Seamark Plc

Seamark Plc, a large family business based in Manchester, UK, has been a fixture in the seafood industry for 34 years. With 115 employees and £14.87 million in assets, the company is actively trading and boasts a respectable 4.0-star Google rating from 10 reviews. It’s managed by four directors and owned by Ahmed Bilal, Ahmed Iqbal, Ahmed Kamal.

The company’s core business revolves around importing fish and seafood, including shellfish, for a substantial 314 months, with the last import operation occurring in January 2025. It also regularly exports meat, fish, and seafood preparations, having done so for 129 months, with the last export in January 2025. Seamark Plc operates in the processing and preserving of poultry meat, the processing and preserving of fish, crustaceans and molluscs, and the wholesale of other food, including fish, crustaceans and molluscs industries.

Financially, Seamark Plc’s recent performance presents a mixed picture. While revenue remained steady at £36 million, net assets took a significant hit, plummeting 37% to £11 million. Cash reserves also fell sharply, decreasing 100% to a mere £4,400. Bank borrowings increased by 32%, reaching £4.2 million, and creditors decreased by 8.1%. The company’s current assets declined by 27% to £15 million. The firm’s employee numbers have also decreased considerably, dropping 30% to 80.

Royce Peeling Green Limited conducted the audit, and the financial statements are prepared in accordance with FRS 102. The company’s size—meeting two of three criteria for a large company—suggests it's navigating a competitive market. The decrease in equity and cash reserves, however, indicates a need for careful financial management, and the increase in bank borrowings is something to watch.

Registered in England/Wales under the registration number 02575875, with a registered address at M40 8AD, Manchester, Hulme Hall Lane Lord North Street, Miles Platting.

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