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NOR-SEA FOODS LIMITED
KINNAIRD HEAD WORKS, BATH STREET, FRASERBURGH, AB43 9DYCompany Number: SC054204
Incorporation date: 08-Oct-1973
Status: Active
Entity type: Private Limited Company
SIC codes:
03110 Marine fishing
10200 Processing and preserving of fish, crustaceans and molluscs
SUMMARY
This company is 50.5 years old and is currently active. It is controlled by Nor-Sea (Holdings) Limited. The company has positive equity (net assets) of GBP 6.8 million which has increased from GBP 6.8 million in the previous year. The latest reported revenue figure is GBP 26 million which is down -10% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 24 other companies, 7 (29.2%) of which have since been dissolved or are proposed for strike off. 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: 31-Dec-2024Accounts Filed: FULL (31-Mar-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Mar-2020 | GBP | 25,993,102 | 78,286 | 143 | 18,317 | ||
31-Mar-2019 | GBP | 29,902,323 | 83,534 | 40,276 | 55,719 | ||
31-Mar-2018 | GBP | 28,034,965 | 331,105 | 42,175 | 251,433 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Mar-2020 | GBP | 512,217 | 13,273,015 | 5,074,032 | 2,836,890 | 51,000 | 6,786,546 | 6,837,546 | |
31-Mar-2019 | GBP | 213 | 14,286,877 | 6,274,655 | 2,938,791 | 51,000 | 6,768,229 | 6,819,229 | |
31-Mar-2018 | GBP | 1,883 | 15,606,100 | 7,616,718 | 2,725,852 | 51,000 | 6,712,510 | 6,763,510 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | BURNESS PAULL LLP | 20 Feb 2013 | 28 Mar 2024 | 228 - 1076 | ||
Resigned | PAULL & WILLIAMSONS LLP | 06 Apr 2009 | 20 Feb 2013 | 1 - 361 | ||
Resigned | PAULL & WILLIAMSONS | 29 Jan 2007 | 06 Apr 2009 | 5 - 571 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Gregor John MCNICOL | 19 Aug 2019 | Finance Director | British | 7 - 3 | 2 (20.0%) | |
Resigned | James Ross RENNIE | 16 Dec 2014 | 14 Jun 2019 | None | British | 2 - 8 | 1 (10.0%) |
Resigned | Ian Renshaw STEWART | 25 Mar 2009 | 16 Dec 2014 | Company Director | British | 0 - 12 | 6 (50.0%) |
Active | Francis CLARK (JNR) | 28 Sep 2000 | Company Director | British | 9 - 12 | 7 (33.3%) | |
Resigned | Ian Andrew MCFADDEN | 01 May 1997 | 22 Nov 2006 | Technical Director | British | 0 - 5 | 0 (0.0%) |
Active | Michael William Gordon CLARK | 21 Dec 1995 | Company Director | British | 9 - 9 | 4 (22.2%) | |
Resigned | Francis, Dr CLARK | 21 Dec 1995 | 14 Aug 2004 | Company Director | British | 0 - 20 | 6 (30.0%) |
Resigned | Stuart ALEXANDER | 01 May 1994 | 21 Dec 1995 | Factory Manager | British | 0 - 1 | 0 (0.0%) |
Resigned | John KELLY | 28 Sep 2000 | Fish Merchant | British | 0 - 4 | 2 (50.0%) | |
Resigned | Maurice TAYLOR | 22 Nov 2006 | Managing Director | British | 0 - 8 | 1 (12.5%) | |
Resigned | STRONACHS | 29 Jan 2007 | 7 - 463 | 216 (46.0%) |
Average tenure of active directors: 18.8 years
Average tenure of resigned directors: 3.8 years
Average active director Dissolution Rate: 25.2%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | |||
---|---|---|---|---|---|
2015-07-14 | 2014-07-14 | 2013-07-14 | 2012-07-14 | ||
NOR-SEA (HOLDINGS) LIMITED | ORDINARY | 51,000 100% | 51,000 100% | 51,000 100% | 51,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
NOR-SEA FOODS 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:
03110 Marine fishing)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
J. MARR (SEAFOODS) LIMITED | LIVINGSTONE ROAD, HESSLE, EAST YORKSHIRE, HU13 0EE | 00199160 | 2018-03-31 | 370,755,000 | 5,936,000 | |
