j w seafoods limited
j w seafoods limited Company Information
Company Number
SC074964
Next Accounts
4 days late
Shareholders
andstrat (no 385) ltd
Group Structure
View All
Industry
Activities of head offices
Registered Address
c/o anderson strathern llp, 58 morrison street, edinburgh, EH3 8BP
Website
www.jwseafoodexport.comj w seafoods limited Estimated Valuation
Pomanda estimates the enterprise value of J W SEAFOODS LIMITED at £10.1m based on a Turnover of £17.9m and 0.56x industry multiple (adjusted for size and gross margin).
j w seafoods limited Estimated Valuation
Pomanda estimates the enterprise value of J W SEAFOODS LIMITED at £0 based on an EBITDA of £-3.6k and a 4.45x industry multiple (adjusted for size and gross margin).
j w seafoods limited Estimated Valuation
Pomanda estimates the enterprise value of J W SEAFOODS LIMITED at £780.2k based on Net Assets of £370.5k and 2.11x industry multiple (adjusted for liquidity).
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J W Seafoods Limited Overview
J W Seafoods Limited is a live company located in edinburgh, EH3 8BP with a Companies House number of SC074964. It operates in the activities of head offices sector, SIC Code 70100. Founded in May 1981, it's largest shareholder is andstrat (no 385) ltd with a 100% stake. J W Seafoods Limited is a mature, mid sized company, Pomanda has estimated its turnover at £17.9m with rapid growth in recent years.
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J W Seafoods Limited Health Check
Pomanda's financial health check has awarded J W Seafoods Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £17.9m, make it in line with the average company (£19.5m)
- J W Seafoods Limited
£19.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 124%, show it is growing at a faster rate (5.3%)
- J W Seafoods Limited
5.3% - Industry AVG
Production
with a gross margin of 18.9%, this company has a higher cost of product (33.5%)
- J W Seafoods Limited
33.5% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.9%)
- J W Seafoods Limited
5.9% - Industry AVG
Employees
with 44 employees, this is below the industry average (108)
- J W Seafoods Limited
108 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- J W Seafoods Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £407.3k, this is more efficient (£196.7k)
- J W Seafoods Limited
£196.7k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (46 days)
- J W Seafoods Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (44 days)
- J W Seafoods Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- J W Seafoods Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - J W Seafoods Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.3%, this is a higher level of debt than the average (56%)
94.3% - J W Seafoods Limited
56% - Industry AVG
J W SEAFOODS LIMITED financials
J W Seafoods Limited's latest turnover from June 2023 is estimated at £17.9 million and the company has net assets of £370.5 thousand. According to their latest financial statements, we estimate that J W Seafoods Limited has 44 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,052,206 | 10,078,635 | 9,214,197 | 37,157,361 | 40,672,667 | 37,916,921 | ||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -340,966 | -178,353 | -153,644 | 2,290,231 | 1,123,050 | 1,246,862 | ||||||||
| Interest Payable | 8,889 | |||||||||||||
| Interest Receivable | 48,918 | 49,331 | 32,118 | 5 | 28 | 53 | ||||||||
| Pre-Tax Profit | -292,048 | -129,022 | -130,415 | 7,567,581 | 1,123,078 | 1,246,915 | ||||||||
| Tax | -29,696 | -633,371 | -318,326 | -369,155 | ||||||||||
| Profit After Tax | -292,048 | -129,022 | -160,111 | 6,934,210 | 804,752 | 877,760 | ||||||||
| Dividends Paid | 16,565,000 | |||||||||||||
