Pelagia (greenock) Limited

POWER SEARCH PRICING

SOLUTIONS

pelagia (greenock) limited Company Information

Live

MatureSmallHealthy

Company Number

SC195403

Website

http://rossyew.co.uk

Registered Address

east tullos industrial estate, greenwell place, aberdeen, aberdeenshire, AB12 3AY

Industry

Marine aquaculture

Telephone

01475784220

Next Accounts Due

September 2024

Group Structure

View All

Directors

Michael McEllone11 Years

Frank Trearty9 Years

Shareholders

pelagia (uk) limited 100%

pelagia (greenock) limited Estimated Valuation

£5.6m

Pomanda estimates the enterprise value of PELAGIA (GREENOCK) LIMITED at £5.6m based on an EBITDA of £1.6m and a 3.54x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Pelagia (greenock) Limited is a live company located in aberdeen, AB12 3AY with a Companies House number of SC195403. It operates in the marine aquaculture sector, SIC Code 03210. Founded in April 1999, it's largest shareholder is pelagia (uk) limited with a 100% stake. Pelagia (greenock) Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.9m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Pelagia (Greenock) Limited a 4 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

Health Rating4out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £4.9m, make it smaller than the average company (£15.9m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.3%)

EXPORT

Pelagia (Greenock) Limited's latest turnover from December 2022 is estimated at £4.9 million and the company has net assets of £2.1 million. According to their latest financial statements, Pelagia (Greenock) Limited has 13 employees and maintains cash reserves of £310.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	4,911,842	4,475,369	3,770,421	4,242,819	3,868,299	3,361,042	2,797,777	2,678,078	2,571,233	4,944,134	4,518,226	6,452,497	3,831,206	5,362,593
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,774,939	3,382,871	2,657,772	2,959,203	2,476,759	2,311,581	2,147,320	2,166,229	1,983,999	3,785,899	3,696,259	4,684,105	2,569,693	3,943,056
Gross Profit	1,136,903	1,092,498	1,112,648	1,283,617	1,391,540	1,049,461	650,457	511,849	587,234	1,158,234	821,967	1,768,392	1,261,512	1,419,537
Admin Expenses	-314,081	934,837	3,200,945	4,293,792	-595,041	-2,131,452	-242,960	1,413,737	-638,859	707,267	626,453	744,852	173,869	2,023,977
Operating Profit	1,450,984	157,661	-2,088,297	-3,010,175	1,986,581	3,180,913	893,417	-901,888	1,226,093	450,967	195,514	1,023,540	1,087,643	-604,440
Interest Payable	193,094	0	0	0	0	0	0	0	0	0	4,036	9,836	13,366	7,565
Interest Receivable	12,761	689	351	20,063	29,524	9,292	1,397	2,454	1,574	1,162	354	0	0	0
Pre-Tax Profit	1,270,652	158,351	-2,087,946	-2,990,112	2,016,105	3,190,205	894,814	-899,434	1,227,667	452,129	191,832	1,013,704	1,074,278	-612,005
Tax	-241,424	-30,087	0	0	-383,060	-606,139	-178,963	0	-257,810	-103,990	-46,040	-263,563	-300,798	0
Profit After Tax	1,029,228	128,264	-2,087,946	-2,990,112	1,633,045	2,584,066	715,851	-899,434	969,857	348,139	145,792	750,141	773,480	-612,005
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	1,029,228	128,264	-2,087,946	-2,990,112	1,633,045	2,584,066	715,851	-899,434	969,857	348,139	145,792	750,141	773,480	-612,005
Employee Costs	546,383	512,375	478,564	463,483	423,159	412,390	358,022	321,856	264,390	781,072	593,045	727,828	392,021	633,608
Number Of Employees	13	13	12	12	11	12	11	11	9	27	22	27	14	22
EBITDA*	1,593,412	302,029	-1,929,532	-2,844,703	2,145,256	3,349,591	1,039,192	-761,770	1,337,101	609,525	355,233	1,198,902	1,169,571	-516,131

