How much does Altaire Fishing Company Limited make?

Altaire Fishing Company Limited reported revenue of £40.1m and £17.5m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Altaire Fishing Company Limited have?

Altaire Fishing Company Limited reported an average of 4 employees in the year to 31 Dec 2025.

Is Altaire Fishing Company Limited profitable?

Yes — Altaire Fishing Company Limited reported a profit of £17.5m in the year to 31 Dec 2025.

Company No. SC101009 · Incorporated 23 Sep 1986

Altaire Fishing Company Limited

Registered name: ALTAIRE FISHING COMPANY LIMITED

Part of Interfish Limited group

Altaire Fishing Company Limited made £40.1m revenue and £17.5m profit in the year to 31 Dec 2025.

Altaire Fishing Company Limited’s revenue was £40.1m in the year to 31 Dec 2025, with £17.5m profit and 4 employees. The company is classified under “marine fishing” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 03110Marine fishing

Status: Active
Location: Glasgow, Scotland
Age: 40 yrs · since 1986
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 company's parent undertaking at the balance sheet date was Interfish Limited, a company incorporated and registered in England.The company's ultimate parent undertaking at the balance sheet date w”

Latest accounts · year to 31 Dec 2025

Key figures

Small team

Revenue

£40.1m

Growth —

Profit

£17.5m

Growth —

Profit margin

43.7%

Gross 62.6%

Employees

Change —

Profit / employee

£4.4m

Revenue/employee £10m

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£29.8m	£23.7m	£48.3m	£40.1m
Cost of sales	£11.9m	£11.6m	£15.9m	£15m
Gross profit	£17.9m	£12.1m	£32.4m	£25.1m
Operating profit	£17.3m	£15m	£30m	£23.3m
Profit before tax	£17.3m	£15m	£30m	£23.4m
Profit after tax	£13.3m	£11.2m	£22.5m	£17.5m
Profit (best available)	£13.3m	£11.2m	£22.5m	£17.5m
Employees (average)	4	4	4	4
Ratios
Profit margin	44.5%	47.3%	46.5%	43.7%
Gross margin	60%	51%	67.1%	62.6%
Revenue per employee	£7.5m	£5.9m	£12.1m	£10m
Profit per employee	£3.3m	£2.8m	£5.6m	£4.4m
Growth (year on year)
Revenue growth	—	▼20.5%	—	—
Profit growth	—	▼15.4%	—	—
Headcount growth	—	0%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£8.3m	£2.2m	£9m	£1.8m
Net assets	£57.5m	£64.7m	£78.2m	£82.8m
Fixed assets	£54.3m	£68.8m	£66.9m	£65.4m
Current assets	£14.3m	£7.8m	£24.8m	£27.6m
Debtors	£6m	£5.6m	£15.8m	£25.8m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 43.7%; Profit ÷ revenue.
Gross margin: 62.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £10m; Revenue ÷ average employees.
Profit per employee: £4.4m; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 162.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 64.3%; 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 £82.8m
Cash at bank: —; Now £1.8m
Headcount: —; Now 4
Deferred income: —; Now —
Fixed assets: —; Now £65.4m

Corporate ownership

Group structure

Ownership chain

Interfish Limitedultimate parent50–75%
Altaire Fishing Company Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (8)

Northbay Pelagic LimitedRev. £85.5m · Profit £1.4m
Scerene Fishing Company LimitedRev. £12.6m · Profit £9.5m
Cornish Bay LimitedFigures not disclosed
I.f. LimitedFigures not disclosed
Ifw LimitedFigures not disclosed
Northbay Fishing Company LimitedFigures not disclosed
Sound Seafood LimitedFigures not disclosed
Southwest Seafoods LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £17.5m), from the Companies House accounts bulk data published Sep 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.