Yachtprojects International Ltd

Yachtprojects International Ltd from Southampton UK: small company, active status, founded 12 years ago, £9,965 assets, real address, 3 directors, 1 owner, solo founder. Irregular importer of electrical machinery and equipment (2 months imported). Irregular exporter of electrical machinery and equipment (2 months exported). It’s a small, active company based in Southampton, UK, founded twelve years ago. The business is owned and managed by a solo founder, with three directors supporting the operations. It holds just £9,965 in assets and operates from a real address shared by two other companies.

Yachtprojects International provides marine communications and networking solutions, with offices in Florida, England, and Spain. Their website showcases a range of services, including satellite communications, hardware sales, and consultancy, catering to discerning owners, captains, and management companies. The company's mission is to provide multifaceted solutions within a fluctuating global market, assisting clients in meeting budgets while navigating challenges. The site also features a European headhunter service and watermaker consultancy, demonstrating a diverse range of offerings.

Financially, Yachtprojects International Ltd presents a mixed picture. Current assets have decreased by 23%, dropping to £10,000, while net assets have plummeted 60% to -£24,000. Bank borrowings have remained relatively stable, but cash reserves have fallen by 31% to £6,900. Creditors have increased significantly, rising by 22%, and trade debtors have also increased slightly. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity decline suggests potential financial pressures. With no auditor mentioned, the figures are unaudited.

The company's irregular import and export activity, limited to just two months each, indicates a niche or project-based business model rather than a high-volume operation. The focus on specialized marine communications and networking suggests a premium service offering, but the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 08395920, with a registered address at SO31 8LR, England, Southampton, Hampshire, 50 Luck Road Bursledon.

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