Northern Fish Imports Limited

Northern Fish Imports Limited, based in Grimsby, UK, is a small, active company founded ten years ago in 2014. Employing just one person, the firm holds £158,842 in assets and operates from a real address, managed by two directors and two owners. It boasts a stellar 5.0 Google rating based on two reviews. The company is an irregular importer, specializing in fish and seafood, including shellfish, with just one month of import activity recorded as of May 2022.

The company’s core business revolves around processing and preserving fish, crustaceans, and molluscs, operating within a niche segment of the food industry. It’s a relatively small operation, meeting two of three criteria to be classified as small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. Its website, while not providing specific details about its online presence, suggests a focus on wholesale distribution.

Financially, Northern Fish Imports Limited presents a mixed picture. While current assets increased by 18% to £160,000, net assets plummeted 95% to just £660. Bank borrowings decreased slightly, and cash reserves fell by 23% to £41,000. Creditors increased by a significant 44%, and trade debtors ballooned by 83%. The sharp decline in equity is particularly noteworthy, indicating a potential strain on the company’s financial health. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

Overall, Northern Fish Imports Limited appears to be navigating a challenging period. While its core business remains active, the declining equity and increased debt suggest a need for careful management. The company's small size provides agility, but its long-term sustainability hinges on maintaining its wholesale operations and managing its finances effectively.

Registered in England/Wales under the registration number 09166798, with a registered address at DN31 2TG, United Kingdom, Grimsby, South Humberside, Unit 7n South Humberside Industrial Estate, Estate Road 6.

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