sea products international limited
sea products international limited Company Information
Company Number
04449016
Next Accounts
Sep 2025
Shareholders
landauer ltd
Group Structure
View All
Industry
Wholesale of other food, including fish, crustaceans and molluscs
Registered Address
25 beaufort court, admirals way, london, E14 9XL
Website
www.seaproductsint.comsea products international limited Estimated Valuation
Pomanda estimates the enterprise value of SEA PRODUCTS INTERNATIONAL LIMITED at £16.5m based on a Turnover of £34.3m and 0.48x industry multiple (adjusted for size and gross margin).
sea products international limited Estimated Valuation
Pomanda estimates the enterprise value of SEA PRODUCTS INTERNATIONAL LIMITED at £9.7m based on an EBITDA of £1.7m and a 5.85x industry multiple (adjusted for size and gross margin).
sea products international limited Estimated Valuation
Pomanda estimates the enterprise value of SEA PRODUCTS INTERNATIONAL LIMITED at £6.1m based on Net Assets of £2.9m and 2.15x industry multiple (adjusted for liquidity).
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Sea Products International Limited Overview
Sea Products International Limited is a live company located in london, E14 9XL with a Companies House number of 04449016. It operates in the wholesale of other food, including fish, crustaceans and molluscs sector, SIC Code 46380. Founded in May 2002, it's largest shareholder is landauer ltd with a 100% stake. Sea Products International Limited is a mature, large sized company, Pomanda has estimated its turnover at £34.3m with healthy growth in recent years.
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Sea Products International Limited Health Check
Pomanda's financial health check has awarded Sea Products International Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 8 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
8 Weak
Size
annual sales of £34.3m, make it larger than the average company (£28.2m)
£34.3m - Sea Products International Limited
£28.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (7.5%)
6% - Sea Products International Limited
7.5% - Industry AVG
Production
with a gross margin of 9.3%, this company has a higher cost of product (14.5%)
9.3% - Sea Products International Limited
14.5% - Industry AVG
Profitability
an operating margin of 4.7% make it more profitable than the average company (3.1%)
4.7% - Sea Products International Limited
3.1% - Industry AVG
Employees
with 16 employees, this is below the industry average (40)
16 - Sea Products International Limited
40 - Industry AVG
Pay Structure
on an average salary of £72k, the company has a higher pay structure (£45k)
£72k - Sea Products International Limited
£45k - Industry AVG
Efficiency
resulting in sales per employee of £2.1m, this is more efficient (£676.4k)
£2.1m - Sea Products International Limited
£676.4k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (42 days)
54 days - Sea Products International Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (28 days)
35 days - Sea Products International Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 82 days, this is more than average (48 days)
82 days - Sea Products International Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Sea Products International Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.9%, this is a higher level of debt than the average (57.3%)
76.9% - Sea Products International Limited
57.3% - Industry AVG
SEA PRODUCTS INTERNATIONAL LIMITED financials
