Moorcroft Seafoods Limited

Moorcroft Seafoods Ltd from Grimsby UK: a small, active company founded 15 years ago, employs 10 people, and holds £249,593 in assets. It’s a solo-founded business with one director and a 4.0 Google rating based on 12 reviews. The company regularly imports meat, fish, and seafood preparations, with 11 months of import activity recorded.

The company’s website describes Moorcroft Seafoods as a leading supplier of fresh and frozen fish and seafood products to the foodservice market in the East Midlands, Lincolnshire, and Yorkshire. Established in 1990, it serves restaurants, pubs, education and health sectors, residential homes, and quick-service restaurants, specializing in short lead times and a wide range of seafood. They have a dedicated team and a personal touch.

Financially, Moorcroft Seafoods Ltd shows some interesting trends. Accumulated amortisation impairment intangible assets increased by 12%, while accumulated depreciation impairment property plant equipment decreased by a significant 280%. Cash bank on hand dropped 28% to £19,000, and net assets increased by 29% to £78,000. Bank borrowings decreased by 38%, and trade creditors decreased by 5.5%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, so the financial statements are unaudited.

Overall, Moorcroft Seafoods Ltd appears to be a stable, albeit small, business. While the decrease in cash reserves is a point of attention, the decrease in bank borrowings and trade creditors suggests improved debt management. The company’s focus on the foodservice market and its reputation for quality seafood position it well for continued success.

Registered in England/Wales under the registration number 06950070, with a registered address at DN31 3SX, England, Grimsby, North East Lincolnshire, Unit 12b Grimsby Seafood Village, Wickham Road.

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