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	5,731,159	3,205,249	2,267,489	1,690,483	1,560,687	1,693,001	1,526,085	1,649,306	1,303,752	1,365,531	1,390,919	1,455,393	1,463,736	1,287,027
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	995	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	5,731,159	3,205,249	2,267,489	1,690,483	1,560,687	1,693,001	1,527,080	1,649,306	1,303,752	1,365,531	1,390,919	1,455,393	1,463,736	1,287,027
Stock & work in progress	255,473	405,973	244,528	253,623	230,130	174,459	154,007	125,510	156,991	129,154	92,996	80,545	92,068	119,543
Trade Debtors	961,386	722,373	561,774	831,050	634,835	637,902	603,569	569,260	433,945	789,462	641,687	1,210,912	593,742	520,624
Group Debtors	0	0	0	313,337	0	0	0	0	1,028,054	0	0	0	0	0
Misc Debtors	133,635	182,001	101,961	74,266	58,404	96,575	59,930	56,932	55,982	0	0	0	0	4,321
Cash	310,582	418,645	132,709	569,893	4,780,274	3,092,825	624,151	493,610	487,998	323,112	141,501	0	0	1
misc current assets	153,360	195,444	45,445	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,814,436	1,924,436	1,086,417	2,042,169	5,703,643	4,001,761	1,441,657	1,245,312	2,162,970	1,241,728	876,184	1,291,457	685,810	644,489
total assets	7,545,595	5,129,685	3,353,906	3,732,652	7,264,330	5,694,762	2,968,737	2,894,618	3,466,722	2,607,259	2,267,103	2,746,850	2,149,546	1,931,516
Bank overdraft	4,065,130	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	0
Trade Creditors	480,259	788,955	543,064	211,574	335,459	288,514	255,981	226,984	455,830	993,462	929,280	877,866	1,032,275	1,599,196
Group/Directors Accounts	92,883	2,570,666	1,382,905	0	396,470	450,407	433,884	270,212	36,662	0	0	0	0	0
other short term finances	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
other current liabilities	142,315	269,027	206,042	280,446	350,184	405,529	306,784	328,037	808,052	0	0	0	0	0
total current liabilities	4,780,587	3,628,648	2,132,011	492,020	1,082,113	1,144,450	996,649	825,233	1,300,544	993,462	929,280	877,866	1,032,275	1,599,196
loans	0	0	0	0	0	0	0	0	0	0	0	124,175	178,475	232,775
hp & lease commitments	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	8,440	10,426	0	0	0
other liabilities	0	0	0	0	0	0	0	805,437	0	59,195	102,108	331,859	283,160	373,367
provisions	624,681	389,938	239,060	169,851	121,324	122,464	128,306	131,053	131,862	140,515	167,781	169,665	124,990	96,596
total long term liabilities	624,681	389,938	239,060	169,851	121,324	122,464	128,306	936,490	131,862	208,150	280,315	625,699	586,625	702,738
total liabilities	5,405,268	4,018,586	2,371,071	661,871	1,203,437	1,266,914	1,124,955	1,761,723	1,432,406	1,201,612	1,209,595	1,503,565	1,618,900	2,301,934
net assets	2,140,327	1,111,099	982,835	3,070,781	6,060,893	4,427,848	1,843,782	1,132,895	2,034,316	1,405,647	1,057,508	1,243,285	530,646	-370,418
total shareholders funds	2,140,327	1,111,099	982,835	3,070,781	6,060,893	4,427,848	1,843,782	1,132,895	2,034,316	1,405,647	1,057,508	1,243,285	530,646	-370,418

