How much does Seafood Ecosse Limited make?

Seafood Ecosse Limited reported revenue of £48.2m and £3m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Seafood Ecosse Limited have?

Seafood Ecosse Limited reported an average of 95 employees in the year to 31 Dec 2024.

Is Seafood Ecosse Limited profitable?

Yes — Seafood Ecosse Limited reported a profit of £3m in the year to 31 Dec 2024.

Company No. SC119437 · Incorporated 10 Aug 1989

Seafood Ecosse Limited

Registered name: SEAFOOD ECOSSE LIMITED

Part of U Sea Limited group

Seafood Ecosse Limited made £48.2m revenue and £3m profit in the year to 31 Dec 2024. read from filing text

Seafood Ecosse Limited’s revenue fell 6% to £48.2m in the year to 31 Dec 2024, with £3m profit and 95 employees. The company is classified under “agents involved in the sale of a variety of goods” and is based in Aberdeen; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46190Agents involved in the sale of a variety of goods SIC 47230Retail sale of fish, crustaceans and molluscs in specialised stores

Status: Active
Location: Aberdeen, Scotland
Age: 37 yrs · since 1989
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£48.2m

Growth ▼6%

Profit

£3m

Growth ▼22.3%

Profit margin

6.1%

Gross 11.5%

Employees

Change ▼6.9%

Profit / employee

£31.1k

Revenue/employee £507k

Profitable streak

3yrs

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	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£50.8m	£51.3m	£48.2m
Cost of sales	£43.1m	£44.6m	£42.6m
Gross profit	£7.7m	£6.7m	£5.5m
Operating profit	£5m	£4m	£2.7m
Profit before tax	£5m	£4.6m	£3.2m
Profit after tax	£4.3m	£3.8m	£3m
Profit (best available)	£4.3m	£3.8m	£3m
Staff costs	£4m	£4.2m	£4.2m
Employees (average)	95	102	95
Ratios
Profit margin	8.4%	7.4%	6.1%
Gross margin	15.1%	13.1%	11.5%
Revenue per employee	£535k	£502k	£507k
Profit per employee	£44.8k	£37.2k	£31.1k
Cash conversion	−55.6%	−81.8%	−65.5%
Growth (year on year)
Revenue growth	—	▲0.9%	▼6%
Profit growth	—	▼10.8%	▼22.3%
Headcount growth	—	▲7.4%	▼6.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£1.5m	£1.3m
Net assets	£13.4m	£15.1m	£15.7m
Fixed assets	£3m	£3.3m	£3.2m
Current assets	£16.1m	£17.7m	£19.2m
Debtors	£8.9m	£8.8m	£7.5m
Deferred income	£438k	£837k	£789k
Cash from operations	−£2.8m	−£3.3m	−£1.7m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 6.1%; Profit ÷ revenue.
Gross margin: 11.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £507k; Revenue ÷ average employees.
Profit per employee: £31.1k; Profit ÷ average employees.
Cash conversion: −65.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.5%; 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: ▲4%; Now £15.7m
Cash at bank: ▼19%; Now £1.3m
Headcount: ▼7%; Now 95
Deferred income: ▼6%; Now £789k
Fixed assets: ▼3%; Now £3.2m

Corporate ownership

Group structure

Ownership chain

U Sea Limitedultimate parent75–100%
Sco-Bere Seafoods (Holdings) Limited75–100%
Seafood Ecosse Limitedthis company

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

Subsidiaries (4)

Macduff Shellfish Group LimitedFigures not disclosed
Peterhead Seafoods LimitedFigures not disclosed
Seafood Ecosse (Fraserburgh) LimitedFigures not disclosed
U Sea Fishing 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 2024 (profit £3m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 14 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.