farne salmon & trout limited
farne salmon & trout limited Company Information
Company Number
SC076613
Next Accounts
Mar 2026
Shareholders
labeyrie fine foods sas
Group Structure
View All
Industry
Processing and preserving of fish, crustaceans and molluscs
Registered Address
station road, duns, berwickshire, TD11 3HS
Website
www.farnesalmon.comfarne salmon & trout limited Estimated Valuation
Pomanda estimates the enterprise value of FARNE SALMON & TROUT LIMITED at £141m based on a Turnover of £119m and 1.18x industry multiple (adjusted for size and gross margin).
farne salmon & trout limited Estimated Valuation
Pomanda estimates the enterprise value of FARNE SALMON & TROUT LIMITED at £89.3m based on an EBITDA of £11.4m and a 7.81x industry multiple (adjusted for size and gross margin).
farne salmon & trout limited Estimated Valuation
Pomanda estimates the enterprise value of FARNE SALMON & TROUT LIMITED at £40.2m based on Net Assets of £20.5m and 1.96x industry multiple (adjusted for liquidity).
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Farne Salmon & Trout Limited Overview
Farne Salmon & Trout Limited is a live company located in berwickshire, TD11 3HS with a Companies House number of SC076613. It operates in the processing and preserving of fish, crustaceans and molluscs sector, SIC Code 10200. Founded in November 1981, it's largest shareholder is labeyrie fine foods sas with a 100% stake. Farne Salmon & Trout Limited is a mature, mega sized company, Pomanda has estimated its turnover at £119m with low growth in recent years.
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Farne Salmon & Trout Limited Health Check
Pomanda's financial health check has awarded Farne Salmon & Trout Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £119m, make it larger than the average company (£30.5m)
£119m - Farne Salmon & Trout Limited
£30.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (3.2%)
3% - Farne Salmon & Trout Limited
3.2% - Industry AVG
Production
with a gross margin of 12.5%, this company has a higher cost of product (16.2%)
12.5% - Farne Salmon & Trout Limited
16.2% - Industry AVG
Profitability
an operating margin of 7.9% make it more profitable than the average company (2.4%)
7.9% - Farne Salmon & Trout Limited
2.4% - Industry AVG
Employees
with 515 employees, this is above the industry average (113)
515 - Farne Salmon & Trout Limited
113 - Industry AVG
Pay Structure
on an average salary of £36k, the company has an equivalent pay structure (£35.9k)
£36k - Farne Salmon & Trout Limited
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £231.1k, this is equally as efficient (£255.1k)
£231.1k - Farne Salmon & Trout Limited
£255.1k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (37 days)
32 days - Farne Salmon & Trout Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (29 days)
14 days - Farne Salmon & Trout Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (33 days)
11 days - Farne Salmon & Trout Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (8 weeks)
27 weeks - Farne Salmon & Trout Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.5%, this is a lower level of debt than the average (51.9%)
36.5% - Farne Salmon & Trout Limited
51.9% - Industry AVG
FARNE SALMON & TROUT LIMITED financials
Farne Salmon & Trout Limited's latest turnover from June 2024 is £119 million and the company has net assets of £20.5 million. According to their latest financial statements, Farne Salmon & Trout Limited has 515 employees and maintains cash reserves of £5.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | 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 | 119,016,000 | 114,947,000 | 113,914,000 | 109,898,000 | 105,409,000 | 106,094,000 | 114,449,000 | 116,994,000 | 97,567,000 | 78,675,000 | 73,424,000 | 64,427,000 | 60,014,000 | 55,046,000 | 52,345,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 104,201,000 | 105,488,000 | 102,676,000 | 97,455,000 | 94,681,000 | 98,237,000 | 105,037,000 | 106,113,000 | 87,780,000 | 69,371,000 | 65,375,000 | 59,468,000 | 56,468,000 | 53,187,000 | 49,118,000 |
