CLIPPER MARINE LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -23.6%

  £10,315,976 → £7,882,565

  lowest in 5 filed years

• Cash

  -1.1%

  £566,179 → £559,853

• Net assets

  -21%

  £1,755,956 → £1,387,277

• Employees

  0%

  14 → 14

• Operating profit

  -104%

  £1,073,479 → -£43,412

  lowest in 5 filed years

• Profit before tax

  -138.4%

  £842,691 → -£323,929

  lowest in 5 filed years

• Wages

  -2.1%

  £609,152 → £596,135

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. CLIPPER MARINE LIMITED 2007-09-10 → present
2. STUNDER 100 LTD 2006-08-04 → 2007-09-10
3. GARI UK LIMITED 2006-06-06 → 2006-08-04

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CLIPPER MARINE LIMITED · parent
   1. Clipper Marine Motorboats Limited 100%
   2. Clipper Marine Spain SL 100% · Spain · same of the company

Significant events

• “The year has presented some challenging market conditions with financing costs remaining high for the retail market and stock funding, additional pressure is being felt from high inflation and overall market confidence.”
• “This year we have seen the launch of two new models which have received positive market feedback and in the later part of the year added Regal to our portfolio for the Spanish market and positioned us well for future demand.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.