Salmon Point (uk) Ltd

Salmon Point (uk) Ltd, based in Leyburn, UK, is a small, active company founded just three years ago. With two employees and £11,538 in assets, it’s a solo-founded operation run by a single director and owner. The company operates as a regular exporter of fish and seafood, including shellfish and other water creatures, with 11 months of export activity recorded, the latest in September 2023. It also dabbles in importing, though irregularly, with just one month of import activity noted in January 2023.

The company’s website, Salmonpoint, describes itself as an independent supplier of Norwegian salmon, trout, cod, and saithe, catering to wholesalers and industrial customers both domestically and internationally. It even has sales offices in York, UK, and Sarajevo, Bosnia and Herzegovina. The site highlights a commitment to quality, traceability, and efficient delivery, underpinned by digital systems and partnerships with leading actors in the cod industry. The company’s website also mentions the families Skalleb and Grhn, who have 35 years of experience in fish farming, processing, and exports.

Financially, Salmon Point (uk) Ltd shows some concerning trends. Current assets have plummeted by 53% to £12,000, while net assets have decreased by 27% to -£8,600. Cash reserves are down a significant 56%, sitting at -£2,800. Bank borrowings have fallen dramatically, decreasing by 60% to £8,300, and trade debtors have also fallen sharply, decreasing by 60% to £8,600. Creditors have decreased by 60%, sitting at £3,600. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Salmon Point (uk) Ltd is facing financial pressures. While it maintains a strong presence in the Norwegian seafood market, its current financial trajectory suggests a need for careful management and a focus on improving profitability.

Registered in England/Wales under the registration number 13440395, with a registered address at DL8 5AB, United Kingdom, Leyburn, North Yorkshire, Office 15, Thornborough Hall, Moor Road.

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