FASTNET FISH LIMITED | LIVINGSTONE ROAD, HESSLE, HULL, EAST YORKSHIRE, HU13 0EE | 02091078 | 2018-03-31 | 133,783,000 | 1,649,000 | |
BASONAS LIMITED | VIEWLANDS, COLDHARBOUR, DORKING, SURREY, RH5 6HJ | 04963678 | 2017-12-31 | 3,074,283 | 0 | |
UNITED EXPORTS LTD | VIEWLANDS BROOMEHALL ROAD, COLDHARBOUR, DORKING, SURREY, RH5 6HJ | 04898733 | 2017-12-31 | 1,599,250 | 0 | |
D. I. LAMONT & CO. LTD | ROCKCLIFFE, EAST BAY, MALLAIG, INVERNESS-SHIRE, SCOTLAND, PH41 4QF | SC427893 | 2018-06-30 | 1,313,764 | 0 |
82990-Other business support service activities not elsewhere classified |
PRICE TRAWLERS NI LTD | SUITE 5 ORMEAU HOUSE, 91-97 ORMEAU ROAD, BELFAST, NORTHERN IRELAND, BT7 1SH | NI635566 | 2018-03-31 | 388,457 | 0 | |
MFV DAWN MAID LIMITED | 8A BALISCATE, TOBERMORY, ISLE OF MULL, PA75 6QA | SC382336 | 2017-07-31 | 367,533 | 0 | |
DAVEY SEAFISH LIMITED | 16 ROSE WALK, GORING-BY-SEA, WORTHING, WEST SUSSEX, BN12 4AU | 07779600 | 2018-05-31 | 342,371 | 0 | |
POLPERRO FISH COMPANY LIMITED | WARREN HOUSE THE WARREN, POLPERRO, LOOE, CORNWALL, PL13 2RB | 07838205 | 2018-12-31 | 220,268 | 0 | |
OUR LASS FISHING LIMITED | ROSEBANK THE AVENUE, RUSWARP, WHITBY, N YORKS, UNITED KINGDOM, YO21 1NG | 10793001 | 2019-05-29 | 161,371 | 0 | |
M W S FISHING LTD | 74A HIGH STREET WANSTEAD, LONDON, E11 2RJ | 08570319 | 2018-06-30 | 102,042 | 0 | |
SEA BREEZE (SOLENT) LIMITED | BRITANNIA ACCOUNTANCY & TAX SERVICES LTD, A66 & A69, THE SANDERSON CENTRE LEES LANE, GOSPORT, HAMPSHIRE, PO12 3UL | 06295017 | 2018-03-31 | 61,323 | 0 | |
STEVEN GRIFFITHS LTD | 29 GLYNDERWEN ROAD, LLANELLI, WALES, SA14 9NF | 07039507 | 2018-10-31 | 57,721 | 0 | |
FAIRCATCH LTD | 80 GERALDINE ROAD, GERALDINE ROAD, LONDON, SW18 2NL | 09101022 | 2018-06-30 | 11,520 | 0 | |
ASC MARINE LTD | 1 LUDI, BRIDGE END, BURRA ISLE, SHETLAND, SCOTLAND, ZE2 9LD | SC520478 | 2018-11-30 | 8,892 | 0 |
50100-Sea and coastal passenger water transport 52220-Service activities incidental to water transportation |
HEADLAND SMALL BOATS LIMITED | 4 KESTEVEN ROAD, HARTLEPOOL, TS25 2NT | 03577001 | 2018-06-30 | 5,050 | 0 | |
B&W FISHING LIMITED | CALEY FISHERIES LIMITED, SOUTH PIER, GALLANACH ROAD, OBAN, ARGYLL, PA34 4LS | SC356536 | 2018-03-31 | 0 | 0 | |
FISH TRADER LIMITED | 13 COLDSTONE AVENUE, KINGSWELLS, ABERDEEN, AB15 8TT | SC202651 | 2017-12-31 | 0 | 0 | |
GENESIS TRAWLER LIMITED | 28 WILTON ROAD, BEXHILL-ON-SEA, EAST SUSSEX, TN40 1EZ | 05383268 | 2018-03-31 | 0 | 0 | |
CALEY FISHERIES LIMITED | 5-8 BRIDGE STREET, PETERHEAD, SCOTLAND, AB42 1DH | SC019185 | 0000-00-00 | 0 | 0 | |
OCEAN HOLDINGS SOUTH WEST LTD | UNITS 2A/2B VICTORIA BUSINESS PARK, ROCHE, ST. AUSTELL, CORNWALL, UNITED KINGDOM, PL26 8LX | 11504396 | 0000-00-00 | 0 | 0 |
10200-Processing and preserving of fish, crustaceans and molluscs 46380-Wholesale of other food, including fish, crustaceans and molluscs 64201-Activities of agricultural holding companies |
TYLER FISHING COMPANY LTD. | GOLDWELLS LTD, 37 BROAD STREET, PETERHEAD, ABERDEENSHIRE, AB42 1JB | SC259498 | 0000-00-00 | 0 | 0 | |
VISTGATE LIMITED | UNIT 2A/2B VICTORIA BUSINESS PARK, ROCHE, ST. AUSTELL, ENGLAND, PL26 8LX | 01478179 | 0000-00-00 | 0 | 0 |
10200-Processing and preserving of fish, crustaceans and molluscs 46380-Wholesale of other food, including fish, crustaceans and molluscs |
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 |
---|---|---|---|---|
NOR-SEA FOODS LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | 0.6% | 2.6% | 3.8% | Medium |
Age | 0.4% | 1.4% | 2.7% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.5% | 1.8% | 3.9% | Medium |
Sic code count | 0.8% | 3.8% | 7.5% | Medium |