Ocean Fish (wholesale) Limited

POWER SEARCH PRICING

SOLUTIONS

ocean fish (wholesale) limited Company Information

Company Number

01478179

Next Accounts

Aug 2025

Directors

Edward Lakeman

John Lakeman

View All

Shareholders

ocean fish group limited

Group Structure

View All

Industry

Processing and preserving of fish, crustaceans and molluscs

Registered Address

unit 2a/2b, victoria business park, st. austell, PL26 8LX

Website

ocean-fish.co.uk

ocean fish (wholesale) limited Estimated Valuation

£25m

Pomanda estimates the enterprise value of OCEAN FISH (WHOLESALE) LIMITED at £25m based on a Turnover of £28m and 0.89x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Ocean Fish (wholesale) Limited is a live company located in st. austell, PL26 8LX with a Companies House number of 01478179. It operates in the marine fishing sector, SIC Code 03110. Founded in February 1980, it's largest shareholder is ocean fish group limited with a 100% stake. Ocean Fish (wholesale) Limited is a mature, large sized company, Pomanda has estimated its turnover at £28m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Ocean Fish (Wholesale) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

5 Strong

4 Regular

3 Weak

Size

annual sales of £28m, make it larger than the average company (£21.4m)

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5%)

EXPORT

Ocean Fish (Wholesale) Limited's latest turnover from November 2023 is £28 million and the company has net assets of £7.5 million. According to their latest financial statements, Ocean Fish (Wholesale) Limited has 75 employees and maintains cash reserves of £146.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Turnover	28,040,996	26,142,791	21,633,286	21,241,517	25,600,715	35,024,692	38,679,198	25,704,196	23,574,087	31,633,387	30,132,876	29,722,484	23,988,254	20,794,717	11,322,727
Other Income Or Grants
Cost Of Sales	21,636,788	20,955,591	16,540,635	15,220,506	19,164,314	27,138,620	30,253,431	19,562,187	17,806,985	25,678,006	25,116,230	24,894,712	20,199,527	17,235,101	9,058,182
Gross Profit	6,404,208	5,187,200	5,092,651	6,021,011	6,436,401	7,886,072	8,425,767	6,142,009	5,767,102	5,955,381	5,016,646	4,827,772	3,788,727	3,559,616	2,264,545
Admin Expenses	4,980,298	5,088,064	4,701,948	5,894,384	5,807,464	7,095,884	6,753,843	5,071,759	5,013,248	4,536,717	3,177,624	3,236,672	2,778,907	2,743,749	2,058,223
Operating Profit	1,423,910	99,136	390,703	126,627	628,937	790,188	1,671,924	1,070,250	753,854	1,418,664	1,839,022	1,591,100	1,009,820	815,867	206,322
Interest Payable	458,472	281,180	172,414	129,177	27,423	27,859	15,119	28,345	22,978	23,768	25,034	30,319	19,953	30,527	20,147
Interest Receivable	2,760	31,374	60,217	48,784	11,275	11,250	7,464	400	767	10	21	78	183
Pre-Tax Profit	968,198	-150,670	278,506	46,234	612,789	773,579	1,664,269	1,042,305	731,643	1,215,483	1,814,309	1,561,339	990,330	785,340	186,375
Tax	-211,581	135,550	49,913	-99,408	-125,511	-131,098	-343,966	-197,610	-171,474	-268,803	-424,836	-296,691	-275,989	-197,011	-83,697
Profit After Tax	756,617	-15,120	328,419	-53,174	487,278	642,481	1,320,303	844,695	560,169	946,680	1,389,473	1,264,648	714,341	588,329	102,678
Dividends Paid							20,000			68,600
Retained Profit	756,617	-15,120	328,419	-53,174	487,278	642,481	1,300,303	844,695	560,169	878,080	1,389,473	1,204,214	691,238	532,924	116,870
Employee Costs	2,523,427	2,289,086	2,638,163	2,891,690	2,696,199	4,073,393	4,109,721	3,326,937	2,855,736	3,591,616	3,652,694	3,589,825	3,151,254	2,569,458	1,385,506
Number Of Employees	75	73	91	102	106	149	161	131	188	86	178	184	149	125	106
EBITDA*	2,067,862	775,088	1,118,360	880,395	1,228,097	1,441,499	2,259,711	1,719,947	1,404,768	2,023,509	2,500,672	1,936,253	1,321,465	1,082,950	438,185

