R & R Seafoods Ltd

R & R Seafoods Ltd, based in Grimsby, UK, is a small, active company established eleven years ago. With twelve employees and £2,907,850 in assets, it’s a well-established player in the local seafood industry. The firm has a real registered address and is overseen by two directors and one owner, boasting a perfect 5.0 Google rating from four reviews. It’s a regular importer of fish and seafood, including shellfish, with 16 months of import activity recorded, the last in March 2024.

The company specializes in the production of frozen fish blocks, a family-run business with over five generations of experience. Operating from Grimsby, Britain’s largest food town, it supplies fish blocks to major producers across Europe. Products include cod mince (various grades), salmon mince, and Atlantic cod pieces—all sold in full pallets. The website emphasizes close collaboration with customers to meet their specific requirements. Contact details are readily available, and a successful delivery message pops up after submitting a form.

Financially, R & R Seafoods Ltd presents a mixed picture. While cash reserves increased by a healthy 54% to £1.2 million, trade debtors decreased by 18% to £840,000, suggesting potential difficulties in collecting payments. Creditors also dropped by 13%, which is a good sign. Net assets grew by 14% to £2.7 million, but accumulated depreciation increased, indicating wear and tear on equipment. 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 decline in trade debtors warrants attention. There’s no auditor mentioned, so the figures are unaudited.

Overall, R & R Seafoods Ltd seems to be holding its own, but the fluctuating debtor numbers suggest a need for careful financial management. The company’s long-standing family heritage and focus on quality fish blocks provide a solid foundation for future success.

Registered in England/Wales under the registration number 08668178, with a registered address at DN31 1QS, Grimsby, N E Lincolnshire, Units 1 And 2, Maltings Way.

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