| Gross Profit | 14,815,000 | 9,459,000 | 11,238,000 | 12,443,000 | 10,728,000 | 7,857,000 | 9,412,000 | 10,881,000 | 9,787,000 | 9,304,000 | 8,049,000 | 4,959,000 | 3,546,000 | 1,859,000 | 3,227,000 |
| Admin Expenses | 5,416,000 | 10,258,000 | 7,321,000 | 7,496,000 | 7,744,000 | 8,226,000 | 7,891,000 | 7,338,000 | 6,270,000 | 6,609,000 | 5,489,000 | 4,294,000 | 4,476,000 | 3,176,000 | 2,544,000 |
| Operating Profit | 9,399,000 | -799,000 | 3,917,000 | 4,947,000 | 2,984,000 | -369,000 | 1,521,000 | 3,543,000 | 3,517,000 | 2,695,000 | 2,560,000 | 665,000 | -930,000 | -1,317,000 | 683,000 |
| Interest Payable | 65,000 | 6,000 | 104,000 | 13,000 | 10,000 | 54,000 | 126,000 | 243,000 | 227,000 | 367,000 | 552,000 | 230,000 | 71,000 | ||
| Interest Receivable | 632,000 | 218,000 | 96,000 | 76,000 | 95,000 | 70,000 | 14,000 | 29,000 | 7,000 | 11,000 | 15,000 | 17,000 | 15,000 | 15,000 | |
| Pre-Tax Profit | 9,966,000 | -587,000 | 4,013,000 | 4,919,000 | 3,066,000 | -309,000 | 1,481,000 | 3,446,000 | 3,281,000 | 2,479,000 | 2,208,000 | 130,000 | -1,145,000 | -1,388,000 | 698,000 |
| Tax | -2,446,000 | 121,000 | -886,000 | -941,000 | -635,000 | 3,000 | -358,000 | -748,000 | -705,000 | -580,000 | -604,000 | -28,000 | 268,000 | 308,000 | -105,000 |
| Profit After Tax | 7,520,000 | -466,000 | 3,127,000 | 3,978,000 | 2,431,000 | -306,000 | 1,123,000 | 2,698,000 | 2,576,000 | 1,899,000 | 1,604,000 | 102,000 | -877,000 | -1,080,000 | 593,000 |
| Dividends Paid | 7,000,000 | 3,000,000 | 3,500,000 | 1,500,000 | |||||||||||
| Retained Profit | 520,000 | -466,000 | 127,000 | 478,000 | 931,000 | -306,000 | 1,123,000 | 2,698,000 | 2,576,000 | 1,899,000 | 1,604,000 | 102,000 | -877,000 | -1,080,000 | 593,000 |
| Employee Costs | 18,561,000 | 18,494,000 | 19,775,000 | 19,273,000 | 17,687,000 | 18,108,000 | 17,771,000 | 17,326,000 | 17,403,000 | 14,540,000 | 12,978,000 | 12,219,000 | 12,708,000 | 11,288,000 | 10,007,000 |
| Number Of Employees | 515 | 608 | 681 | 735 | 706 | 678 | 731 | 765 | 797 | 737 | 589 | 536 | 536 | 546 | 485 |
| EBITDA* | 11,427,000 | 1,440,000 | 7,208,000 | 8,038,000 | 5,823,000 | 2,395,000 | 4,321,000 | 6,373,000 | 5,630,000 | 4,628,000 | 4,736,000 | 2,538,000 | 1,093,000 | 419,000 | 2,297,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | 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 | 8,661,000 | 9,785,000 | 11,374,000 | 11,784,000 | 11,975,000 | 12,903,000 | 13,457,000 | 12,865,000 | 13,161,000 | 11,938,000 | 8,607,000 | 8,562,000 | 7,858,000 | 8,541,000 | 7,626,000 |
| Intangible Assets | 294,000 | 553,000 | 513,000 | 708,000 | 565,000 | 674,000 | 809,000 | 994,000 | 959,000 | 941,000 | 866,000 | 1,012,000 | 976,000 | ||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 8,955,000 | 10,338,000 | 11,887,000 | 12,492,000 | 12,540,000 | 13,577,000 | 14,266,000 | 13,859,000 | 14,120,000 | 12,879,000 | 9,473,000 | 9,574,000 | 8,834,000 | 8,541,000 | 7,626,000 |
| Stock & work in progress | 3,393,000 | 3,749,000 | 5,171,000 | 3,022,000 | 3,120,000 | 3,049,000 | 4,262,000 | 3,569,000 | 5,146,000 | 3,292,000 | 3,587,000 | 3,543,000 | 2,432,000 | 2,636,000 | 2,256,000 |
| Trade Debtors | 10,442,000 | 10,557,000 | 10,342,000 | 10,470,000 | 8,630,000 | 8,893,000 | 8,155,000 | 10,122,000 | 10,725,000 | 10,576,000 | 7,876,000 | 8,046,000 | 5,636,000 | 5,647,000 | 6,112,000 |
| Group Debtors | 376,000 | 429,000 | 1,384,000 | 723,000 | 1,289,000 | 130,000 | 331,000 | 16,000 | 63,000 | 351,000 | 234,000 | 285,000 | |||
| Misc Debtors | 3,316,000 | 3,152,000 | 2,134,000 | 680,000 | 629,000 | 1,598,000 | 1,061,000 | 442,000 | 1,213,000 | 337,000 | 1,652,000 | 826,000 | 480,000 | 885,000 | 682,000 |
