at £1,500,000. The company's small size (meeting two of three criteria for a small company) allows for agility, but the increase in debtors suggests potential challenges in collecting payments. The lack of an auditor mentioned is typical for a small company. The company's reliance on retained earnings accumulated losses, which increased by 23%, may be a cause for concern. It’s clear that the company is doing well, but needs to watch its cashflow.

Registered in England/Wales under the registration number 01341187, with a registered address at DN4 5JP, England, Doncaster, Apex Offices, Water Vole Way.

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