| Retained Profit | -292,048 | -119,315 | -16,687,663 | 6,913,001 | 780,884 | 868,178 | ||||||||
| Employee Costs | 632,187 | 663,750 | 655,157 | 3,334,823 | 4,047,149 | 3,920,787 | ||||||||
| Number Of Employees | 2 | 2 | 2 | 27 | 25 | 24 | 179 | 173 | 169 | |||||
| EBITDA* | -278,859 | -126,477 | -100,023 | 2,768,058 | 1,809,304 | 1,872,959 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,849,385 | 2,849,385 | 2,849,385 | 2,849,496 | 553 | 995 | 165,893 | 189,684 | 150,663 | 185,948 | 2,043,929 | 2,373,975 | ||
| Intangible Assets | ||||||||||||||
| Investments & Other | 2,849,385 | 2,849,385 | 2,849,385 | 2,849,385 | 3,621 | |||||||||
| Debtors (Due After 1 year) | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 3,872,043 | 3,122,043 | 3,122,043 | ||||||
| Total Fixed Assets | 2,849,385 | 2,849,385 | 2,849,385 | 2,849,496 | 2,849,938 | 3,850,380 | 3,849,385 | 3,849,385 | 1,165,893 | 1,189,684 | 154,284 | 4,057,991 | 5,165,972 | 5,496,018 |
| Stock & work in progress | 235,425 | 213,221 | 158,903 | 157,887 | 1,142,012 | 925,688 | ||||||||
| Trade Debtors | 3,611,211 | 45,207 | 13,309 | 86,692 | 1,023,296 | 1,214,746 | 1,363,301 | 1,126,081 | 5,153,045 | 4,610,466 | ||||
| Group Debtors | 584,681 | 53,866 | 55,837 | 170,083 | 107,245 | 100,765 | ||||||||
| Misc Debtors | 103,410 | 5,580 | 1,636 | 2,180 | 374,990 | 464,511 | 825,975 | 89,807 | 546,281 | 315,148 | ||||
| Cash | 333,814 | 541,941 | 2,040,872 | 14,907,858 | 3,386,715 | 2,242,788 | ||||||||
| misc current assets | ||||||||||||||
| total current assets | 3,611,211 | 45,207 | 13,309 | 86,692 | 688,091 | 59,446 | 57,473 | 172,263 | 2,074,770 | 2,535,184 | 4,389,051 | 16,281,633 | 10,228,053 | 8,094,090 |
| total assets | 6,460,596 | 2,894,592 | 2,862,694 | 2,936,188 | 3,538,029 | 3,909,826 | 3,906,858 | 4,021,648 | 3,240,663 | 3,724,868 | 4,543,335 | 20,339,624 | 15,394,025 | 13,590,108 |
| Bank overdraft | 171,772 | 334,290 | 353,168 | 405,105 | ||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 4,990,115 | 1,420,489 | 1,386,251 | 1,454,462 | 782,718 | 1,025,110 | 1,127,267 | 759,070 | 3,832,265 | 2,809,531 | ||||
| Group/Directors Accounts | 264,331 | 83,532 | 76,821 | 148,710 | 73,639 | 14,583 | 585,426 | 75,000 | 40,000 | |||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 1,606,495 | 4,976 | 13,047 | 32,667 | 308,987 | 337,756 | 357,472 | 78,657 | 951,411 | 949,981 | ||||
| total current liabilities | 4,990,115 | 1,420,489 | 1,386,251 | 1,454,462 | 2,042,598 | 422,798 | 443,036 | 586,482 | 1,165,344 | 1,377,449 | 2,070,165 | 912,727 | 4,823,676 | 3,759,512 |
| loans | 1,000,000 | 1,000,000 | 1,000,000 | |||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | ||||||||||
| provisions | 1,100,000 | 1,100,000 | 1,100,000 | 1,000,000 | 77,429 | 97,671 | ||||||||
| total long term liabilities | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 2,100,000 | 2,100,000 | 2,000,000 | 77,429 | 97,671 | ||||
| total liabilities | 6,090,115 | 2,520,489 | 2,486,251 | 2,554,462 | 3,142,598 | 2,522,798 | 2,543,036 | 2,586,482 | 1,165,344 | 1,377,449 | 2,070,165 | 912,727 | 4,901,105 | 3,857,183 |
| net assets | 370,481 | 374,103 | 376,443 | 381,726 | 395,431 | 1,387,028 | 1,363,822 | 1,435,166 | 2,075,319 | 2,347,419 | 2,473,170 | 19,393,069 | 10,253,137 | 9,517,010 |
| total shareholders funds | 370,481 | 374,103 | 376,443 | 381,726 | 395,431 | 1,387,028 | 1,363,822 | 1,435,166 | 2,075,319 | 2,347,419 | 2,473,170 | 19,393,069 | 10,253,137 | 9,517,010 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -340,966 | -178,353 | -153,644 | 2,290,231 | 1,123,050 | 1,246,862 | ||||||||
| Depreciation | 442 | 442 | 332 | 875 | 677 | 62,107 | 51,876 | 53,621 | 477,827 | 686,254 | 620,250 | |||
| Amortisation | 5,847 | |||||||||||||
| Tax | -29,696 | -633,371 | -318,326 | -369,155 | ||||||||||