Sea Products International Limited's latest turnover from December 2023 is £34.3 million and the company has net assets of £2.9 million. According to their latest financial statements, Sea Products International Limited has 16 employees and maintains cash reserves of £3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 34,335,000 | 34,504,000 | 29,624,000 | 28,937,000 | 34,581,000 | 36,476,000 | 37,441,000 | 33,490,000 | 33,266,000 | 34,732,000 | 29,057,000 | 26,583,000 | 27,204,000 | 23,160,000 | 19,151,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 31,155,000 | 31,474,000 | 26,332,000 | 25,981,000 | 31,681,000 | 33,322,000 | 34,195,000 | 30,440,000 | 30,498,000 | 31,978,000 | 26,532,000 | 24,315,000 | 24,959,000 | 20,926,000 | 16,943,000 |
| Gross Profit | 3,180,000 | 3,030,000 | 3,292,000 | 2,956,000 | 2,900,000 | 3,154,000 | 3,246,000 | 3,050,000 | 2,768,000 | 2,754,000 | 2,525,000 | 2,268,000 | 2,245,000 | 2,234,000 | 2,208,000 |
| Admin Expenses | 1,574,000 | 1,717,000 | 1,955,000 | 1,806,000 | 1,862,000 | 1,898,000 | 1,853,000 | 1,835,000 | 1,860,000 | 1,797,000 | 1,693,000 | 1,608,000 | 1,590,000 | 1,529,000 | 1,410,000 |
| Operating Profit | 1,606,000 | 1,313,000 | 1,337,000 | 1,150,000 | 1,038,000 | 1,256,000 | 1,393,000 | 1,215,000 | 908,000 | 957,000 | 832,000 | 660,000 | 655,000 | 705,000 | 798,000 |
| Interest Payable | 634,000 | 346,000 | 190,000 | 423,000 | 346,000 | 329,000 | 258,000 | 231,000 | 240,000 | 233,000 | 229,000 | 237,000 | 269,000 | 197,000 | 145,000 |
| Interest Receivable | 6,000 | 2,000 | 1,000 | 4,000 | 0 | 0 | 2,000 | 3,000 | 19,000 | 12,000 | 10,000 | 14,000 | 64,000 | 16,000 | 3,000 |
| Pre-Tax Profit | 978,000 | 969,000 | 1,169,000 | 843,000 | 692,000 | 927,000 | 1,137,000 | 987,000 | 687,000 | 736,000 | 613,000 | 437,000 | 450,000 | 524,000 | 656,000 |
| Tax | -115,000 | -98,000 | -284,000 | 55,000 | -130,000 | -192,000 | -190,000 | -212,000 | -145,000 | -169,000 | -135,000 | -105,000 | -123,000 | -156,000 | -187,000 |
| Profit After Tax | 863,000 | 871,000 | 885,000 | 898,000 | 562,000 | 735,000 | 947,000 | 775,000 | 542,000 | 567,000 | 478,000 | 332,000 | 327,000 | 368,000 | 469,000 |
| Dividends Paid | 0 | 2,900,000 | 0 | 0 | 0 | 1,250,000 | 1,500,000 | 1,250,000 | 700,000 | 600,000 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 863,000 | -2,029,000 | 885,000 | 898,000 | 562,000 | -515,000 | -553,000 | -475,000 | -158,000 | -33,000 | 478,000 | 332,000 | 327,000 | 368,000 | 469,000 |
| Employee Costs | 1,152,000 | 1,133,000 | 1,464,000 | 1,359,000 | 1,277,000 | 1,307,000 | 1,335,000 | 1,262,000 | 1,291,000 | 1,242,000 | 1,177,000 | 1,096,000 | 1,063,000 | 1,014,000 | 947,000 |
| Number Of Employees | 16 | 18 | 18 | 21 | 23 | 23 | 23 | 23 | 23 | 24 | 24 | 25 | 24 | 24 | 22 |
| EBITDA* | 1,656,000 | 1,366,000 | 1,400,000 | 1,215,000 | 1,099,000 | 1,315,000 | 1,444,000 | 1,231,000 | 927,000 | 978,000 | 846,000 | 668,000 | 660,000 | 711,000 | 805,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 156,000 | 203,000 | 255,000 | 306,000 | 357,000 | 402,000 | 446,000 | 88,000 | 30,000 | 40,000 | 59,000 | 34,000 | 13,000 | 17,000 | 9,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55,000 | 55,000 | 55,000 | 55,000 | 55,000 | 55,000 | 55,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 156,000 | 203,000 | 255,000 | 306,000 | 357,000 | 402,000 | 446,000 | 88,000 | 85,000 | 95,000 | 114,000 | 89,000 | 68,000 | 72,000 | 64,000 |
| Stock & work in progress | 7,028,000 | 12,871,000 | 10,758,000 | 9,276,000 | 9,470,000 | 9,332,000 | 10,863,000 | 8,098,000 | 6,689,000 | 7,729,000 | 8,264,000 | 5,805,000 | 6,370,000 | 6,100,000 | 3,748,000 |
| Trade Debtors | 5,138,000 | 5,201,000 | 3,199,000 | 2,806,000 | 3,829,000 | 5,556,000 | 5,898,000 | 5,594,000 | 5,020,000 | 4,334,000 | 5,072,000 | 4,068,000 | 4,211,000 | 3,127,000 | 3,009,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 67,000 | 35,000 | 165,000 | 144,000 | 102,000 | 110,000 | 138,000 | 113,000 | 106,000 | 126,000 | 83,000 | 77,000 | 82,000 | 86,000 | 72,000 |
