Pro Shrimp Limited

Pro Shrimp Limited, based in Mansfield, UK, is a small, family-run business with an active status, having been incorporated nine years ago in 2015. Employing five people, the company holds £158,286 in assets and operates from a real address on Old Mill Lane Industrial Estate. Two directors and two owners manage the business, which boasts a stellar 5.0 Google rating from 169 reviews. It’s a regular importer of glass and glassware, with the last import operation occurring three months ago in May 2023.

The company’s website showcases a dedicated aquascaping business, specializing in shrimp and aquarium plants. It offers a wide range of products, from live plants and substrates to artificial decorations and high-end lighting, catering to both beginner and experienced aquarists. The site’s comprehensive product categories and detailed descriptions suggest a focus on providing a one-stop shop for all aquarium needs, and the emphasis on quality and expertise positions it as a trusted resource within the niche market. It’s clear that the business is primarily ecommerce focused.

Financially, Pro Shrimp Limited presents a mixed picture. While current assets increased by 26% to £160,000, net assets decreased by 11% to £27,000. Bank borrowings rose significantly, increasing by 65% to £69,000, while cash reserves grew by 46% to £95,000. Trade debtors increased by a staggering 220%, which could be a sign of growth but also potentially indicates challenges in collecting payments. 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 flexibility, but the decrease in equity warrants closer examination. With no auditor mentioned, the figures are unaudited.

The reduction in the average number of employees during the period, from five to four, is notable and may reflect efforts to streamline operations or adapt to changing market conditions. Overall, Pro Shrimp Limited appears to be a thriving niche business, but the financial data suggests it’s navigating some challenges as it continues to grow.

Registered in England/Wales under the registration number 09867149, with a registered address at NG19 9BQ, England, Mansfield, Nottinghamshire, Unit 3, Block 21 Old Mill Lane Industrial Estate, Mansfield Woodhouse.

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