| Cash | 5,813,000 | 6,232,000 | 4,232,000 | 4,265,000 | 5,603,000 | 5,450,000 | 9,032,000 | 10,173,000 | 5,760,000 | 5,686,000 | 5,098,000 | 1,949,000 | 3,900,000 | 4,821,000 | 3,396,000 |
| misc current assets | |||||||||||||||
| total current assets | 23,340,000 | 24,119,000 | 23,263,000 | 19,160,000 | 19,271,000 | 18,990,000 | 22,640,000 | 24,637,000 | 22,844,000 | 19,907,000 | 18,276,000 | 14,715,000 | 12,682,000 | 14,274,000 | 12,446,000 |
| total assets | 32,295,000 | 34,457,000 | 35,150,000 | 31,652,000 | 31,811,000 | 32,567,000 | 36,906,000 | 38,496,000 | 36,964,000 | 32,786,000 | 27,749,000 | 24,289,000 | 21,516,000 | 22,815,000 | 20,072,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,258,000 | 6,232,000 | 7,321,000 | 6,444,000 | 6,366,000 | 7,965,000 | 13,043,000 | 12,787,000 | 10,816,000 | 8,630,000 | 6,465,000 | 5,832,000 | 4,556,000 | 4,014,000 | 3,177,000 |
| Group/Directors Accounts | 1,249,000 | 233,000 | 2,473,000 | 372,000 | 189,000 | 1,069,000 | 2,346,000 | 6,282,000 | 7,304,000 | 7,394,000 | 7,500,000 | 5,350,000 | 6,093,000 | 3,356,000 | |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 5,618,000 | 7,336,000 | 4,264,000 | 4,273,000 | 5,186,000 | 4,484,000 | 4,530,000 | 5,129,000 | 4,274,000 | 3,963,000 | 2,925,000 | 1,574,000 | 2,307,000 | 2,527,000 | 2,213,000 |
| total current liabilities | 11,125,000 | 13,801,000 | 14,058,000 | 11,089,000 | 11,741,000 | 13,518,000 | 17,573,000 | 20,262,000 | 21,372,000 | 19,897,000 | 16,784,000 | 14,906,000 | 12,213,000 | 12,634,000 | 8,746,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 658,000 | 664,000 | 634,000 | 232,000 | 217,000 | 127,000 | 105,000 | 129,000 | 185,000 | 58,000 | |||||
| total long term liabilities | 658,000 | 664,000 | 634,000 | 232,000 | 217,000 | 127,000 | 105,000 | 129,000 | 185,000 | 58,000 | |||||
| total liabilities | 11,783,000 | 14,465,000 | 14,692,000 | 11,321,000 | 11,958,000 | 13,645,000 | 17,678,000 | 20,391,000 | 21,557,000 | 19,955,000 | 16,784,000 | 14,906,000 | 12,213,000 | 12,634,000 | 8,746,000 |
| net assets | 20,512,000 | 19,992,000 | 20,458,000 | 20,331,000 | 19,853,000 | 18,922,000 | 19,228,000 | 18,105,000 | 15,407,000 | 12,831,000 | 10,965,000 | 9,383,000 | 9,303,000 | 10,181,000 | 11,326,000 |
| total shareholders funds | 20,512,000 | 19,992,000 | 20,458,000 | 20,331,000 | 19,853,000 | 18,922,000 | 19,228,000 | 18,105,000 | 15,407,000 | 12,831,000 | 10,965,000 | 9,383,000 | 9,303,000 | 10,181,000 | 11,326,000 |
| Jun 2024 | 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 | 9,399,000 | -799,000 | 3,917,000 | 4,947,000 | 2,984,000 | -369,000 | 1,521,000 | 3,543,000 | 3,517,000 | 2,695,000 | 2,560,000 | 665,000 | -930,000 | -1,317,000 | 683,000 |
| Depreciation | 1,769,000 | 1,915,000 | 2,972,000 | 2,809,000 | 2,601,000 | 2,470,000 | 2,421,000 | 2,403,000 | 1,781,000 | 1,556,000 | 1,723,000 | 1,451,000 | 1,605,000 | 1,736,000 | 1,614,000 |
| Amortisation | 259,000 | 324,000 | 319,000 | 282,000 | 238,000 | 294,000 | 379,000 | 427,000 | 332,000 | 377,000 | 453,000 | 422,000 | 418,000 | ||
| Tax | -2,446,000 | 121,000 | -886,000 | -941,000 | -635,000 | 3,000 | -358,000 | -748,000 | -705,000 | -580,000 | -604,000 | -28,000 | 268,000 | 308,000 | -105,000 |
| Stock | -356,000 | -1,422,000 | 2,149,000 | -98,000 | 71,000 | -1,213,000 | 693,000 | -1,577,000 | 1,854,000 | -295,000 | 44,000 | 1,111,000 | -204,000 | 380,000 | 2,256,000 |
| Debtors | -4,000 | 278,000 | 1,987,000 | 1,325,000 | 57,000 | 1,145,000 | -1,549,000 | -1,043,000 | 1,009,000 | 1,338,000 | 368,000 | 2,873,000 | -467,000 | 23,000 | 6,794,000 |
| Creditors | -1,974,000 | -1,089,000 | 877,000 | 78,000 | -1,599,000 | -5,078,000 | 256,000 | 1,971,000 | 2,186,000 | 2,165,000 | 633,000 | 1,276,000 | 542,000 | 837,000 | 3,177,000 |
| Accruals and Deferred Income | -1,718,000 | 3,072,000 | -9,000 | -913,000 | 702,000 | -46,000 | -599,000 | 855,000 | 311,000 | 1,038,000 | 1,351,000 | -733,000 | -220,000 | 314,000 | 2,213,000 |
