Paradise Seafood Ltd

Paradise Seafood Ltd, based in Watford, UK, is a small, active company founded fifteen years ago in 2010. With eight employees and £672,972 in assets, it’s a well-established operation boasting a stellar 5.0 Google rating from 77 reviews. The company has two directors and one owner, and operates from a real address with only two other companies registered there. It’s a regular importer of fish and seafood, including shellfish and other water creatures, with 28 months of import activity recorded, the latest in October 2024.

Paradise Seafood’s core business revolves around wholesale seafood supply, catering primarily to fine dining establishments in London. The company’s website highlights its commitment to superior quality, fresh deliveries (Monday to Saturday), competitive pricing, and consistency—boasting a 2,500-pallet storage capacity. It specializes in supplying Hotels, Restaurants and Caterers, adapting to market trends and offering a diverse range of products from around the world. The website also features a “Paradise4Home” service, offering frozen and chilled products for direct delivery to households with a minimum order value of £50.

Financially, Paradise Seafood Ltd presents a mixed picture. Current assets increased by 57% to £670,000, while net assets jumped 69% to £450,000—a positive sign of growth. However, bank borrowings decreased by 47% to £12,000, and cash reserves increased by 51% to £330,000. Trade debtors rose significantly by 84% to £270,000, which could indicate a need for improved credit control. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors warrants attention. No auditor is mentioned, likely due to small company exemption.

Overall, Paradise Seafood Ltd appears to be a healthy, growing business, though the increase in debtors is something to keep an eye on. The company’s focus on quality and customer service, combined with its diverse product range, positions it well for continued success in the competitive seafood wholesale market.

Registered in England/Wales under the registration number 07238461, with a registered address at WD18 0FN, England, Watford, Unit 6 Fisher's Industrial Estate, Wiggenhall Road.

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