Arctic Seafood Limited

Arctic Seafood Limited, based in Manchester, UK, is a small, active company established twenty years ago in 2005. With two employees and £4,216,384 in assets, it operates from a real address shared by only three other companies. The business is led by three directors, although no owners are officially listed. It boasts a perfect 5.0 Google rating based on a single review. The company is a regular importer of fish and seafood, including shellfish and other water creatures, with 116 months of import activity recorded, the last in February 2025.

The company’s core business revolves around the wholesale of other food, specifically fish, crustaceans, and molluscs. While it doesn’t appear to have a dedicated e-commerce website, its operations are clearly geared towards supplying businesses rather than direct consumer sales. The company’s profile suggests a focus on sourcing and distributing seafood products within the UK.

Financially, Arctic Seafood Limited presents a mixed picture. Cash reserves declined by 25% to £2,700,000, while bank borrowings increased significantly by 50%, reaching £1,800,000. Creditors also rose by 50% to £2,000,000, indicating increased short-term liabilities. However, debtors surged by a staggering 3,500%, reaching £1,500,000, suggesting either a large outstanding invoice or a change in credit terms. Equity decreased slightly by 5%, and net current assets liabilities also fell by 5%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the significant increase in debtors warrants closer scrutiny. The accounts are audited, and Azets Audit Services served as the auditor.

It's clear that Arctic Seafood Limited is navigating a period of change, with increased debts and a large amount of money owed by customers. Whether this is a temporary blip or a sign of longer-term financial strain remains to be seen, but the company's established presence and focus on a specific niche suggest it has the potential to weather the storm.

Registered in England/Wales under the registration number 05363969, with a registered address at M3 3EB, United Kingdom, 1 Hardman Street, Manchester, Fieldfisher 17th Floor, No 1 Spinningfields.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.