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	1,450,984	157,661	-2,088,297	-3,010,175	1,986,581	3,180,913	893,417	-901,888	1,226,093	450,967	195,514	1,023,540	1,087,643	-604,440
Depreciation	142,428	144,368	158,765	165,472	158,675	168,678	145,775	140,118	111,008	158,558	159,719	175,362	81,928	88,309
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-241,424	-30,087	0	0	-383,060	-606,139	-178,963	0	-257,810	-103,990	-46,040	-263,563	-300,798	0
Stock	-150,500	161,445	-9,095	23,493	55,671	20,452	28,497	-31,481	63,995	36,158	12,451	-11,523	-27,475	119,543
Debtors	190,647	240,639	-554,918	525,414	-41,238	70,978	37,307	-891,789	876,294	147,775	-569,225	617,170	68,797	524,945
Creditors	-308,696	245,891	331,490	-123,885	46,945	32,533	28,997	-228,846	-473,450	64,182	51,414	-154,409	-566,921	1,599,196
Accruals and Deferred Income	-126,712	62,985	-74,404	-69,738	-55,345	98,745	-21,253	-480,015	797,626	-1,986	10,426	0	0	0
Deferred Taxes & Provisions	234,743	150,878	69,209	48,527	-1,140	-5,842	-2,747	-809	-35,919	-27,266	-1,884	44,675	28,394	96,596
Cash flow from operations	1,111,176	329,612	-1,039,224	-3,538,706	1,738,223	2,777,458	799,422	-548,170	427,259	356,532	925,923	219,958	288,924	535,173
Investing Activities
capital expenditure	-2,668,338	-1,082,128	-735,771	-295,268	-26,361	-335,594	-22,554	-485,672	-23,841	-133,170	-95,245	-167,019	-258,637	-1,375,336
Change in Investments	0	0	0	0	0	-995	995	0	0	0	0	0	0	0
cash flow from investments	-2,668,338	-1,082,128	-735,771	-295,268	-26,361	-334,599	-23,549	-485,672	-23,841	-133,170	-95,245	-167,019	-258,637	-1,375,336
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-2,477,783	1,187,761	1,382,905	-396,470	-53,937	16,523	163,672	233,550	36,662	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	-124,175	-54,300	-54,300	232,775
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	-805,437	805,437	-102,108	-42,913	-229,751	48,699	-90,207	373,367
share issue	0	0	0	0	0	0	-4,964	-1,987	6,951	0	-331,569	-37,502	127,584	241,587
interest	-180,333	689	351	20,063	29,524	9,292	1,397	2,454	1,574	1,162	-3,682	-9,836	-13,366	-7,565
cash flow from financing	-2,658,116	1,188,450	1,383,256	-376,407	-24,413	25,815	-645,332	1,039,454	-56,921	-41,751	-689,177	-52,939	-30,289	840,164
cash and cash equivalents
cash	-108,063	285,936	-437,184	-4,210,381	1,687,449	2,468,674	130,541	5,612	346,497	181,611	141,501	0	-1	1
overdraft	4,065,130	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-4,173,193	285,936	-437,184	-4,210,381	1,687,449	2,468,674	130,541	5,612	346,497	181,611	141,501	0	-1	1

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for pelagia (greenock) limited. Get real-time insights into pelagia (greenock) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for pelagia (greenock) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

PELAGIA (GREENOCK) LIMITED group structure

Pelagia (Greenock) Limited has no subsidiary companies.

Ultimate parent company

PELAGIA AS

#0096952

PELAGIA (UK) LIMITED

02746845

2 parents

PELAGIA (GREENOCK) LIMITED

SC195403

PELAGIA (GREENOCK) LIMITED Shareholders

pelagia (uk) limited

100%

Pelagia (Greenock) Limited currently has 2 directors. The longest serving directors include Mr Michael McEllone (Oct 2012) and Mr Frank Trearty (Jul 2014).

officer	country	age	start	end	role
Mr Michael McEllone	Scotland	49 years	Oct 2012	-	Director
Mr Frank Trearty	England	51 years	Jul 2014	-	Director

P&L

December 2022

turnover

4.9m

+10%

operating profit

1.5m

gross margin

23.2%

-5.18%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

2.1m

+0.93%

total assets

7.5m

+0.47%

cash

310.6k

-0.26%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

kintail hatchery ltd.

lindisfarne oysters ltd

otter ferry seafish limited

seahorse aquaculture limited

highland salmon company limited

company number

SC195403

Type

Private limited with Share Capital

industry

03210 - Marine aquaculture

incorporation date

April 1999

age

accounts

Small Company

ultimate parent company

PELAGIA AS

previous names

rossyew limited (October 2017)

incorporated

address

east tullos industrial estate, greenwell place, aberdeen, aberdeenshire, AB12 3AY

last accounts submitted

December 2022

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 pelagia (greenock) limited. Currently there are 1 open charges and 1 have been satisfied in the past.

pelagia (greenock) limited Company Information

pelagia (greenock) limited Estimated Valuation

pelagia (greenock) limited Estimated Valuation

pelagia (greenock) limited Estimated Valuation

Pelagia (greenock) Limited Overview

Pelagia (greenock) Limited Health Check

PELAGIA (GREENOCK) LIMITED financials

pelagia (greenock) limited Credit Report and Business Information

Pelagia (greenock) Limited Competitor Analysis

pelagia (greenock) limited Ownership

pelagia (greenock) limited directors

pelagia (greenock) limited company details

pelagia (greenock) limited Charges & Mortgages

pelagia (greenock) limited Companies House Filings - See Documents