How much does Seafood Trading Limited make?

Seafood Trading Limited reported revenue of £18.9m and a loss of £1.1m in the year to 29 Dec 2024, according to its accounts filed at Companies House.

How many employees does Seafood Trading Limited have?

Seafood Trading Limited reported an average of 355 employees in the year to 29 Dec 2024.

Is Seafood Trading Limited profitable?

No — Seafood Trading Limited reported a loss of £1.1m in the year to 29 Dec 2024.

Company No. 03031916 · Incorporated 10 Mar 1995

Seafood Trading Limited

Registered name: SEAFOOD TRADING LIMITED

Seafood Trading Limited made £18.9m revenue and a £1.1m loss in the year to 29 Dec 2024.

Seafood Trading Limited’s revenue fell 7% to £18.9m in the year to 29 Dec 2024, with a loss of £1.1m and 355 employees. The company is classified under “hotels and similar accommodation” and is based in Padstow; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation SIC 56101Licensed restaurants SIC 56103Take-away food shops and mobile food stands

Status: Active
Location: Padstow, South West
Age: 31 yrs · since 1995
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The Seafood Restaurant (Padstow) Limited”

Latest accounts · year to 29 Dec 2024

Key figures

Revenue

£18.9m

Growth ▼6.6%

Profit

−£1.1m

Growth —

Profit margin

−5.7%

Gross 66.6%

Employees

355

Change ▼10.8%

Profit / employee

−£3k

Revenue/employee £53.2k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	1 Jan 2023	31 Dec 2023	29 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22.6m	£20.2m	£18.9m
Cost of sales	£9m	£7.1m	£6.3m
Gross profit	£13.6m	£13.1m	£12.6m
Operating profit	—	−£939k	−£1.2m
Profit before tax	—	−£892k	−£1.1m
Profit after tax	—	−£932k	−£1.1m
Profit (best available)	—	−£932k	−£1.1m
Staff costs	£8.4m	£8.4m	£8.6m
Employees (average)	416	398	355
Ratios
Profit margin	—	−4.6%	−5.7%
Gross margin	60%	65%	66.6%
Revenue per employee	£54.3k	£50.8k	£53.2k
Profit per employee	—	−£2.3k	−£3k
Growth (year on year)
Revenue growth	—	▼10.6%	▼6.6%
Headcount growth	—	▼4.3%	▼10.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.3m	£530k	£971k
Net assets	—	£7.4m	£6.3m
Fixed assets	£3.8m	£3.4m	£2.8m
Current assets	£10.6m	£7.8m	£7.5m
Debtors	£89k	£230k	£94k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −5.7%; Profit ÷ revenue.
Gross margin: 66.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £53.2k; Revenue ÷ average employees.
Profit per employee: −£3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 15%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.5%; 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: ▼15%; Now £6.3m
Cash at bank: ▲83%; Now £971k
Headcount: ▼11%; Now 355
Deferred income: —; Now —
Fixed assets: ▼16%; Now £2.8m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 29 Dec 2024 (profit −£1.1m), from the Companies House accounts bulk data published Sep 2025. 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.