red sea aquatics (uk) limited
red sea aquatics (uk) limited Company Information
Company Number
07685132
Next Accounts
Sep 2025
Shareholders
cresco international limited
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
35 ballards lane, london, N3 1XW
Website
www.redseafish.comred sea aquatics (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of RED SEA AQUATICS (UK) LIMITED at £891.3k based on a Turnover of £2.5m and 0.36x industry multiple (adjusted for size and gross margin).
red sea aquatics (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of RED SEA AQUATICS (UK) LIMITED at £2.1m based on an EBITDA of £507.8k and a 4.22x industry multiple (adjusted for size and gross margin).
red sea aquatics (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of RED SEA AQUATICS (UK) LIMITED at £6.2m based on Net Assets of £2.2m and 2.77x industry multiple (adjusted for liquidity).
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Red Sea Aquatics (uk) Limited Overview
Red Sea Aquatics (uk) Limited is a live company located in london, N3 1XW with a Companies House number of 07685132. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in June 2011, it's largest shareholder is cresco international limited with a 100% stake. Red Sea Aquatics (uk) Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with healthy growth in recent years.
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Red Sea Aquatics (uk) Limited Health Check
Pomanda's financial health check has awarded Red Sea Aquatics (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
5 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£16.2m)
- Red Sea Aquatics (uk) Limited
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.3%)
- Red Sea Aquatics (uk) Limited
6.3% - Industry AVG
Production
with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)
- Red Sea Aquatics (uk) Limited
27.6% - Industry AVG
Profitability
an operating margin of 20.3% make it more profitable than the average company (5.1%)
- Red Sea Aquatics (uk) Limited
5.1% - Industry AVG
Employees
with 9 employees, this is below the industry average (41)
9 - Red Sea Aquatics (uk) Limited
41 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Red Sea Aquatics (uk) Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £275.5k, this is less efficient (£378.8k)
- Red Sea Aquatics (uk) Limited
£378.8k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (52 days)
- Red Sea Aquatics (uk) Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (32 days)
- Red Sea Aquatics (uk) Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 162 days, this is more than average (77 days)
- Red Sea Aquatics (uk) Limited
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (14 weeks)
14 weeks - Red Sea Aquatics (uk) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.9%, this is a similar level of debt than the average (47.3%)
46.9% - Red Sea Aquatics (uk) Limited
47.3% - Industry AVG
RED SEA AQUATICS (UK) LIMITED financials
Red Sea Aquatics (Uk) Limited's latest turnover from December 2023 is estimated at £2.5 million and the company has net assets of £2.2 million. According to their latest financial statements, Red Sea Aquatics (Uk) Limited has 9 employees and maintains cash reserves of £555.3 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,144,142 | 1,878,420 | 1,386,025 | 1,239,962 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 1,142,708 | 1,117,107 | 839,818 | 719,873 | |||||||||
| Gross Profit | 1,001,434 | 761,313 | 546,207 | 520,089 | |||||||||
| Admin Expenses | 771,066 | 679,757 | 553,016 | 492,643 | |||||||||
| Operating Profit | 230,368 | 81,556 | -6,809 | 27,446 | |||||||||
| Interest Payable | 5,227 | 8,666 | 0 | 0 | |||||||||
| Interest Receivable | 9,896 | 4,948 | 3,118 | 0 | |||||||||
