Ocean Blue Quota Company Ltd.

POWER SEARCH PRICING

SOLUTIONS

ocean blue quota company ltd. Company Information

Live (In Liquidation)

MatureMidRapid

Company Number

SC225485

Website

http://fishquota.net

Registered Address

kingshill view, prime four business park, aberdeen, AB15 8PU

Industry

Marine fishing

Telephone

01779490500

Next Accounts Due

February 2025

Group Structure

View All

Directors

William Smith22 Years

Doreen Smith19 Years

Shareholders

doreen dempster smith 50%

william macdonald smith 50%

ocean blue quota company ltd. Estimated Valuation

£2.4m - £7.4m

The estimated valuation range for ocean blue quota company ltd., derived from financial data as of May 2023 and the most recent industry multiples, is between £2.4m to £7.4m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Ocean Blue Quota Company Ltd. 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.

View Sample

Ocean Blue Quota Company Ltd. is a live company located in aberdeen, AB15 8PU with a Companies House number of SC225485. It operates in the marine fishing sector, SIC Code 03110. Founded in November 2001, it's largest shareholder is doreen dempster smith with a 50% stake. Ocean Blue Quota Company Ltd. is a mature, mid sized company, Pomanda has estimated its turnover at £10.9m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Ocean Blue Quota Company Ltd. a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

2 Regular

5 Weak

Size

annual sales of £10.9m, make it smaller than the average company (£16.3m)

Growth

3 year (CAGR) sales growth of 122%, show it is growing at a faster rate (5.9%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ocean blue quota company ltd.. Get real-time insights into ocean blue quota company ltd.'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 ocean blue quota company ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.

OCEAN BLUE QUOTA COMPANY LTD. group structure

Ocean Blue Quota Company Ltd. has 3 subsidiary companies.

Ultimate parent company

OCEAN BLUE QUOTA COMPANY LTD.

SC225485

3 subsidiaries

UGIE VALE FISHING CO LTD

SC608246

SYSTEMATIC DAISIES LIMITED

SC409769

ARDENNA FISHING CO LTD

SC559822

OCEAN BLUE QUOTA COMPANY LTD. Shareholders

doreen dempster smith	50%
william macdonald smith	50%

Ocean Blue Quota Company Ltd. currently has 2 directors. The longest serving directors include Mr William Smith (Nov 2001) and Mrs Doreen Smith (Jan 2005).

officer	country	age	start	end	role
Mr William Smith		61 years	Nov 2001	-	Director
Mrs Doreen Smith		63 years	Jan 2005	-	Director

EXPORT

Ocean Blue Quota Company Ltd.'s latest turnover from May 2023 is estimated at £10.9 million and the company has net assets of £1.3 million. According to their latest financial statements, Ocean Blue Quota Company Ltd. has 2 employees and maintains cash reserves of £71.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Jun 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	10,891,712	1,022,098	997,163	1,481,721	1,967,309	1,441,507	1,402,278	961,371	2,885,595	18,256,413	5,650,716	7,379,120	2,748,067	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	8,722,164	715,664	725,622	1,091,298	1,553,101	1,060,523	1,030,775	744,525	2,199,409	14,522,990	4,620,707	6,276,781	2,359,976	0
Gross Profit	2,169,548	306,435	271,540	390,423	414,208	380,984	371,503	216,846	686,186	3,733,424	1,030,009	1,102,340	388,090	0
Admin Expenses	374,113	269,437	299,121	389,978	1,231,785	333,990	210,198	-57,839	281,348	3,847,779	812,901	1,039,561	246,563	-451,683
Operating Profit	1,795,435	36,998	-27,581	445	-817,577	46,994	161,305	274,685	404,838	-114,355	217,108	62,779	141,527	451,683
Interest Payable	0	3,051	1,525	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	1,614	164	107	594	532	1,469	1,313	2,276	1,014	370	1,421	1,341	698	549
Pre-Tax Profit	1,797,049	34,110	-28,999	1,040	-817,045	48,463	162,619	276,961	405,852	-113,985	218,529	64,120	142,225	452,232
Tax	-449,262	-6,481	0	-198	0	-9,208	-32,524	-55,392	-85,229	0	-52,447	-16,671	-39,823	-126,625
Profit After Tax	1,347,787	27,629	-28,999	842	-817,045	39,255	130,095	221,569	320,623	-113,985	166,082	47,449	102,402	325,607
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	1,347,787	27,629	-28,999	842	-817,045	39,255	130,095	221,569	320,623	-113,985	166,082	47,449	102,402	325,607
Employee Costs	85,741	79,655	89,744	86,804	85,895	75,128	72,770	75,445	260,123	998,783	380,420	580,754	290,354	0
Number Of Employees	2	2	2	2	2	2	2	2	7	27	11	18	9	0
EBITDA*	1,801,274	42,979	-21,984	3,540	-815,467	49,225	165,761	282,091	409,627	-113,619	220,108	66,995	145,254	454,901

