Coquet Island Shellfish Limited
Registered name: COQUET ISLAND SHELLFISH LIMITED
Part of D. R. Collin & Son Ltd groupCoquet Island Shellfish Limited made £24.3m revenue and £737k profit in the year to 30 Apr 2025.
Coquet Island Shellfish Limited’s revenue grew 27% to £24.3m in the year to 30 Apr 2025, with £737k profit and 82 employees. The company is classified under “processing and preserving of fish, crustaceans and molluscs” and is based in Morpeth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Morpeth, North East
- Age
- 23 yrs · since 2003
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £17.7m | £24.6m | £19.1m | £24.3m |
| Cost of sales | £14.7m | £21m | £17m | £21.6m |
| Gross profit | £3m | £3.6m | £2.1m | £2.7m |
| Operating profit | £1.8m | £2.2m | £427k | £1m |
| Profit before tax | £1.8m | £2.2m | £440k | £1m |
| Profit after tax | £1.4m | £1.8m | £308k | £737k |
| Profit (best available) | £1.4m | £1.8m | £308k | £737k |
| Staff costs | £2m | £2.4m | £2.4m | £2.9m |
| Employees (average) | 71 | 78 | 84 | 82 |
| Ratios | ||||
| Profit margin | 8% | 7.1% | 1.6% | 3% |
| Gross margin | 17.1% | 14.5% | 11.1% | 11% |
| Revenue per employee | £250k | £315k | £227k | £296k |
| Profit per employee | £20.1k | £22.5k | £3.7k | £9k |
| Cash conversion | −75.7% | −95.2% | −173.5% | −104.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲38.6% | ▼22.4% | ▲27.1% |
| Profit growth | — | ▲22.9% | ▼82.4% | ▲139.5% |
| Headcount growth | — | ▲9.9% | ▲7.7% | ▼2.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £670k | £892k | £486k | £702k |
| Net assets | £3.7m | £4.7m | £4.3m | £4.6m |
| Fixed assets | £974k | £1.4m | £1.5m | £1.5m |
| Current assets | £4.2m | £4.4m | £4.2m | £5.9m |
| Debtors | £2.2m | £2.7m | £2.4m | £3.6m |
| Cash from operations | −£1.3m | −£2.1m | −£740k | −£1m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 3%
- Profit ÷ revenue.
- Gross margin
- 11%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £296k
- Revenue ÷ average employees.
- Profit per employee
- £9k
- Profit ÷ average employees.
- Cash conversion
- −104.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.9%
- Money owed by customers. Low = customers pay quickly.
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
- ▲6%
- Now £4.6m
- Cash at bank
- ▲44%
- Now £702k
- Headcount
- ▼2%
- Now 82
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £1.5m
Group structure
Ownership chain
- D. R. Collin & Son Ltdultimate parent50–75%
- Coquet Island Shellfish Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Boat Investments LimitedFigures not disclosed
- D.R. Collin (Fish) LimitedFigures not disclosed
- D.R. Collin Scotland LimitedFigures not disclosed
- Sea Harvest Scotland Ltd.Figures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £737k), from the Companies House accounts bulk data published Jan 2026. 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.