| Pre-Tax Profit | 235,038 | 77,838 | -23,914 | 20,149 | |||||||||
| Tax | -20,369 | -8,582 | 0 | 0 | |||||||||
| Profit After Tax | 214,669 | 69,256 | -23,914 | 20,149 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | 214,669 | 69,256 | -23,914 | 20,149 | |||||||||
| Employee Costs | 216,675 | 222,888 | |||||||||||
| Number Of Employees | 9 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 5 | 5 | |||
| EBITDA* | 231,422 | 86,057 | -5,242 | 28,761 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,501 | 9,883 | 17,559 | 25,024 | 35,947 | 7,818 | 9,542 | 5,271 | 3,404 | 16,369 | 3,147 | 2,906 | 3,671 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 620,865 | 620,865 | 620,865 | 620,865 | 620,865 | 806,964 | 782,985 | 773,833 | 597,065 | 944,047 | 471,838 | 307,763 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 627,366 | 630,748 | 638,424 | 645,889 | 656,812 | 814,782 | 792,527 | 779,104 | 600,470 | 960,417 | 474,985 | 310,669 | 3,671 |
| Stock & work in progress | 801,720 | 764,338 | 1,014,782 | 575,535 | 418,038 | 371,325 | 424,264 | 347,494 | 213,787 | 203,337 | 203,736 | 112,592 | 148,249 |
| Trade Debtors | 425,693 | 345,556 | 311,354 | 382,377 | 126,407 | 93,774 | 126,100 | 154,781 | 67,562 | 114,801 | 118,971 | 79,083 | 127,088 |
| Group Debtors | 1,692,330 | 2,920,091 | 2,419,366 | 1,446,592 | 1,734,327 | 1,311,977 | 110,737 | 118,243 | 96,413 | 0 | 0 | 0 | 0 |
| Misc Debtors | 123,740 | 139,466 | 190,618 | 171,374 | 51,161 | 13,422 | 7,733 | 28,006 | 60,035 | 14,932 | 0 | 2,348 | 0 |
| Cash | 555,313 | 220,489 | 84,066 | 515,587 | 219,672 | 28,617 | 172,615 | 114,580 | 53,363 | 82,932 | 227,030 | 141,420 | 41,858 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 127 | 99 | 0 | 0 | 0 | 0 |
| total current assets | 3,598,796 | 4,389,940 | 4,020,186 | 3,091,465 | 2,549,605 | 1,819,115 | 841,449 | 763,231 | 491,260 | 416,003 | 549,738 | 335,444 | 317,195 |
| total assets | 4,226,162 | 5,020,688 | 4,658,610 | 3,737,354 | 3,206,417 | 2,633,897 | 1,633,976 | 1,542,335 | 1,091,729 | 1,376,420 | 1,024,723 | 646,113 | 320,866 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 72,787 | 199,382 | 35,292 | 21,825 | 13,989 | 23,141 | 70,743 | 46,898 | 10,255 | 29,779 | 932,742 | 16,556 | 346,345 |
| Group/Directors Accounts | 1,675,396 | 2,679,878 | 2,703,258 | 2,236,987 | 2,125,901 | 1,725,721 | 1,028,042 | 1,032,646 | 847,714 | 1,182,705 | 0 | 395,861 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,300 | 1,300 | 5,204 | 5,204 | 5,204 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 234,548 | 291,021 | 257,310 | 271,774 | 191,250 | 190,476 | 83,403 | 87,106 | 79,802 | 66,392 | 0 | 64,525 | 0 |
| total current liabilities | 1,984,031 | 3,171,581 | 3,001,064 | 2,535,790 | 2,336,344 | 1,939,338 | 1,182,188 | 1,166,650 | 937,771 | 1,278,877 | 932,742 | 476,943 | 346,345 |
| loans | 0 | 0 | 0 | 0 | 157,824 | 152,721 | 0 | 0 | 33,160 | 0 | 120,468 | 173,435 | 0 |
| hp & lease commitments | 0 | 0 | 20,616 | 20,616 | 24,237 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61,503 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 20,616 | 20,616 | 182,061 | 152,721 | 0 | 0 | 33,161 | 61,503 | 120,469 | 173,435 | 0 |
| total liabilities | 1,984,031 | 3,171,581 | 3,021,680 | 2,556,406 | 2,518,405 | 2,092,059 | 1,182,188 | 1,166,650 | 970,932 | 1,340,380 | 1,053,211 | 650,378 | 346,345 |
| net assets | 2,242,131 | 1,849,107 | 1,636,930 | 1,180,948 | 688,012 | 541,838 | 451,788 | 375,685 | 120,797 | 36,040 | -28,487 | -4,265 | -25,479 |
| total shareholders funds | 2,242,131 | 1,849,107 | 1,636,930 | 1,180,948 | 688,012 | 541,838 | 451,788 | 375,685 | 120,797 | 36,040 | -28,487 | -4,265 | -25,479 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 230,368 | 81,556 | -6,809 | 27,446 | |||||||||