| Cash | 3,000 | 461,000 | 740,000 | 444,000 | 522,000 | 1,000 | 1,000 | 1,000 | 1,000 | 54,000 | 403,000 | 631,000 | 0 | 0 | 875,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,236,000 | 18,568,000 | 14,862,000 | 12,670,000 | 13,923,000 | 14,999,000 | 16,900,000 | 13,806,000 | 11,816,000 | 12,243,000 | 13,822,000 | 10,581,000 | 10,663,000 | 9,313,000 | 7,704,000 |
| total assets | 12,392,000 | 18,771,000 | 15,117,000 | 12,976,000 | 14,280,000 | 15,401,000 | 17,346,000 | 13,894,000 | 11,901,000 | 12,338,000 | 13,936,000 | 10,670,000 | 10,731,000 | 9,385,000 | 7,768,000 |
| Bank overdraft | 1,410,000 | 3,436,000 | 0 | 0 | 0 | 1,768,000 | 2,141,000 | 492,000 | 1,854,000 | 1,553,000 | 2,176,000 | 662,000 | 1,174,000 | 1,321,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,052,000 | 5,342,000 | 6,687,000 | 4,991,000 | 4,931,000 | 4,460,000 | 6,374,000 | 4,767,000 | 3,126,000 | 4,372,000 | 5,149,000 | 3,464,000 | 4,129,000 | 3,460,000 | 2,353,000 |
| Group/Directors Accounts | 4,415,000 | 6,956,000 | 3,442,000 | 4,290,000 | 6,670,000 | 6,958,000 | 6,038,000 | 5,269,000 | 3,339,000 | 2,587,000 | 2,843,000 | 3,287,000 | 2,500,000 | 2,017,000 | 3,129,000 |
| other short term finances | 0 | 0 | 0 | 140,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 657,000 | 1,042,000 | 964,000 | 416,000 | 438,000 | 536,000 | 599,000 | 619,000 | 360,000 | 446,000 | 355,000 | 322,000 | 325,000 | 311,000 | 378,000 |
| total current liabilities | 9,534,000 | 16,776,000 | 11,093,000 | 9,837,000 | 12,039,000 | 13,722,000 | 15,152,000 | 11,147,000 | 8,679,000 | 8,958,000 | 10,523,000 | 7,735,000 | 8,128,000 | 7,109,000 | 5,860,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 9,534,000 | 16,776,000 | 11,093,000 | 9,837,000 | 12,039,000 | 13,722,000 | 15,152,000 | 11,147,000 | 8,679,000 | 8,958,000 | 10,523,000 | 7,735,000 | 8,128,000 | 7,109,000 | 5,860,000 |
| net assets | 2,858,000 | 1,995,000 | 4,024,000 | 3,139,000 | 2,241,000 | 1,679,000 | 2,194,000 | 2,747,000 | 3,222,000 | 3,380,000 | 3,413,000 | 2,935,000 | 2,603,000 | 2,276,000 | 1,908,000 |
| total shareholders funds | 2,858,000 | 1,995,000 | 4,024,000 | 3,139,000 | 2,241,000 | 1,679,000 | 2,194,000 | 2,747,000 | 3,222,000 | 3,380,000 | 3,413,000 | 2,935,000 | 2,603,000 | 2,276,000 | 1,908,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,606,000 | 1,313,000 | 1,337,000 | 1,150,000 | 1,038,000 | 1,256,000 | 1,393,000 | 1,215,000 | 908,000 | 957,000 | 832,000 | 660,000 | 655,000 | 705,000 | 798,000 |
| Depreciation | 50,000 | 53,000 | 63,000 | 65,000 | 61,000 | 59,000 | 51,000 | 16,000 | 19,000 | 21,000 | 14,000 | 8,000 | 5,000 | 6,000 | 7,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -115,000 | -98,000 | -284,000 | 55,000 | -130,000 | -192,000 | -190,000 | -212,000 | -145,000 | -169,000 | -135,000 | -105,000 | -123,000 | -156,000 | -187,000 |
| Stock | -5,843,000 | 2,113,000 | 1,482,000 | -194,000 | 138,000 | -1,531,000 | 2,765,000 | 1,409,000 | -1,040,000 | -535,000 | 2,459,000 | -565,000 | 270,000 | 2,352,000 | 3,748,000 |
| Debtors | -31,000 | 1,872,000 | 414,000 | -981,000 | -1,735,000 | -370,000 | 329,000 | 581,000 | 666,000 | -695,000 | 1,010,000 | -148,000 | 1,080,000 | 132,000 | 3,081,000 |
| Creditors | -2,290,000 | -1,345,000 | 1,696,000 | 60,000 | 471,000 | -1,914,000 | 1,607,000 | 1,641,000 | -1,246,000 | -777,000 | 1,685,000 | -665,000 | 669,000 | 1,107,000 | 2,353,000 |
