R And J Seafoods Ltd.

R And J Seafoods Ltd, based in Grimsby, UK, is a small, family-run business with an active status. Founded 25 years ago in 1999, the company employs 20 people and holds £1,063,922 in assets. It operates from a real address and is overseen by one director and three owners. The firm boasts a stellar 5.0 Google rating based on four reviews. While primarily focused on exporting fish and seafood, including shellfish, it also engages in irregular imports of aluminum and aluminum products.

The company's website highlights its specialization in frozen fish blocks, a product supplied to major producers across Europe. They cater to a variety of applications and emphasize close collaboration with customers to meet their specific requirements. Their product range includes cod mince (various grades), salmon mince and scrape, and Atlantic cod pieces and bones—all packed and sold in full pallets. The site gives a good impression of a well-established business with a clear focus.

Financially, R And J Seafoods Ltd shows some concerning trends. While cash reserves increased by a substantial 430%, jumping to £11,000, net assets have fallen by 14%, dropping to £320,000. Borrowings have decreased by 24%, reaching £120,000, which could be a positive sign of better debt management. However, trade debtors have decreased significantly, by 15%, suggesting potential issues with customer payments. Average employee numbers have increased by 35%, reaching 27, which could be linked to increased demand or operational expansion. Creditors have also increased, by 12%, to £620,000. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, R And J Seafoods Ltd seems to be navigating a period of change. While the increased cash reserves and decreased borrowings are encouraging, the decline in net assets and the issues with customer payments warrant close monitoring. The company’s family-run nature and focus on quality may help it weather these challenges, but a careful eye on financial performance is essential.

Registered in England/Wales under the registration number 03780906, with a registered address at DN31 2TG, England, Grimsby, Units 19 And 20 Estate Road Number 8, South Humberside Industrial Estate.

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