Water Rescue Systems Limited

Water Rescue Systems Ltd, based in Workington, UK, is a small, active family business established nine years ago. With a single employee and £113,735 in assets, it operates from a real address and is led by one director and two owners. The company regularly imports ships, boats, and floating structures—a consistent activity over the past five months—but exports these items less frequently, with just two months of activity recorded.

The company’s website positions it as a distributor of safety and rescue equipment, serving British emergency services and safety organizations. It operates from Gatebeck Business Park and provides contact information, including a phone number and WhatsApp call option. The website also highlights its brands and includes a "Rescue Zone" section. It's clear the company focuses on B2B sales, catering to professional organizations rather than individual consumers.

Financially, Water Rescue Systems Ltd’s report reveals a mixed picture. Accumulated depreciation on computer equipment increased by 47%, while motor vehicle depreciation saw a significant jump of 730%. Bank borrowings decreased by 45%, a positive sign, but cash reserves fell by 32% to £16,000. Creditors increased by 53%, suggesting the company is relying more on credit from suppliers. While the company’s turnover isn’t explicitly stated, it meets the criteria for a small company, with assets under £5.1 million. The increase in income from related parties by 43% could indicate growth in its core business, but it's also worth noting that payments to these related parties increased dramatically, by 100%. The company’s reliance on a single employee and the absence of an auditor (likely due to its small size) mean the financial data is unaudited. The company’s assets decreased by 18% and it’s not clear if this is a concern.

Registered in England/Wales under the registration number 09758155, with a registered address at CA14 2LU, England, Workington, Cumbria, Carleton House, 136 Gray Street.

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