Seaweed & Co. Limited
- Small
- Active
- 10 years
- 3 employees
- £333,564 (assets)
- Real address
- 3 directors
- 1 owner
- Irregular importer
- Regular exporter
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Seaweed & Co. Limited is a small, active company based in North Shields, UK, founded ten years ago in 2014. With three employees and £333,564 in assets, it operates as a solo-founded business with three directors overseeing its operations. The company runs an e-commerce site specializing in seaweed-based food products, skincare, and bath products. It’s an irregular importer of miscellaneous food products, with one month of imports recorded in 2022, but a regular exporter of oil seeds and fruits used for oil, with four months of exports as of January 2025.
The company’s website, The Seaweed Food Co., highlights its commitment to hand-picking seaweed from the beaches of Guernsey and crafting a variety of delicious food seasonings. It also offers skincare and bath products, and even hosts seaweed foraging tours. The site’s blog and social media presence showcase the company's expertise in seaweed’s nutritional benefits and culinary uses, and even features appearances on television shows like James Martin's Saturday Morning. They're even collaborating with Lube UP! to create an seaweed-based anti-chafing cream.
Financially, Seaweed & Co. Limited presents a mixed picture. Current assets dropped by 15% to £330,000, while net assets plummeted 99% to just £760. Bank borrowings remained steady at £43,000, but cash reserves fell by 45% to £83,000. Creditors increased by 27% to £240,000, and trade debtors ballooned by 110% to £160,000. 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 significant equity drop raises questions. The unaudited figures, overseen by an unnamed auditor, suggest a company facing challenges, but it’s clear that Seaweed & Co. is betting on its unique product line and growing consumer interest in seaweed to sustain its growth.
Registered in England/Wales under the registration number 09314187, with a registered address at NE30 1JA, England, North Shields, Tyne And Wear, 6 Vita House, Fish Quay.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 7 years
- 5
-
Resident of United Kingdom
-
Individual
- 7 years
- 2
-
Resident of United Kingdom
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 12 pages pdf report
-
Confirmation statement made on 2024-08-25 with updatesDownload 4 pages pdf report
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Termination of appointment of Mario Patrocollo as a director on 2024-03-18Download 1 page pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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