Fal Fishery Cooperative C.i.c.
- Small
- Active
- 6 years
- 1 employee
- £49,382 (assets)
- £1,266 (revenue)
- Real address
- 3 directors
- 1 owner
- Irregular importer
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Fal Fishery Cooperative C.i.c., based in Falmouth, UK, is a small, active community interest company established six years ago. With a single employee and £49,382 in assets, it operates from a real address and is overseen by three directors and one owner. The cooperative runs an e-commerce site and irregularly imports miscellaneous metal items, with the last import occurring over two years ago. It's involved in a diverse range of activities, including other food services, cultural education, and marine aquaculture.
The cooperative’s website paints a picture of a unique venture focused on marine research and oyster restoration. It's not just a business; it's a "Cooperative of Sailors, Oyster Gatherers, Merchants, Students, Researchers, Marine Biologists, Climate Carers, MP's and International Authorities." The site highlights projects like “SavingESTER,” aimed at improving oyster larvae survival rates and restoring native oyster populations. It even boasts collaborations with the Native Oyster Restoration Alliance and publications in academic journals. The website also functions as a shop, with several items available for purchase.
Financially, the cooperative appears to be struggling. Turnover has plummeted dramatically, falling from £73,000 to just £1,300—a significant decline. Net assets have also taken a hit, decreasing by 860% to -£23,000. Cash reserves have evaporated, dropping 100% to just £8. Bank borrowings have increased, and creditors have also risen. The company’s small size (meeting two of three criteria for a small company) means it’s exempt from an audit, so the figures are unaudited.
While the cooperative’s mission and website suggest a vibrant community and innovative projects, the financial data reveals a concerning trend. Whether this is a temporary setback or a longer-term challenge remains to be seen—but for now, Fal Fishery Cooperative C.i.c. is facing significant financial pressures.
Registered in England/Wales under the registration number 11915357, with a registered address at TR11 5UF, Falmouth, Cornwall, 5 Admiralty Quay, Mylor Churchtown.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of Portugal
-
Individual
- 6 years
- 3
-
Resident of United Kingdom
-
Individual
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Amended total exemption full accounts made up to 2024-04-30Download 18 pages pdf report
-
Termination of appointment of Karen Jane Amiss as a director on 2025-04-11Download 1 page pdf report
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Total exemption full accounts made up to 2024-04-30Download 15 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Fal Fishery Cooperative C.i.c.
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