Yachting Sports (u.k.) Limited

Yachting Sports (u.k.) Limited, based in Southampton, UK, is a small, active company with a 35-year history. Founded by a solo entrepreneur, it currently employs six people and holds £64,292 in assets. The company has a real address and is managed by a single director and owner, Morland James. It maintains a perfect 5.0 Google rating based on one review. Yachting Sports is an irregular importer, primarily dealing in iron or steel products, with its last import operation occurring in August 1994.

The company's website reveals its core business: boat maintenance in Hamble-le-Rice. It offers services ranging from routine upkeep to more complex repairs, catering to yacht owners and marina residents. Contact information is prominently displayed, including phone numbers for James and Derek, along with a Google Maps link to aid in finding the location within Hamble Point Marina. The site's simplicity suggests a focus on direct customer interaction rather than extensive online sales.

Financially, Yachting Sports (u.k.) Limited presents a mixed picture. While current assets have increased slightly to £64,000, net assets have decreased significantly, falling by 28% to -£66,000. Bank borrowings have been reduced by 35%, which is good, but cash reserves have also declined by 18% to £8,200. Trade debtors have risen considerably, up 58%, which could indicate challenges in collecting payments. The company's small size—meeting two of three conditions for being classified as small—allows for flexibility, but the declining equity raises concerns. The accounts are unaudited, likely due to the company’s small size, so the figures rely on director-reported data.

Overall, Yachting Sports (u.k.) Limited seems to be navigating a period of financial pressure. The company’s reliance on a small number of contacts and a straightforward website suggests a business built on personal relationships and local reputation. Whether it can sustain this model in the face of financial headwinds remains to be seen.

Registered in England/Wales under the registration number 02475833, with a registered address at SO31 4NB, Southampton, Hampshire, Unit 1a Old Fitting Out Shop, Spearfish Road Hamble Point Marina, Hamble.

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