Victoria Island Ltd

Victoria Island Smokehouse, based in Northfleet, UK, is a small, active company established two years ago. With just two employees and £345,355 in assets, it operates from a registered address that's likely virtual, as twenty-one companies share the same location. The business is led by two directors and one owner, Broughton Barry Geoffrey.

The company's core activity revolves around producing smoked fish, a venture rooted in a Swiss-Italian family tradition. Originally based in Hong Kong and Macau, Victoria Island Smokehouse has relocated to London to be closer to its suppliers. Its website highlights a focus on artisanal, small-batch smoked salmon and seafood, sourced from around the world. The company's website details a range of products, including classic smoked salmon, specialist ranges like whisky honey infused salmon, and even smoked salmon roe. It caters to both commercial and retail customers, with locations spanning London, Hong Kong, Italy, Macau, Shanghai, and Singapore.

Financially, Victoria Island Smokehouse presents a mixed picture. While current assets increased by a substantial 100% to £350,000, net assets surged an impressive 920% to £62,000. However, bank borrowings have increased significantly by 2,400%, reaching £31,000, and cash reserves have decreased by 42%, falling to £31,000. Trade debtors have also increased by 170%, reaching £310,000, which could indicate a reliance on customer payments. Creditors have increased by 190%, reaching £210,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in bank borrowings and the decline in cash reserves warrant attention. As a small company, it is exempt from an audit, so the financial statements are unaudited.

The company’s import activities are irregular, focusing on machinery, boilers, and mechanical appliances; parts, with the last import occurring two months ago. Conversely, its export of fish and seafood is more consistent, with nine months of export activity recorded, the last operation taking place last month. It seems the company is working hard to balance its import and export activities.

Registered in England/Wales under the registration number 14504636, with a registered address at DA6 8EB, England, Bexleyheath, Kent, 33a Crook Log.

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