| Depreciation | 4,108 | 10,076 | 10,076 | 11,230 | 6,501 | 2,582 | 2,517 | 3,303 | 1,054 | 4,502 | 1,567 | 1,316 | 235 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -20,369 | -8,582 | 0 | 0 | |||||||||
| Stock | 37,382 | -250,444 | 439,247 | 157,497 | 46,713 | -52,939 | 76,770 | 133,707 | 10,450 | -399 | 91,144 | -35,658 | 148,249 |
| Debtors | -1,163,350 | 483,775 | 920,995 | 88,448 | 492,722 | 1,174,603 | -56,460 | 77,019 | 94,278 | 10,762 | 37,540 | -45,656 | 127,087 |
| Creditors | -126,595 | 164,090 | 13,467 | 7,836 | -9,152 | -47,602 | 23,845 | 36,643 | -19,524 | -902,963 | 916,186 | -329,789 | 346,345 |
| Accruals and Deferred Income | -56,473 | 33,711 | -14,464 | 80,524 | 774 | 107,073 | -3,703 | 7,304 | 13,410 | 66,392 | -64,525 | 64,525 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 100,211 | -769,458 | 717,735 | -155,188 | |||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -186,099 | 23,979 | 9,152 | 176,768 | -346,982 | 472,209 | 164,075 | 307,763 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,004,482 | -23,380 | 466,271 | 111,086 | 400,180 | 697,679 | -4,604 | 184,932 | -334,991 | 1,182,705 | -395,861 | 395,861 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -157,824 | 5,103 | 152,721 | 0 | -33,160 | 33,160 | -120,468 | -52,967 | 173,435 | 0 |
| Hire Purchase and Lease Commitments | 0 | -24,520 | 0 | -3,621 | 29,441 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -61,503 | 61,503 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 4,669 | -3,718 | 3,118 | 0 | |||||||||
| cash flow from financing | -488,577 | 1,115,293 | -446,019 | 570,361 | |||||||||
| cash and cash equivalents | |||||||||||||
| cash | 334,824 | 136,423 | -431,521 | 295,915 | 191,055 | -143,998 | 58,035 | 61,217 | -29,569 | -144,098 | 85,610 | 99,562 | 41,858 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 334,824 | 136,423 | -431,521 | 295,915 | 191,055 | -143,998 | 58,035 | 61,217 | -29,569 | -144,098 | 85,610 | 99,562 | 41,858 |
red sea aquatics (uk) limited Credit Report and Business Information
Red Sea Aquatics (uk) Limited Competitor Analysis
Perform a competitor analysis for red sea aquatics (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.
red sea aquatics (uk) limited Ownership
RED SEA AQUATICS (UK) LIMITED group structure
Red Sea Aquatics (Uk) Limited has no subsidiary companies.
Ultimate parent company
1 parent
RED SEA AQUATICS (UK) LIMITED
07685132
red sea aquatics (uk) limited directors
Red Sea Aquatics (Uk) Limited currently has 3 directors. The longest serving directors include Mr Eliezer Nissenberg (Jun 2011) and Mr Stephen Halls (Nov 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Eliezer Nissenberg | Israel | 61 years | Jun 2011 | - | Director |
| Mr Stephen Halls | England | 54 years | Nov 2011 | - | Director |
| Mr Jacob Lew | 44 years | Jun 2020 | - | Director |
P&L
December 2023turnover
2.5m
+6%
operating profit
503.7k
0%
gross margin
27.6%
-0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.2m
+0.21%
total assets
4.2m
-0.16%
cash
555.3k
+1.52%
net assets
Total assets minus all liabilities
red sea aquatics (uk) limited company details
company number
07685132
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
June 2011
age
14
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
CROWE UK LLP
auditor
-
address
35 ballards lane, london, N3 1XW
Bank
-
Legal Advisor
-
red sea aquatics (uk) 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 did not find charges/mortgages relating to red sea aquatics (uk) limited.
red sea aquatics (uk) limited Capital Raised & Share Issues BETA
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red sea aquatics (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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