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Tangible Assets	5,143,415	6,128,248	7,247,879	7,701,641	7,722,513	8,170,577	6,979,934	6,661,643	6,684,570	6,583,667	6,251,425	6,323,733	4,103,227	2,313,418	1,964,849
Intangible Assets	596,910	463,040	500,488	751,226	536,666	706,610	744,012	615,190	639,469	438,144	438,813	367,488	386,163	404,838	382,228
Investments & Other	33,351	411,259	411,259	411,259	380,791	172,477	172,477	172,477	172,477	172,477	172,477	172,477	201,234	224,337	280,044
Debtors (Due After 1 year)
Total Fixed Assets	5,773,676	7,002,547	8,159,626	8,864,126	8,639,970	9,049,664	7,896,423	7,449,310	7,496,516	7,194,288	6,862,715	6,863,698	4,690,624	2,942,593	2,627,121
Stock & work in progress	448,290	455,238	133,677	146,444	529,861	1,435,881	883,409	1,211,875	666,950	676,352	566,157	548,763	282,635	260,268	248,156
Trade Debtors	4,250,589	3,638,357	3,078,312	2,787,887	3,615,418	3,763,393	5,738,911	3,409,572	3,023,862	3,527,280	3,272,086	2,563,416	2,388,855	2,374,963	1,442,408
Group Debtors	6,003,583	6,159,479	6,469,617	5,231,514	4,033,354		53,546	820,143
Misc Debtors	2,120,536	1,520,414	844,336	985,594	885,701	1,377,660	563,713	335,392	216,006	231,106	251,209	423,321	199,262	132,322	110,097
Cash	146,752	2,089,233	1,865,837	1,175,665	1,803,193	544,799	226,246	468,528	144,753	136,146	523,246	140,182	237,594	184,996	1,693
misc current assets						13,340
total current assets	12,969,750	13,862,721	12,391,779	10,327,104	10,867,527	7,135,073	7,465,825	6,245,510	4,051,571	4,570,884	4,612,698	3,675,682	3,108,346	2,952,549	1,802,354
total assets	18,743,426	20,865,268	20,551,405	19,191,230	19,507,497	16,184,737	15,362,248	13,694,820	11,548,087	11,765,172	11,475,413	10,539,380	7,798,970	5,895,142	4,429,475
Bank overdraft	650,784	2,545,052	2,578,008	553,245	710,426	254,395	1,319,719	627,781	255,176	686,510	394,018	963,271	1,099,661	773,051	745,776
Bank loan	287,235	476,538	587,386	528,102	549,460	63,268	62,984	308,304	40,732
Trade Creditors	3,961,479	3,781,591	2,057,587	2,396,985	2,685,243	3,183,956	1,444,427	1,237,016	1,036,917	1,324,517	1,434,937	1,270,176	994,170	981,427	690,509
Group/Directors Accounts	974,762		654,580	731,665	584,590			811,021	31,881					20,362	12,732
other short term finances
hp & lease commitments	141,372	89,167	101,050							30,946	152,550	571,400			25,245
other current liabilities	926,373	759,730	871,825	1,139,545	961,384	819,555	1,544,235	1,100,116	688,373	757,860	1,437,221	1,298,643	1,217,071	673,029	381,834
total current liabilities	6,942,005	7,652,078	6,850,436	5,349,542	5,491,103	4,321,174	4,371,365	4,084,238	2,053,079	2,799,833	3,418,726	4,103,490	3,310,902	2,447,869	1,856,096
loans	2,553,533	2,288,826	2,654,516	3,201,725	3,412,385	136,878	194,754		307,991	348,793	389,119
hp & lease commitments	211,382	100,037	142,854								31,049	183,855
Accruals and Deferred Income	762,049	809,426	903,615	960,036	1,020,059	983,258	744,125	795,607	853,962	941,158	1,030,152	1,004,548	548,178
other liabilities
provisions	773,238	528,189	619,117	627,479	478,328	482,921	433,979	497,253	856,401	762,530	571,589	602,182	498,799	678,758	335,053
total long term liabilities	4,300,202	3,726,478	4,320,102	4,789,240	4,910,772	1,603,057	1,372,858	1,292,860	2,018,354	2,052,481	2,021,909	1,790,585	1,046,977	678,758	335,053
total liabilities	11,242,207	11,378,556	11,170,538	10,138,782	10,401,875	5,924,231	5,744,223	5,377,098	4,071,433	4,852,314	5,440,635	5,894,075	4,357,879	3,126,627	2,191,149
net assets	7,501,219	9,486,712	9,380,867	9,052,448	9,105,622	10,260,506	9,618,025	8,317,722	7,476,654	6,912,858	6,034,778	4,645,305	3,441,091	2,768,515	2,238,326
total shareholders funds	7,501,219	9,486,712	9,380,867	9,052,448	9,105,622	10,260,506	9,618,025	8,317,722	7,476,654	6,912,858	6,034,778	4,645,305	3,441,091	2,768,515	2,238,326

