pacific seafood limited Company Information
Company Number
09540520
Website
www.pacificseafood.comRegistered Address
pacific seafood ltd, unit 8 silverdale industrial est, hayes, UB3 3BL
Industry
Wholesale of other food, including fish, crustaceans and molluscs
Other retail sale of food in specialised stores
Telephone
02031376707
Next Accounts Due
July 2024
Group Structure
View All
Directors
Mohammad Siddiqui8 Years
Shareholders
sufiya siddiqui 50%
mohammad naved siddiqui 50%
pacific seafood limited Estimated Valuation
Pomanda estimates the enterprise value of PACIFIC SEAFOOD LIMITED at £4.4m based on a Turnover of £10.6m and 0.42x industry multiple (adjusted for size and gross margin).
pacific seafood limited Estimated Valuation
Pomanda estimates the enterprise value of PACIFIC SEAFOOD LIMITED at £1.6m based on an EBITDA of £330.7k and a 4.93x industry multiple (adjusted for size and gross margin).
pacific seafood limited Estimated Valuation
Pomanda estimates the enterprise value of PACIFIC SEAFOOD LIMITED at £2.3m based on Net Assets of £748.6k and 3.11x industry multiple (adjusted for liquidity).
Pacific Seafood Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Pacific Seafood Limited Overview
Pacific Seafood Limited is a live company located in hayes, UB3 3BL with a Companies House number of 09540520. It operates in the wholesale of other food, including fish, crustaceans and molluscs sector, SIC Code 46380. Founded in April 2015, it's largest shareholder is sufiya siddiqui with a 50% stake. Pacific Seafood Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.6m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Pacific Seafood Limited Health Check
Pomanda's financial health check has awarded Pacific Seafood Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £10.6m, make it in line with the average company (£9.2m)
- Pacific Seafood Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (7.9%)
- Pacific Seafood Limited
7.9% - Industry AVG
Production
with a gross margin of 29.1%, this company has a comparable cost of product (29.1%)
- Pacific Seafood Limited
29.1% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (6.9%)
- Pacific Seafood Limited
6.9% - Industry AVG
Employees
with 13 employees, this is similar to the industry average (16)
13 - Pacific Seafood Limited
16 - Industry AVG
Pay Structure
on an average salary of £22.7k, the company has an equivalent pay structure (£22.7k)
- Pacific Seafood Limited
£22.7k - Industry AVG
Efficiency
resulting in sales per employee of £812.6k, this is more efficient (£285.1k)
- Pacific Seafood Limited
£285.1k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (26 days)
- Pacific Seafood Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (30 days)
- Pacific Seafood Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (24 days)
- Pacific Seafood Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (20 weeks)
8 weeks - Pacific Seafood Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.9%, this is a similar level of debt than the average (74.5%)
70.9% - Pacific Seafood Limited
74.5% - Industry AVG
pacific seafood limited Credit Report and Business Information
Pacific Seafood Limited Competitor Analysis
Perform a competitor analysis for pacific seafood limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
pacific seafood limited Ownership
PACIFIC SEAFOOD LIMITED group structure
Pacific Seafood Limited has no subsidiary companies.
