OCEANIC SEAFOODS LIMITED

201 RIVERWAY HOUSE, MORECAMBE ROAD, LANCASTER, LANCASHIRE, LA1 2RX

Company Number: 06996833
Incorporation date: 20-Aug-2009
Status: Active
Entity type: Private Limited Company

SIC codes:
10200 Processing and preserving of fish, crustaceans and molluscs
46380 Wholesale of other food, including fish, crustaceans and molluscs
46900 Non-specialised wholesale trade



SUMMARY

This company is 14.6 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 1.1 million which has increased from GBP 936.2 thousand in the previous year. The latest reported revenue figure is GBP 51.8 million which is up 60% on previous year's figure of GBP 33 million. The company has 2 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Nov-2024
Accounts Filed: FULL (28-Feb-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
28-Feb-2023 GBP 51,770,205 1,204,821 -116,906 257,432 1,064,295
28-Feb-2022 GBP 33,016,480 639,247 -6,181 133,707 511,721
29-Feb-2020 GBP 34,578,973 477,342 849 94,425 382,068
28-Feb-2019 GBP 30,717,612 616,868 20,642 121,457 516,053
28-Feb-2018 GBP 28,690,143 749,894 -67,181 -130,495 552,218
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
28-Feb-2023 GBP 1,387,175 10,153,785 9,147,188 90,000 908,402 1,088,402
28-Feb-2022 GBP 836,373 4,946,325 4,052,675 90,000 756,199 936,199
29-Feb-2020 GBP 674,261 7,852,171 6,340,613 180,000 1,343,858 1,523,858
28-Feb-2019 GBP 675,311 6,166,901 4,740,368 180,000 1,253,162 1,433,162
28-Feb-2018 GBP 704,235 5,524,582 4,310,995 180,000 1,042,713 1,222,713
28-Feb-2017 GBP 676,528 5,062,529 4,133,474 180,000 754,683 934,683

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
28-Feb-2022 GBP -100.00% -90,000 180,000 90,000 -620,317
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active James Michael Alan WELSH 20 Aug 2012 29 Mar 2024 1 - 0
Resigned Donald Patrick WELSH 20 Jun 2011 20 Aug 2012 0 - 1
Resigned Karen STORR 20 Aug 2009 20 Jun 2011 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Beverley RENWICK 10 Jan 2022 Finance Director British 1 - 00 (0.0%)
Active James Michael Alan WELSH 20 Jun 2011 None British 1 - 00 (0.0%)
Resigned Donald Patrick WELSH 25 Feb 2010 20 Jun 2011 Company Director British 0 - 20 (0.0%)
Resigned Jonathan Mark WARBURTON 20 Aug 2009 28 May 2021 Solicitor British 6 - 134 (21.1%)
Number of active directors: 2
Average tenure of active directors: 7.5 years
Average tenure of resigned directors: 6.5 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
OCEANIC SEAFOODS LIMITED (06996833) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-08-202019-08-202018-08-202017-08-202015-08-20
JAMES MICHAEL ALAN WELSHA ORDINARY90,000
50%
90,000
50%
90,000
50%
90,000
50%
90,000
50%
THREE OCEANS FISH COMPANY LTDB ORDINARY90,000
50%
90,000
50%
90,000
50%
90,000
50%
90,000
50%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

OCEANIC SEAFOODS LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 10200 Processing and preserving of fish, crustaceans and molluscs)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
YOUNG'S SEAFOOD LIMITED YOUNG'S HOUSE, WICKHAM ROAD, GRIMSBY, ENGLAND, DN31 3SW 03751665 2017-09-30 523,338,000 -39,338,000
INTERNATIONAL SEAFOODS LIMITED HILMORE HOUSE, GAIN LANE, BRADFORD, WEST YORKSHIRE, BD3 7DL 07838062 2018-02-04 157,476,000 3,985,000
NEW ENGLAND SEAFOOD INTERNATIONAL LIMITED 48 COX LANE, CHESSINGTON, SURREY, KT9 1TW 02565953 2017-10-31 151,467,000 907,000
MARINE HARVEST VAP UK LIMITED C/O BRODIES LLP CAPITAL SQUARE, 58 MORRISON STREET, EDINBURGH, UNITED KINGDOM, EH3 8BP SC349437 2017-12-31 144,810,245 5,893,464
FARNE SALMON & TROUT LIMITED STATION ROAD, DUNS, BERWICKSHIRE, TD11 3HS SC076613 2018-06-30 114,449,000 1,123,000
LYONS SEAFOODS LIMITED FAIRFIELD HOUSE, FAIRFIELD ROAD, WARMINSTER, WILTSHIRE, BA12 9DA 02987743 2018-06-30 114,183,000 9,878,000
THISTLE SEAFOODS LIMITED THISTLE SEAFOODS LIMITED HARBOUR STREET, BODDAM, PETERHEAD, SCOTLAND, AB42 3AU SC223362 2017-12-31 89,545,000 0 46380-Wholesale of other food, including fish, crustaceans and molluscs
MACDUFF SHELLFISH (SCOTLAND) LIMITED PINSENT MASONS LLP, 13 QUEENS ROAD, ABERDEEN, SCOTLAND, AB15 4YL SC106514 2017-12-31 77,965,088 5,591,741
FIVE STAR FISH LIMITED TRINITY PARK HOUSE TRINITY BUSINESS PARK, FOX WAY, WAKEFIELD, WEST YORKSHIRE, WF2 8EE 07208651 2017-07-29 57,521,000 -17,272,000
COOMBE FISHERIES LIMITED RIVERSIDE ROAD, POTTINGTON BUSINESS PARK, BARNSTAPLE, DEVON, EX31 1QN 01506577 2017-12-31 24,159,156 0
COQUET ISLAND SHELLFISH LIMITED COQUET ISLAND SHELLFISH COQUET ENTERPRISE PARK, AMBLE, MORPETH, ENGLAND, NE65 0PE 04874060 2018-04-30 13,128,349 0
S. RIDDLER LIMITED UNIT 2A/2B VICTORIA BUSINESS PARK, ROCHE, ST. AUSTELL, ENGLAND, PL26 8LX 02060546 2017-11-30 8,838,428 0 46380-Wholesale of other food, including fish, crustaceans and molluscs
MACDUFF SHELLFISH GROUP LIMITED PINSENT MASONS LLP, 13 QUEENS ROAD, ABERDEEN, SCOTLAND, AB15 4YL SC395537 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
OCEANIC SEAFOODS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.5% 2.1% 5.6% Medium
Sic code count 0.8% 4.4% 8.7% Medium
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