SM GROUP (EUROPE) LTD.
Company number 01306320 · Monitor this company
Executive summary
SM Group (Europe) Ltd. presents a high-risk investment profile characterised by a functionally zero cash position (£444) against £1.72M in current liabilities, combined with a decade-long decline in net assets from £2.71M to £1.69M. While the company benefits from a 47-year operating history and positive net current assets of £1.16M, the heavy reliance on stock realisation (£1.82M, representing 63% of current assets) to meet obligations creates material liquidity vulnerability. The concentrated ownership structure and filleted accounts filing limit visibility into profitability and cash flow dynamics, making further due diligence essential before any institutional commitment.
Shareholders' funds
£2,379,694
Balance sheet as at 2022-10-31
What it does
The principal activity of the company is that of the sale of marine technology.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1977-04-01
- Employees
- 29 (2025 accounts · was 31 in 2024)
- Registered office
- Mercator House, 22 Brest Road, Plymouth, Devon, United Kingdom, PL6 5XP
- Postcode
- PL6 5XP
- Capital
- 3,052 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2026-09-05
- Next due by
- 2027-09-19
Nature of business (SIC)
- 46900 Non-specialised wholesale trade
Officers 3 current · 6 resigned
Group structure 1 subsidiary
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA512413 (Tier 2), registered since 2019.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| SUTTON MARINE LIMITED | 1992-11-25 |
| SUTTON MARINE ELECTRONICS LIMITED | 1978-12-31 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| MERCATOR HOUSE, TECHNOLOGY ZONE PLYMOUTH, INTERNATIONAL BUSINESS PARK, PLYMOUTH, PL6 5XP | 2018-09-05 |
| SALT QUAY HOUSE,, NORTH EAST QUAY,, SUTTON HARBOUR,, PLYMOUTH DEVON PL4 0RA | 2003-06-19 |
| SUTTON HARBOUR MARINA, PLYMOUTH, DEVON PL4 0DW | 1991-02-07 |
Among its peers
Top 10%
by shareholders' funds, of 85 similar companies in PL
Among the biggest employers among its local peers (29 staff).
Among the oldest 25% of its local peers, trading since 1977.
No.7 of the largest non-specialised wholesale trade companies in Plymouth →
Competitors Plymouth
This company ranks 7 among non-specialised wholesale trade in Plymouth.
The class of 1977
51%
of the 7,314 companies incorporated in 1977 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.