W. W. Marine Services Limited

W. W. Marine Services Limited, based in West Malling, Kent, UK, is a small, active company founded 21 years ago. With two employees and £247,506 in assets, it operates from a virtual address shared by 33 other companies, and is led by three directors and a single owner, Willis Paul Antony. The company regularly imports ships, boats, and floating structures, with its most recent import operation occurring in July 2024.

The company’s core business, as detailed on its website, is providing marine inspection services. It offers a wide range of services, including ultrasonic thickness measurement, hull condition surveys, and drone inspections. These services cater to clients worldwide, with a particular focus on steel inspection, coating condition surveys, and offshore installations. The company utilizes advanced technologies like drones equipped with 4K cameras and adheres to industry standards like DNVGL, LR, and NKK. It’s clear they're positioning themselves as a leading international surveying company, offering expertise and technology to the maritime sector.

Financially, W. W. Marine Services Limited presents a mixed picture. Current assets have increased by a significant 94%, reaching £250,000, while net assets have grown by 60% to £440,000. Bank borrowings have increased, and cash reserves have also improved. However, creditors have also risen, suggesting a need to manage debt effectively. The company’s small size—meeting two of three conditions for being a small company—allows for flexibility, but the rising debt levels warrant attention. No auditor is mentioned, which is typical for small companies, meaning the figures are unaudited.

Overall, W. W. Marine Services Limited appears to be a growing business, leveraging technology and expertise to serve the marine industry. While the increasing debt is something to monitor, the company’s strong service offerings and growing asset base suggest a positive trajectory.

Registered in England/Wales under the registration number 04948160, with a registered address at ME19 6JU, Kent, 19-21 Swan Street, West Malling.

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