Vitesse Marine Limited
- Small
- Active
- 22 years
- 7 employees
- £1,610,381 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Irregular exporter
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Vitesse Marine Ltd, based in Fareham, UK, is a small, active company founded 22 years ago. With seven employees and £1,610,381 in assets, it operates from a real address and is led by a single director and owner – a solo founder. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 114 months of import activity recorded, the last in February 2025. It also occasionally exports electrical machinery and equipment, with just two months of export activity, the last in August 2019.
The company's website showcases a wide range of marine equipment, from anodes and anchoring supplies to plumbing and paint coatings. It operates as a distributor, offering products from well-known brands like MG Duff, Vetus, and Jabsco. The site functions as an e-commerce platform, allowing customers to browse and purchase items online. A "Featured" section highlights specific products like bronze ball valves and non-slip deck sheets, aiming to attract customers with competitive pricing and convenient shopping.
Financially, Vitesse Marine Ltd demonstrates a mixed picture. Current assets have increased significantly, jumping 85% to £1,600,000, while net assets also rose by 8.3% to £1,400,000. Cash bank on hand increased by 19% to £490,000, a positive sign of liquidity. However, creditors have also increased by 25% to £220,000, which could indicate increased reliance on short-term financing. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in creditors warrants monitoring. The accounts are abridged and unaudited, and no auditor is mentioned, which is typical for small companies.
Overall, Vitesse Marine Ltd appears to be a stable, albeit small, business. The increase in assets and cash suggests growth, but the rise in creditors needs to be watched. The company's focus on marine equipment distribution and its online presence position it well in the market, but continued financial scrutiny is advisable.
Registered in England/Wales under the registration number 04458271, with a registered address at PO16 8TT, Fareham, Hampshire, Unit E4, Fort Wallington.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Cleverley Paul Ian
- 7 months
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Cleverley Paul Ian
- 7 months
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-03-04 with updatesDownload 5 pages pdf report
-
Change of details for Mr Paul Ian Cleverley as a person with significant control on 2025-03-03Download 2 pages pdf report
-
Purchase of own shares.Download 4 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Vitesse Marine Limited
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