Oceanic Seafoods Limited
Registered name: OCEANIC SEAFOODS LIMITED
Oceanic Seafoods Limited made £41.1m revenue and £303k profit in the year to 31 May 2025.
Oceanic Seafoods Limited’s revenue was £41.1m in the year to 31 May 2025, with £303k profit and 8 employees. The company is classified under “processing and preserving of fish, crustaceans and molluscs” and is based in Lancaster; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Lancaster, North West
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £33m | £51.8m | £44.1m | £41.1m |
| Cost of sales | £31.8m | £49.8m | £42.3m | £38.8m |
| Gross profit | £1.2m | £2m | £1.9m | £2.3m |
| Profit before tax | £645k | £1.3m | £424k | £412k |
| Profit after tax | £512k | £1.1m | £307k | £303k |
| Profit (best available) | £512k | £1.1m | £307k | £303k |
| Staff costs | £185k | £265k | £645k | £969k |
| Employees (average) | 7 | 8 | 8 | 8 |
| Ratios | ||||
| Profit margin | 1.6% | 2.1% | 0.7% | 0.7% |
| Gross margin | 3.7% | 3.8% | 4.2% | 5.5% |
| Revenue per employee | £4.7m | £6.5m | £5.5m | £5.1m |
| Profit per employee | £73.1k | £133k | £38.4k | £37.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲56.8% | ▼14.8% | — |
| Profit growth | — | ▲108% | ▼71.2% | — |
| Headcount growth | — | ▲14.3% | 0% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £836k | £1.4m | £677k | £514k |
| Net assets | £936k | £1.1m | £1.3m | £1.4m |
| Fixed assets | £56.7k | £109k | £243k | £384k |
| Current assets | £4.9m | £10.2m | £3.6m | £6.4m |
| Debtors | £2.4m | £5.8m | £1.9m | £4.3m |
| Deferred income | £448k | £1.5m | £167k | £1.3m |
| Cash from operations | £2.5m | −£696k | £3.8m | −£315k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 5.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £5.1m
- Revenue ÷ average employees.
- Profit per employee
- £37.9k
- 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
- 3.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.4%
- 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
- —
- Now £1.4m
- Cash at bank
- —
- Now £514k
- Headcount
- —
- Now 8
- Deferred income
- —
- Now £1.3m
- Fixed assets
- —
- Now £384k
Similar profitable businesses
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- Flyingfish Seafoods Company LimitedIndian Queens · Processing and preserving of fish, crustaceans and molluscs
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- Northbay Pelagic LimitedManchester · Processing and preserving of fish, crustaceans and molluscs
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £303k), from the Companies House accounts bulk data published Feb 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.