Wet Zone Limited

Wet Zone Ltd from Banstead UK: a small, active company founded eleven years ago, operates with a single employee and holds £42,458 in assets. Led by a solo founder and director, the company regularly imports furniture, lighting, and prefabricated buildings—a trend observed over the last ten months. It's a real address, with only six companies registered at the same location, suggesting a legitimate operation.

The company's core business revolves around providing scuba diving experiences and related services in Khao Lak, Thailand. Wet Zone Divers, as it's known, offers tag-along trips, safari tours, and snorkeling excursions to popular dive sites like the Similan Islands and Richelieu Rock. It operates its own speedboat, the Blue Marlin, and emphasizes small group sizes and personalized service. The website boasts a range of PADI courses and a commitment to eco-friendly practices, including plastic-free diving and the use of reef-safe sunscreen.

Financially, Wet Zone Ltd presents a mixed picture. Current assets have dropped significantly by 47%, falling to £42,000. Cash reserves have also taken a hit, decreasing by 73% to £15,000. Bank borrowings, however, have surged by 2,400%, reaching £29,000—a notable shift. Creditors have decreased by 81%, which could indicate improved debt management. Equity, however, has increased by 34%, rising to £32,000, a positive sign. The company's small size—meeting two of three conditions for a small company—allows for flexibility, but the decrease in cash and increase in borrowings warrants attention. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The company's focus on eco-tourism and personalized diving experiences seems to be resonating with customers, as evidenced by its website and online presence. However, the financial data suggests that Wet Zone Ltd is facing challenges in managing its cash flow and potentially relying more on borrowing to sustain its operations.

Registered in England/Wales under the registration number 08876510, with a registered address at SM7 3BT, England, Banstead, Surrey, Suite B, Castle House, Park Road.

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