{"name":"AQUALINE MARINE LIMITED","company_number":"04544308","status":"Active","type":"Private Limited Company","incorporated":"2002-09-25","dissolved":null,"registered_office":"C/O NEW BOAT CO, Hanbury Wharf Hanbury Road, Droitwich, Worcestershire, WR9 7DU","postcode":"WR9 7DU","sic_codes":[{"code":74909,"description":"Other professional, scientific and technical activities not elsewhere classified"}],"principal_activity":null,"previous_names":[{"name":"BOAT SALES EUROPE LIMITED","changed_on":"2003-09-09"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":1,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","cash":199520,"average_employees":1},{"financial_date":"2023-12-31","cash":195451,"average_employees":1},{"financial_date":"2022-12-31","net_assets":954325,"cash":486363},{"financial_date":"2021-12-31","net_assets":847440,"cash":547504},{"financial_date":"2020-12-31","net_assets":613880,"cash":898633}],"officers":{"current":1,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Aqualine Marine Limited has suffered a severe financial haemorrhage in 2024, with shareholders' funds declining 62% from £711,663 to £270,333, primarily driven by the disposal of its loss-making Polish subsidiary and associated write-offs. While the strategic decision to amputate this failing operation was sound, the company now faces an uncertain future as a hollowed-out trading entity with no fixed assets, inverted debtor/creditor ratios, and an unclear business model. The patient is stable but fragile — survival depends on aggressive working capital management, profitable core trading activity, and careful cash flow stewardship over the coming 12-18 months.","website":"https://aqualinemarine.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/aqualine-marine","people":"https://www.companiesintheuk.co.uk/company/aqualine-marine/people","filing_history":"https://www.companiesintheuk.co.uk/company/aqualine-marine/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04544308","financials":"https://www.companiesintheuk.co.uk/company/aqualine-marine/financial","control":"https://www.companiesintheuk.co.uk/company/aqualine-marine/control","charges":"https://www.companiesintheuk.co.uk/company/aqualine-marine/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/aqualine-marine/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/aqualine-marine"}