| Stock | -235,425 | 22,204 | 54,318 | 1,016 | -984,125 | 216,324 | 925,688 | |||||||
| Debtors | 3,566,004 | 31,898 | -73,383 | -601,399 | -371,355 | 1,973 | -114,790 | -1,333,268 | -274,491 | 590,746 | -2,898,655 | -3,733,438 | 773,712 | 8,047,657 |
| Creditors | 3,569,626 | 34,238 | -68,211 | 1,454,462 | -782,718 | -242,392 | -102,157 | 368,197 | -3,073,195 | 1,022,734 | 2,809,531 | |||
| Accruals and Deferred Income | -1,606,495 | 1,601,519 | -8,071 | -19,620 | -276,320 | -28,769 | -19,716 | 278,815 | -872,754 | 1,430 | 949,981 | |||
| Deferred Taxes & Provisions | -1,100,000 | 100,000 | 1,000,000 | -77,429 | -20,242 | 97,671 | ||||||||
| Cash flow from operations | -297,733 | -893,414 | 3,414,932 | 2,828,872 | 1,504,864 | -3,612,358 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -9,849 | -70,505 | 61,768 | -1,529,350 | -319,449 | -682,058 | ||||||||
| Change in Investments | -2,849,385 | 2,849,385 | -3,621 | 3,621 | ||||||||||
| cash flow from investments | -9,849 | -66,884 | 58,147 | -1,529,350 | -319,449 | -682,058 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -264,331 | 180,799 | 6,711 | -71,889 | 75,071 | 59,056 | -570,843 | 510,426 | 35,000 | 40,000 | ||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -1,000,000 | 1,000,000 | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | 1,100,000 | |||||||||||||
| share issue | ||||||||||||||
| interest | 48,918 | 49,331 | 23,229 | 5 | 28 | 53 | ||||||||
| cash flow from financing | 127,922 | -527,948 | 301,419 | 2,261,936 | -4,729 | 8,648,885 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -333,814 | -208,127 | -1,498,931 | -12,866,986 | 11,521,143 | 1,143,927 | 2,242,788 | |||||||
| overdraft | -171,772 | -162,518 | -18,878 | -51,937 | 405,105 | |||||||||
| change in cash | 171,772 | 162,518 | 18,878 | 51,937 | -738,919 | -208,127 | -1,498,931 | -12,866,986 | 11,521,143 | 1,143,927 | 2,242,788 |
j w seafoods limited Credit Report and Business Information
J W Seafoods Limited Competitor Analysis
Perform a competitor analysis for j w seafoods limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in EH3 area or any other competitors across 12 key performance metrics.
j w seafoods limited Ownership
J W SEAFOODS LIMITED group structure
J W Seafoods Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
J W SEAFOODS LIMITED
SC074964
2 subsidiaries
j w seafoods limited directors
J W Seafoods Limited currently has 2 directors. The longest serving directors include Mr Alistair Erskine (Sep 1998) and Mrs Margaret Erskine (Oct 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alistair Erskine | Uk | 63 years | Sep 1998 | - | Director |
| Mrs Margaret Erskine | Scotland | 64 years | Oct 2011 | - | Director |
P&L
June 2023turnover
17.9m
+799%
operating profit
-3.6k
0%
gross margin
19%
-1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
370.5k
-0.01%
total assets
6.5m
+1.23%
cash
0
0%
net assets
Total assets minus all liabilities
j w seafoods limited company details
company number
SC074964
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
May 1981
age
44
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
j. w. h. fish farming and processing limited (January 1999)
j w holdings limited (September 1998)
accountant
-
auditor
-
address
c/o anderson strathern llp, 58 morrison street, edinburgh, EH3 8BP
Bank
CLYDESDALE BANK
Legal Advisor
-
j w seafoods 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 21 charges/mortgages relating to j w seafoods limited. Currently there are 0 open charges and 21 have been satisfied in the past.
j w seafoods 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.
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j w seafoods limited Companies House Filings - See Documents
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