How much does Seafood Products Limited make?

Seafood Products Limited reported revenue of £33.1m and £22k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Seafood Products Limited have?

Seafood Products Limited reported an average of 8 employees in the year to 31 Mar 2023.

Is Seafood Products Limited profitable?

Yes — Seafood Products Limited reported a profit of £22k in the year to 31 Mar 2023.

Company No. 02168917 · Incorporated 24 Sep 1987

Seafood Products Limited

Registered name: SEAFOOD PRODUCTS LIMITED

Seafood Products Limited made £33.1m revenue and £22k profit in the year to 31 Mar 2023.

Seafood Products Limited’s revenue was £33.1m in the year to 31 Mar 2023, with £22k profit and 8 employees. The company is classified under “wholesale of other food, including fish, crustaceans and molluscs” and is based in Chatham; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46380Wholesale of other food, including fish, crustaceans and molluscs

Status: Liquidation
Location: Chatham, South East
Age: 39 yrs · since 1987
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£33.1m

Growth —

Profit

£22k

Growth —

Profit margin

0.1%

Gross 2.5%

Employees

Change —

Profit / employee

£2.8k

Revenue/employee £4.1m

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£24.9m	£33.1m
Cost of sales	£24.4m	£32.3m
Gross profit	£471k	£841k
Operating profit	−£317k	£4.9k
Profit before tax	−£320k	£7.6k
Profit after tax	−£268k	£22k
Profit (best available)	−£268k	£22k
Employees (average)	9	8
Ratios
Profit margin	−1.1%	0.1%
Gross margin	1.9%	2.5%
Revenue per employee	£2.8m	£4.1m
Profit per employee	−£29.7k	£2.8k
Balance sheet — indirect signals, not revenue
Cash at bank	£417k	£343k
Net assets	£1.7m	£1.7m
Fixed assets	£280k	£285k
Current assets	£2.7m	£3.7m
Debtors	£1.8m	£3.1m
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: 0.1%; Profit ÷ revenue.
Gross margin: 2.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £4.1m; Revenue ÷ average employees.
Profit per employee: £2.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £1.7m
Cash at bank: —; Now £343k
Headcount: —; Now 8
Deferred income: —; Now —
Fixed assets: —; Now £285k

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £22k), from the Companies House accounts bulk data published Feb 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.