Waverley Excursions Limited

Waverley Excursions Ltd from Glasgow UK: a small holding company with an active status, was founded 45 years ago. Employing 17 people, the company holds assets of £927,611 and is overseen by eight directors and one owner. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with recent imports occurring just two months ago.

The company operates the World’s last seagoing paddle steamer, offering cruises and tours. Its website prominently features booking options, sailing updates, and a chance to donate, highlighting its commitment to preserving a unique piece of maritime heritage. The site also functions as an online shop selling Waverley merchandise. Waverley Excursions Ltd runs cruises throughout the UK, including the Glasgow and Clyde Coast, Oban, North Wales, Bristol Channel, and South Coast, catering to both individual travellers and groups. It even offers exclusive hire and filming opportunities.

Financially, Waverley Excursions Ltd appears to be holding its own, though some numbers are a bit concerning. Cash bank on hand increased by 56% to £830,000, which is good news. However, creditors rose by 49% to £920,000, and trade debtors decreased by 6.8%, suggesting some challenges in collecting payments. The company’s small size – meeting two of three conditions for a small company – allows for flexibility, but the increase in borrowing is something to keep an eye on. The company’s net assets are £3,500, which is a little low. The company’s accounts are audited, which is reassuring. No auditor is specifically named, likely due to the company’s small size. The company’s website also mentions a Paddle Steamer Preservation Society, suggesting a broader mission beyond just commercial operations.

Registered in Scotland under the registration number SC070945, with a registered address at G3 8HA, Glasgow, Waverley Terminal, 36 Lancefield Quay.

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