Peninsula Seafoods Limited

Peninsula Seafoods Ltd from Barnstaple UK: a large company with an active status, founded 29 years ago, employs eight people, and holds £6,866,757 in assets. Yearly revenue sits at £22,047,419, with a real address and two directors and two owners. The company regularly imports and exports fish and seafood, including shellfish and other water creatures, with 122 months of import activity and 158 months of export activity.

This established seafood wholesaler operates from Hull, a traditional UK centre for seafood processing and distribution. Peninsula Seafoods boasts a large international customer base, producing and exporting local frozen UK shellfish within the UK and throughout Europe and the Far East. They also import from Asia, Africa, and the Americas, selling to wholesalers, distributors, restaurant chains, and retailers. Their product range focuses on shellfish, though they adapt to customer needs. The company emphasizes quality and service, committed to responsible sourcing and sustainability.

The company’s financial picture reveals some interesting trends. While property, plant, and equipment has seen a slight increase, the company’s cash and cash equivalents have also risen. However, bank borrowings have increased significantly, and a decrease in deferred income was observed. Despite this, the company maintains a positive net asset position. The company’s auditor is Milsted Langdon LLP.

The business seems to be financially stable, although the increase in bank borrowings suggests a potential need for increased capital. The company’s long history and established international network position it well for continued success, and the focus on quality and customer service should help maintain its competitive edge. The company’s small size (meeting two of three criteria for a large company) allows for agility, but the rising debt levels warrant close monitoring.

Registered in England/Wales under the registration number 03055332, with a registered address at EX31 1QN, Barnstaple, Devon, Riverside Road, Pottington Business Park.

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