| Accruals and Deferred Income | -385,000 | 78,000 | 548,000 | -22,000 | -98,000 | -63,000 | -20,000 | 259,000 | -86,000 | 91,000 | 33,000 | -3,000 | 14,000 | -67,000 | 378,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 4,740,000 | -3,984,000 | 1,464,000 | 2,483,000 | 2,939,000 | 1,047,000 | -253,000 | 929,000 | -176,000 | 1,353,000 | -1,040,000 | 608,000 | -130,000 | -889,000 | -3,480,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -55,000 | 0 | 0 | 0 | 0 | 0 | 0 | 55,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,541,000 | 3,514,000 | -848,000 | -2,380,000 | -288,000 | 920,000 | 769,000 | 1,930,000 | 752,000 | -256,000 | -444,000 | 787,000 | 483,000 | -1,112,000 | 3,129,000 |
| Other Short Term Loans | 0 | 0 | -140,000 | 140,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -628,000 | -344,000 | -189,000 | -419,000 | -346,000 | -329,000 | -256,000 | -228,000 | -221,000 | -221,000 | -219,000 | -223,000 | -205,000 | -181,000 | -142,000 |
| cash flow from financing | -3,169,000 | 3,170,000 | -1,177,000 | -2,659,000 | -634,000 | 591,000 | 513,000 | 1,702,000 | 531,000 | -477,000 | -663,000 | 564,000 | 278,000 | -1,293,000 | 4,426,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -458,000 | -279,000 | 296,000 | -78,000 | 521,000 | 0 | 0 | 0 | -53,000 | -349,000 | -228,000 | 631,000 | 0 | -875,000 | 875,000 |
| overdraft | -2,026,000 | 3,436,000 | 0 | 0 | -1,768,000 | -373,000 | 1,649,000 | -1,362,000 | 301,000 | -623,000 | 1,514,000 | -512,000 | -147,000 | 1,321,000 | 0 |
| change in cash | 1,568,000 | -3,715,000 | 296,000 | -78,000 | 2,289,000 | 373,000 | -1,649,000 | 1,362,000 | -354,000 | 274,000 | -1,742,000 | 1,143,000 | 147,000 | -2,196,000 | 875,000 |
sea products international limited Credit Report and Business Information
Sea Products International Limited Competitor Analysis
Perform a competitor analysis for sea products international limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.
sea products international limited Ownership
SEA PRODUCTS INTERNATIONAL LIMITED group structure
Sea Products International Limited has no subsidiary companies.
Ultimate parent company
WEST INDIA AB
#0012564
2 parents
SEA PRODUCTS INTERNATIONAL LIMITED
04449016
sea products international limited directors
Sea Products International Limited currently has 5 directors. The longest serving directors include Mr Darren Jordan (May 2019) and Mr Stewart Ward (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Jordan | 48 years | May 2019 | - | Director | |
| Mr Stewart Ward | 51 years | Nov 2019 | - | Director | |
| Mr Stewart Ward | 51 years | Nov 2019 | - | Director | |
| Mrs Anna Kapka | 36 years | Jun 2021 | - | Director | |
| Mr Matthew Grove | 46 years | Oct 2022 | - | Director |
P&L
December 2023turnover
34.3m
0%
operating profit
1.6m
+22%
gross margin
9.3%
+5.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.9m
+0.43%
total assets
12.4m
-0.34%
cash
3k
-0.99%
net assets
Total assets minus all liabilities
sea products international limited company details
company number
04449016
Type
Private limited with Share Capital
industry
46380 - Wholesale of other food, including fish, crustaceans and molluscs
incorporation date
May 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
pepmont limited (June 2002)
accountant
-
auditor
PKF LITTLEJOHN LLP
address
25 beaufort court, admirals way, london, E14 9XL
Bank
-
Legal Advisor
CLYDE & CO
sea products international limited Charges & Mortgages
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 15 charges/mortgages relating to sea products international limited. Currently there are 5 open charges and 10 have been satisfied in the past.
sea products international limited Capital Raised & Share Issues BETA
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 SEA PRODUCTS INTERNATIONAL LIMITED. This can take several minutes, an email will notify you when this has completed.
sea products international limited Companies House Filings - See Documents
| date | description | view/download |
|---|
