Seafood Trading Limited

Seafood Trading Limited, hailing from Padstow, UK, is a large, active family business established 30 years ago. With a substantial workforce of 416,000 employees and £7.839 million in assets, the company generated £20.206 million in revenue last year. It’s directed by nine individuals, with two owners at the helm, and operates from a real address in Riverside, Padstow. The company is also an irregular importer, with its top import category being Glass and Glassware, totaling 2 months of imports. The last import operation was conducted on September 01, 2024.

The company’s core business revolves around licensed restaurants, takeaway food shops, mobile food stands, hotels, and similar accommodation industries. It also operates a cookery school and internal production unit, all considered part of a single business. The Seafood Restaurant (Padstow) Limited also has an associated website, The Seafood School, which offers various cookery courses and events.

Financially, Seafood Trading Limited’s recent performance presents a mixed picture. While turnover remained relatively stable at £20.206 million, net assets decreased by 12% to £8.3 million. Bank borrowings increased significantly by 1,300%, reaching £530,000, while cash reserves fell by 90%, leaving just £530,000. Creditors also decreased by 54%, suggesting improved debt management. The company’s large size (meeting two of three conditions for a large company) and the presence of nine directors indicate a complex organizational structure. The company’s accounts are audited by PKF Francis Clark.

The sharp decline in cash reserves and the increase in bank borrowings are concerning, potentially reflecting increased operating expenses or investments in expansion. However, the decrease in creditors suggests the company is managing its short-term liabilities effectively. The continued operation of both the restaurant and cookery school businesses, alongside the associated website, points to a diversified revenue stream. It’s likely that the company is adapting to changing market conditions, but the financial figures warrant close monitoring.

Registered in England/Wales under the registration number 03031916, with a registered address at PL28 8BY, Padstow, Cornwall, Riverside.

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