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	1,423,910	99,136	390,703	126,627	628,937	790,188	1,671,924	1,070,250	753,854	1,418,664	1,839,022	1,591,100	1,009,820	815,867	206,322
Depreciation	643,952	675,952	727,657	753,768	599,160	627,033	563,509	625,419	632,239	586,170	642,975	328,004	292,970	248,408	213,188
Amortisation						24,278	24,278	24,278	18,675	18,675	18,675	17,149	18,675	18,675	18,675
Tax	-211,581	135,550	49,913	-99,408	-125,511	-131,098	-343,966	-197,610	-171,474	-268,803	-424,836	-296,691	-275,989	-197,011	-83,697
Stock	-6,948	321,561	-12,767	-383,417	-906,020	552,472	-328,466	544,925	-9,402	110,195	17,394	266,128	22,367	12,112	248,156
Debtors	1,056,458	925,985	1,387,270	470,522	3,393,420	-1,215,117	1,791,063	1,325,239	-518,518	235,091	536,558	398,620	80,832	954,780	1,552,505
Creditors	179,888	1,724,004	-339,398	-288,258	-498,713	1,739,529	207,411	200,099	-287,600	-110,420	164,761	276,006	12,743	290,918	690,509
Accruals and Deferred Income	119,266	-206,284	-324,141	118,138	178,630	-485,547	392,637	353,388	-156,683	-768,355	164,182	537,942	1,092,220	291,195	381,834
Deferred Taxes & Provisions	245,049	-90,928	-8,362	149,151	-4,593	48,942	-63,274	-359,148	93,871	190,941	-30,593	103,383	-179,959	343,705	335,053
Cash flow from operations	1,350,974	1,089,884	-878,131	672,913	-1,709,490	3,275,970	989,922	-153,488	1,410,802	721,586	1,820,234	1,892,145	1,867,281	844,865	-38,777
Investing Activities
capital expenditure	207,011	481,127	-23,157	-947,456	18,848	-2,526,475	-1,219,724	-713,513	-954,273	-975,717	-377,462	-1,481,919	-1,654,516	-637,893	-60,935
Change in Investments	-377,908			30,468	208,314							-28,757	-23,103	-55,707	280,044
cash flow from investments	584,919	481,127	-23,157	-977,924	-189,466	-2,526,475	-1,219,724	-713,513	-954,273	-975,717	-377,462	-1,453,162	-1,631,413	-582,186	-340,979
Financing Activities
Bank loans	-189,303	-110,848	59,284	-21,358	486,192	284	-245,320	267,572	40,732
Group/Directors Accounts	974,762	-654,580	-77,085	147,075	584,590		-811,021	779,140	31,881				-20,362	7,630	12,732
Other Short Term Loans
Long term loans	264,707	-365,690	-547,209	-210,660	3,275,507	-57,876	194,754	-307,991	-40,802	-40,326	389,119
Hire Purchase and Lease Commitments	163,550	-54,700	243,904						-30,946	-152,653	-571,656	755,255		-25,245	25,245
other long term liabilities
share issue	-2,742,110	120,965			-1,642,162			-3,627	3,627				-18,662	-2,735	2,121,456
interest	-455,712	-249,806	-112,197	-80,393	-16,148	-16,609	-7,655	-27,945	-22,211	-23,758	-25,013	-30,241	-19,770	-30,527	-20,147
cash flow from financing	-1,984,106	-1,314,659	-433,303	-165,336	2,687,979	-74,201	-869,242	707,149	-17,719	-216,737	-207,550	725,014	-58,794	-50,877	2,139,286
cash and cash equivalents
cash	-1,942,481	223,396	690,172	-627,528	1,258,394	318,553	-242,282	323,775	8,607	-387,100	383,064	-97,412	52,598	183,303	1,693
overdraft	-1,894,268	-32,956	2,024,763	-157,181	456,031	-1,065,324	691,938	372,605	-431,334	292,492	-569,253	-136,390	326,610	27,275	745,776
change in cash	-48,213	256,352	-1,334,591	-470,347	802,363	1,383,877	-934,220	-48,830	439,941	-679,592	952,317	38,978	-274,012	156,028	-744,083

