Cumbrae Oysters Limited

Cumbrae Oysters Ltd, based in Johnstone, UK, is a small, active company established 29 years ago. With nine employees and £531,141 in assets, it’s a well-established operation overseen by two directors and one owner. The company has a real address and has been importing machinery, boilers, and mechanical appliances for a short period (one month), while regularly exporting fish and seafood – including shellfish – for a substantial 64 months.

The company operates in the marine fishing and marine aquaculture industries. Its website is currently unavailable, making it difficult to assess its e-commerce presence or direct sales strategies.

Financially, Cumbrae Oysters Ltd presents a mixed picture. Current assets have decreased by 19%, falling to £530,000, while net assets have also dropped by 6.1%, settling at £500,000. Bank borrowings have increased slightly, with both current and non-financial instruments up by 10% and 48% respectively. Cash reserves have also declined by 11%, reaching £130,000. Creditors have decreased by 26%, suggesting improved debt management. Trade debtors have seen a significant drop of 29%, which could be a positive sign of quicker payments. The company’s small size – meeting two of three conditions to be classified as small – helps maintain agility. The lack of an auditor is typical for a company of this size, and the financial statements are unaudited.

The company’s increased employee numbers (from 9 to 13) during the reporting period suggest expansion or increased workload, but the decline in cash reserves and assets warrants attention. The company's consistent export activity, particularly in seafood, indicates a reliance on international markets. The decrease in debtors is a good sign, but the drop in assets and cash needs to be monitored closely.

Registered in Scotland under the registration number SC157761, with a registered address at PA9 1BS, Johnstone, Renfrewshire, Viewfield, 38a Bowfield Road, Howwood.

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