Ultimate parent company
PACIFIC SEAFOOD LIMITED
09540520
pacific seafood limited directors
Pacific Seafood Limited currently has 1 director, Mr Mohammad Siddiqui serving since Apr 2015.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mohammad Siddiqui | United Kingdom | 34 years | Apr 2015 | - | Director |
PACIFIC SEAFOOD LIMITED financials
Pacific Seafood Limited's latest turnover from October 2022 is estimated at £10.6 million and the company has net assets of £748.6 thousand. According to their latest financial statements, Pacific Seafood Limited has 13 employees and maintains cash reserves of £228.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
---|---|---|---|---|---|---|---|---|
Turnover | ||||||||
Other Income Or Grants | ||||||||
Cost Of Sales | ||||||||
Gross Profit | ||||||||
Admin Expenses | ||||||||
Operating Profit | ||||||||
Interest Payable | ||||||||
Interest Receivable | ||||||||
Pre-Tax Profit | ||||||||
Tax | ||||||||
Profit After Tax | ||||||||
Dividends Paid | ||||||||
Retained Profit | ||||||||
Employee Costs | ||||||||
Number Of Employees | 13 | 10 | 10 | 8 | 2 | 2 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 550,431 | 528,032 | 239,546 | 236,212 | 185,598 | 148,886 | 22,263 | 8,940 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 550,431 | 528,032 | 239,546 | 236,212 | 185,598 | 148,886 | 22,263 | 8,940 |
Stock & work in progress | 300,000 | 354,000 | 199,898 | 179,400 | 195,700 | 295,287 | 163,892 | 87,400 |
Trade Debtors | 1,352,525 | 829,801 | 522,009 | 460,735 | 391,742 | 263,345 | 87,849 | 97,453 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 73,407 | 107,054 | 68,508 | 11,942 | 8,891 | 11,210 | 4,622 | 0 |
Cash | 228,881 | 19,012 | 82,937 | 118,754 | 18,056 | 39,371 | 113,676 | 5,400 |
misc current assets | 67,277 | 67,277 | 67,277 | 67,277 | 67,277 | 67,277 | 0 | 0 |
total current assets | 2,022,090 | 1,377,144 | 940,629 | 838,108 | 681,666 | 676,490 | 370,039 | 190,253 |
total assets | 2,572,521 | 1,905,176 | 1,180,175 | 1,074,320 | 867,264 | 825,376 | 392,302 | 199,193 |
Bank overdraft | 206,311 | 189,420 | 66,981 | 116,313 | 84,853 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,080,819 | 723,314 | 402,205 | 362,044 | 196,090 | 346,453 | 62,126 | 188,734 |
Group/Directors Accounts | 0 | 0 | 0 | 410,353 | 410,251 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 142,730 | 28,208 | 20,969 | 11,406 | 47,461 | 350,609 | 282,890 | 0 |
total current liabilities | 1,429,860 | 940,942 | 490,155 | 900,116 | 738,655 | 697,062 | 345,016 | 188,734 |
loans | 394,034 | 394,034 | 444,353 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 394,034 | 394,034 | 444,353 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 1,823,894 | 1,334,976 | 934,508 | 900,116 | 738,655 | 697,062 | 345,016 | 188,734 |
net assets | 748,627 | 570,200 | 245,667 | 174,204 | 128,609 | 128,314 | 47,286 | 10,459 |
total shareholders funds | 748,627 | 570,200 | 245,667 | 174,204 | 128,609 | 128,314 | 47,286 | 10,459 |
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | 64,383 | 65,372 | 69,962 | 52,147 | 25,888 | 30,067 | 1,210 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | ||||||||
Stock | -54,000 | 154,102 | 20,498 | -16,300 | -99,587 | 131,395 | 76,492 | 87,400 |
Debtors | 489,077 | 346,338 | 117,840 | 72,044 | 126,078 | 182,084 | -4,982 | 97,453 |
Creditors | 357,505 | 321,109 | 40,161 | 165,954 | -150,363 | 284,327 | -126,608 | 188,734 |
Accruals and Deferred Income | 114,522 | 7,239 | 9,563 | -36,055 | -303,148 | 67,719 | 282,890 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | -410,353 | 102 | 410,251 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | -50,319 | 444,353 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | 209,869 | -63,925 | -35,817 | 100,698 | -21,315 | -74,305 | 108,276 | 5,400 |
overdraft | 16,891 | 122,439 | -49,332 | 31,460 | 84,853 | 0 | 0 | 0 |
change in cash | 192,978 | -186,364 | 13,515 | 69,238 | -106,168 | -74,305 | 108,276 | 5,400 |
P&L
October 2022turnover
10.6m
+49%
operating profit
266.3k
0%
gross margin
29.2%
+4.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
748.6k
+0.31%
total assets
2.6m
+0.35%
cash
228.9k
+11.04%
net assets
Total assets minus all liabilities
pacific seafood limited company details
company number
09540520
Type
Private limited with Share Capital
industry
47230 - Retail sale of fish, crustaceans and molluscs in specialised stores
46380 - Wholesale of other food, including fish, crustaceans and molluscs
47290 - Other retail sale of food in specialised stores
incorporation date
April 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
pacific seafood ltd, unit 8 silverdale industrial est, hayes, UB3 3BL
last accounts submitted
October 2022
pacific seafood 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 2 charges/mortgages relating to pacific seafood limited. Currently there are 2 open charges and 0 have been satisfied in the past.
pacific seafood limited Companies House Filings - See Documents
date | description | view/download |
---|