| Deferred Taxes & Provisions | -6,000 | 30,000 | 402,000 | 15,000 | 90,000 | 22,000 | -24,000 | -56,000 | 127,000 | 58,000 | |||||
| Cash flow from operations | 5,643,000 | 4,718,000 | 3,456,000 | 5,050,000 | 4,253,000 | -2,636,000 | 4,452,000 | 11,015,000 | 4,686,000 | 6,266,000 | 5,704,000 | -931,000 | 2,354,000 | 1,475,000 | -1,468,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -3,168,000 | -2,569,000 | -3,371,000 | -5,311,000 | -2,075,000 | ||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -3,168,000 | -2,569,000 | -3,371,000 | -5,311,000 | -2,075,000 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 1,016,000 | -2,240,000 | 2,101,000 | 183,000 | -880,000 | 1,069,000 | -2,346,000 | -3,936,000 | -1,022,000 | -90,000 | -106,000 | 2,150,000 | -743,000 | 2,737,000 | 3,356,000 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 567,000 | 212,000 | 96,000 | -28,000 | 82,000 | 60,000 | -40,000 | -97,000 | -236,000 | -216,000 | -352,000 | -535,000 | -215,000 | -71,000 | 15,000 |
| cash flow from financing | 1,583,000 | -2,028,000 | 2,197,000 | 155,000 | -798,000 | 1,129,000 | -2,386,000 | -4,033,000 | -1,258,000 | -339,000 | -480,000 | 1,593,000 | -959,000 | 2,601,000 | 14,104,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -419,000 | 2,000,000 | -33,000 | -1,338,000 | 153,000 | -3,582,000 | -1,141,000 | 4,413,000 | 74,000 | 588,000 | 3,149,000 | -1,951,000 | -921,000 | 1,425,000 | 3,396,000 |
| overdraft | |||||||||||||||
| change in cash | -419,000 | 2,000,000 | -33,000 | -1,338,000 | 153,000 | -3,582,000 | -1,141,000 | 4,413,000 | 74,000 | 588,000 | 3,149,000 | -1,951,000 | -921,000 | 1,425,000 | 3,396,000 |
farne salmon & trout limited Credit Report and Business Information
Farne Salmon & Trout Limited Competitor Analysis
Perform a competitor analysis for farne salmon & trout limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in TD11 area or any other competitors across 12 key performance metrics.
farne salmon & trout limited Ownership
FARNE SALMON & TROUT LIMITED group structure
Farne Salmon & Trout Limited has no subsidiary companies.
Ultimate parent company
LP PAI HOLDCO SAS
#0094744
LABEYRIE FINE FOODS SAS
#0081721
2 parents
FARNE SALMON & TROUT LIMITED
SC076613
farne salmon & trout limited directors
Farne Salmon & Trout Limited currently has 2 directors. The longest serving directors include Mr Jaques Trottier (Feb 2020) and Mr Franck Lada (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jaques Trottier | France | 56 years | Feb 2020 | - | Director |
| Mr Franck Lada | France | 59 years | Sep 2022 | - | Director |
P&L
June 2024turnover
119m
+4%
operating profit
9.4m
-1276%
gross margin
12.5%
+51.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
20.5m
+0.03%
total assets
32.3m
-0.06%
cash
5.8m
-0.07%
net assets
Total assets minus all liabilities
farne salmon & trout limited company details
company number
SC076613
Type
Private limited with Share Capital
industry
10200 - Processing and preserving of fish, crustaceans and molluscs
incorporation date
November 1981
age
44
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2024
previous names
farne salmon & trout co limited (February 1988)
accountant
-
auditor
CONSTANTIN
address
station road, duns, berwickshire, TD11 3HS
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
farne salmon & trout 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 33 charges/mortgages relating to farne salmon & trout limited. Currently there are 3 open charges and 30 have been satisfied in the past.
farne salmon & trout 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 FARNE SALMON & TROUT LIMITED. This can take several minutes, an email will notify you when this has completed.
farne salmon & trout limited Companies House Filings - See Documents
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