White Ocean Racing Ltd

White Ocean Racing Ltd, based in Dorchester, UK, is a small, active company established twenty years ago in 2005. It employs just two people and holds £7,041 in assets. Founded and run by a single individual, the company has one director and owner. It’s an irregular importer, primarily dealing in vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded one month ago.

The company’s website, White Ocean Racing, focuses entirely on the ambitious solo voyage of Steve White, a professional sailor attempting to become the fastest yachtsman to sail nonstop and singlehanded around the world—the “wrong way.” The site details his planned route, the boat he’s using, and his quest to push the limits of endurance. It’s clearly a passion project, with the website currently under construction and encouraging visitors to call back later. There’s a focus on sponsorship opportunities, and a section dedicated to the boat itself, alongside a biography of Steve White.

Financially, White Ocean Racing Ltd’s numbers present a mixed picture. Current assets have surged an incredible 2900%, reaching £7,000, while net assets remain in negative territory at -£12,000. Bank borrowings have also increased significantly, with non-financial instruments rising by 320% to £10,000. Creditors have increased by 75%, reaching £30,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the negative equity and reliance on borrowing suggest a tight financial situation. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit. The significant increase in assets, however, could be a one-off event, like the sale of an asset, and doesn’t necessarily indicate long-term financial health.

Registered in England/Wales under the registration number 05415428, with a registered address at DT2 7PT, England, Dorchester, Dorset, Whitehorns Pleck Lane, Higher Ansty.

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