Vortec Marine Limited

Vortec Marine Ltd from Southampton UK is a small holding company with an active status, established 18 years ago. The company employs 13 people and holds £894,136 in assets, operating from a real address. It’s managed by two directors and one owner. Vortec Marine regularly imports ships, boats, and floating structures (for 5 months, with the last import in December 2024) and exports them too (for 3 months, with the last export in March 2023).

The company functions as a leading independent yacht refit, repair, and maintenance service centre, accredited as a Hinckley Yacht Service Centre. It also operates a brokerage, proudly representing Nautor’s Swan as the UK’s official brokerage. Additionally, Vortec Marine partners with RibX International, manufacturing custom superyacht tenders and SOLAS-certified vessels. The company offers a wide range of services, from brokerage and sales to bespoke fitouts, and caters to discerning private and business clients. It’s a family business, and they pride themselves on their expertise in prestigious brands like Nautor Swan, Oyster Yachts, and Hinckley.

Financially, Vortec Marine shows a mixed picture. Current assets increased by a respectable 75% to £890,000, while net assets also rose by 56% to £410,000. However, bank borrowings surged by 130%, reaching £90,000, and other creditors ballooned by a massive 920%, settling at £380,000. Cash reserves, however, increased by 53%, reaching £210,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, likely due to its small size. The increase in bank borrowings and creditors, however, suggests the company is investing in its operations—or perhaps facing some financial strain. The company’s growth in assets is a good sign, but the rising debt levels should be monitored closely.

Registered in England/Wales under the registration number 05906470, with a registered address at SO31 1FA, England, Southampton, Unit 10, The Saltings Bridge Road, Swanwick.

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