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ocean fish (wholesale) limited. Get real-time insights into ocean fish (wholesale) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for ocean fish (wholesale) limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other large companies, companies in PL26 area or any other competitors across 12 key performance metrics.

OCEAN FISH (WHOLESALE) LIMITED group structure

Ocean Fish (Wholesale) Limited has 1 subsidiary company.

Ultimate parent company

OCEAN HOLDINGS SOUTH WEST LTD

11504396

OCEAN FISH GROUP LIMITED

12218181

2 parents

OCEAN FISH (WHOLESALE) LIMITED

01478179

1 subsidiary

OCEAN FISH (RETAIL) LIMITED

02060546

OCEAN FISH (WHOLESALE) LIMITED Shareholders

ocean fish group limited

100%

Ocean Fish (Wholesale) Limited currently has 3 directors. The longest serving directors include Mr Edward Lakeman (Jun 1992) and Mr John Lakeman (Jun 1992).

officer	country	age	start	end	role
Mr Edward Lakeman	England	53 years	Jun 1992	-	Director
Mr John Lakeman		81 years	Jun 1992	-	Director
Mr Leigh Genge	England	44 years	Mar 2015	-	Director

P&L

November 2023

turnover

28m

+7%

operating profit

1.4m

+1336%

gross margin

22.9%

+15.1%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

7.5m

-0.21%

total assets

18.7m

-0.1%

cash

146.8k

-0.93%

net assets

Total assets minus all liabilities

Similar Companies

oceanic seafoods limited

4.5

interfish limited

seamark plc

1.5

falfish limited

mardon public limited company

company number

01478179

Type

Private limited with Share Capital

industry

46380 - Wholesale of other food, including fish, crustaceans and molluscs

10200 - Processing and preserving of fish, crustaceans and molluscs

03110 - Marine fishing

incorporation date

February 1980

ultimate parent company

OCEAN HOLDINGS SOUTH WEST LTD

previous names

vistgate limited (January 2023)

address

unit 2a/2b, victoria business park, st. austell, PL26 8LX

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 20 charges/mortgages relating to ocean fish (wholesale) limited. Currently there are 18 open charges and 2 have been satisfied in the past.

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for OCEAN FISH (WHOLESALE) LIMITED. This can take several minutes, an email will notify you when this has completed.

ocean fish (wholesale) limited Company Information

ocean fish (wholesale) limited Estimated Valuation

ocean fish (wholesale) limited Estimated Valuation

ocean fish (wholesale) limited Estimated Valuation

Ocean Fish (wholesale) Limited Overview

Ocean Fish (wholesale) Limited Health Check

OCEAN FISH (WHOLESALE) LIMITED financials

ocean fish (wholesale) limited Credit Report and Business Information

Ocean Fish (wholesale) Limited Competitor Analysis

ocean fish (wholesale) limited Ownership

ocean fish (wholesale) limited directors

ocean fish (wholesale) limited company details

ocean fish (wholesale) limited Charges & Mortgages

ocean fish (wholesale) limited Capital Raised & Share Issues BETA

ocean fish (wholesale) limited Companies House Filings - See Documents