Kilhorne Bay Seafoods Limited

Kilhorne Bay Seafoods Ltd from Co.Down UK: a small company, holding company, with an active status, has been operating for 54 years. Employing 20 people, the company holds assets worth £5,724,212 and has a real address. It's led by four directors and owned by one individual, boasting a Google rating of 4.0 based on eight reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent imports dating back to January 2021.

The company's website showcases its specialisation in seafood processing and preservation. It offers a range of products, including IQF scampi tails, King Scallops, and Whole Tail Panko Breaded Scampi, catering to the catering, wholesale, and retail trade. The website highlights the company’s commitment to quality seafood sourced locally and processed with care. It also operates from Annalong, among the foothills of the Mourne Mountains, with easy access to key fishing ports along the County Down coast.

Financially, Kilhorne Bay Seafoods Ltd shows a mixed picture. While net assets increased by 9.3% to £5.2 million, cash reserves dropped significantly by 61% to £630,000. Trade debtors have risen by 20% to £1.3 million, suggesting potential delays in customer payments. Creditors decreased by 22%, which could indicate better debt management. The company meets the criteria for a small company, with turnover below £10.2 million, assets below £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit. It’s worth noting that the company’s dividend payments remained consistent at £1.3 million, despite the decline in cash reserves, which could be a cause for concern.

Registered in Northern Ireland under the registration number NI008124, with a registered address at BT34 4TY, Co.Down, Moneydarragh Road, Annalong.

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