Research Fishing Co. Limited
Registered name: RESEARCH FISHING CO. LIMITED
Research Fishing Co. Limited made £15.7m revenue and £4.8m profit in the year to 30 Jun 2025. read from filing text
Research Fishing Co. Limited’s revenue fell 14% to £15.7m in the year to 30 Jun 2025, with £4.8m profit and 0 employees. The company is classified under “marine fishing” and is based in Lerwick; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Lerwick, Scotland
- Age
- 39 yrs · since 1987
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £18.3m | £15.7m |
| Operating profit | £7.7m | £6.4m |
| Profit before tax | £7.6m | £6.4m |
| Profit after tax | £5.7m | £4.8m |
| Profit (best available) | £5.7m | £4.8m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 31.1% | 30.7% |
| Cash conversion | −184% | −125% |
| Growth (year on year) | ||
| Revenue growth | — | ▼14% |
| Profit growth | — | ▼15.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.4m | £4.6m |
| Net assets | £24.7m | £26.7m |
| Fixed assets | £26.6m | £25m |
| Current assets | £4.7m | £5.1m |
| Debtors | £270k | £351k |
| Deferred income | £110k | £222k |
| Cash from operations | −£14.2m | −£8m |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 30.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- −125%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 159.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.2%
- 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
- ▲8%
- Now £26.7m
- Cash at bank
- ▲5%
- Now £4.6m
- Headcount
- —
- Now 0
- Deferred income
- ▲102%
- Now £222k
- Fixed assets
- ▼6%
- Now £25m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- S.F.F. Services LimitedMarine fishing
- Revenue
- £16.4m
- Profit
- £1.4m
- Staff
- 31
- Mardon LimitedLancaster · Marine fishing
- Revenue
- £19m
- Profit
- £507k
- Staff
- 16
- Brixham Trawler Agents LimitedSouth Devon · Marine fishing
- Revenue
- £19.3m
- Profit
- £1.4m
- Staff
- 75
- W. Stevenson & Sons LimitedPenzance · Marine fishing
- Revenue
- £9.1m
- Profit
- £153k
- Staff
- 63
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £4.8m), from the Companies House accounts bulk data published Mar 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.