Bakkafrost Scotland Limited
- Large
- Holding
- Active
- 37 years
- 630 employees
- £152,801,000 (assets)
- Real address
- 7 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Summary
Bakkafrost Scotland Ltd, based in Edinburgh, UK, is a large, holding company with an active status, established 37 years ago. Employing 630 people and holding assets worth £152,801,000, it's a significant player in the Scottish aquaculture industry. The company, overseen by seven directors and with one owner, regularly imports machinery, boilers, and mechanical appliances (212 months) and exports fish and seafood, including shellfish (201 months).
The company's website highlights its aim to be the leading and most sustainable salmon producer in Scotland, part of the larger Bakkafrost Group, which boasts full control over all aspects of production. They emphasize Scottish provenance and award-winning brands, selling fresh, pre-rigor, and smoked Scottish salmon. Sales enquiries are directed to a dedicated email address, and the company maintains a presence on social media.
Financially, Bakkafrost Scotland Ltd shows some interesting trends. While current assets remained stable at £150 million, net assets decreased by 11% to £170 million. Bank borrowings increased by 20% to £25 million, and cash reserves fell by 10% to £40 million. Creditors decreased by 5% to £30 million. The company’s size—meeting two of three conditions for a large company—indicates a substantial operation. The lack of auditor information suggests the company isn's required to have an audit.
The company’s increased borrowings and decreased cash reserves could indicate investments in expansion or operational challenges, but the stable asset base suggests a solid foundation. The continued import and export activity points to ongoing business operations, and the emphasis on sustainability and quality positions it well in the competitive seafood market.
Registered in Scotland under the registration number SC107275, with a registered address at EH3 7RN, Scotland, Edinburgh, 28 Drumsheugh Gardens.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Pf Bakkafrost
- 5 years
- 75%+
-
Resident of Faroe Islands
Managers
-
Individual
- Hjgaard Guri
- 2 years
-
Resident of Denmark
-
Individual
- Jacobsen Jhan Regin
- 3 years
- 1
-
Resident of Faroe Islands
-
Individual
- Samuelsen Teitur
- 4 years
-
Resident of Faroe Islands
-
Individual
- Hansen Runi
- 4 years
-
Resident of Faroe Islands
-
Individual
- Sandvik Ystein
- 4 years
-
Resident of Norway
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-01-10 with updatesDownload 4 pages pdf report
-
Statement of capital following an allotment of shares on 2024-12-05Download 3 pages pdf report
-
Full accounts made up to 2023-12-31Download 42 pages pdf report
Bakkafrost Scotland Limited controls
Owns & Controls
-
Corporate
- Bakkafrost Scotland Two Limited
- 2 years
- 75%+
-
Resident of United Kingdom
-
Corporate
- Bradan Cuan Siar Ltd
- 7 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
Similar exporters
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- Financial data
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FAQ about Bakkafrost Scotland Limited
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