Whitehaven Marina Limited

Whitehaven Marina Ltd from Southampton UK is a small, holding company with an active status, established sixteen years ago in 2008. The company employs nineteen people and holds £398,203 in assets. It’s managed by two directors and has one owner, boasting a respectable Google rating of 4.0 based on nearly two thousand reviews. The company operates from a real address, with only four companies registered there, suggesting authenticity. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with the latest import occurring just two months ago. The company operates in the other letting and operating of own or leased real estate industries.

The company’s website, whitehavenmarina.co.uk, showcases a marina offering boat moorings, boat sales, and associated services. While not a full-fledged e-commerce site, it provides information about the marina, pricing, and contact details. It appears to be a brochure-style website, designed to inform potential customers rather than facilitate online transactions.

Financially, Whitehaven Marina Ltd presents a mixed picture. While current assets decreased by 11% to £400,000, bank borrowings surged by 2,400% to £3,000. Cash reserves also fell 7.4% to £240,000. Net assets plummeted 42%, dropping to £44,000, a significant decline. Creditors decreased by 4%, suggesting improved debt management. Trade debtors also fell by 22%, indicating quicker customer payments. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the sharp equity drop is concerning. Property plant and equipment gross cost increased by 1.8% to £470,000, while depreciation increased by 12% to £100,000. Future minimum lease payments decreased by 9.1% to £1,300,000. With no auditor mentioned, the financial statements are unaudited.

The company’s financial performance suggests it’s facing some pressure, despite a solid reputation and active business. The decline in equity and increase in borrowings could be due to various factors, such as investments in infrastructure or increased operating expenses. It’s likely that the company is still navigating the challenges of a competitive market, but its strong Google rating and established presence indicate a resilient business.

Registered in England/Wales under the registration number 06647450, with a registered address at SO31 7ZN, England, Southampton, Universal Marina Crableck Lane, Sarisbury Green.

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