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Jun 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	9,020	5,752	11,278	12,277	6,087	2,891	4,219	5,877	11,616	5,441	6,177	8,855	12,390	15,862
Intangible Assets	266	911	1,366	1,821	2,276	0	0	0	0	0	0	0	0	0
Investments & Other	5	15,736	15,734	15,734	15,734	15,733	15,731	15,731	15,731	0	0	0	0	0
Debtors (Due After 1 year)	473,782	645,000	645,000	645,000	762,200	260,000	0	0	0	0	0	0	0	0
Total Fixed Assets	483,073	667,399	673,378	674,832	786,297	278,624	19,950	21,608	27,347	5,441	6,177	8,855	12,390	15,862
Stock & work in progress	287,508	576,760	565,611	650,339	620,029	586,497	712,737	539,080	557,932	309,168	185,601	41,872	18,622	17,722
Trade Debtors	1,746,250	6,018	21,582	77,597	120,077	76,843	18,857	38,760	171,683	1,554,996	615,195	631,027	450,998	183,784
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	50,250	119,093	118,734	204,499	212,199	798,379	108,722	124,407	0	0	0	0	0	0
Cash	71,748	30,876	100,030	114,369	44,045	97,936	489,657	561,044	349,381	56,246	91,605	476,784	59,649	219,682
misc current assets	133	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,155,889	732,747	805,957	1,046,804	996,350	1,559,655	1,329,973	1,263,291	1,078,996	1,920,410	892,401	1,149,683	529,269	421,188
total assets	2,638,962	1,400,146	1,479,335	1,721,636	1,782,647	1,838,279	1,349,923	1,284,899	1,106,343	1,925,851	898,578	1,158,538	541,659	437,050
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	9,566	3,333	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	0	15,792	10,171	78,268	153,245	127,238	10,015	1,549	256,286	1,397,960	256,547	681,348	111,918	111,441
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	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	1,289,108	913,517	1,024,231	1,218,249	1,207,113	471,708	139,661	212,949	0	0	0	0	0	0
total current liabilities	1,289,108	938,875	1,037,735	1,296,517	1,360,358	598,946	149,676	214,498	256,286	1,397,960	256,547	681,348	111,918	111,441
loans	0	38,079	46,667	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	2,065	1,666	1,036	2,223	235	234	403	652	1,877	334	489	1,730	1,730	0
total long term liabilities	2,065	39,745	47,703	2,223	235	234	403	652	1,877	334	489	1,730	1,730	0
total liabilities	1,291,173	978,620	1,085,438	1,298,740	1,360,593	599,180	150,079	215,150	258,163	1,398,294	257,036	683,078	113,648	111,441
net assets	1,347,789	421,526	393,897	422,896	422,054	1,239,099	1,199,844	1,069,749	848,180	527,557	641,542	475,460	428,011	325,609
total shareholders funds	1,347,789	421,526	393,897	422,896	422,054	1,239,099	1,199,844	1,069,749	848,180	527,557	641,542	475,460	428,011	325,609

	May 2023	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Jun 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	1,795,435	36,998	-27,581	445	-817,577	46,994	161,305	274,685	404,838	-114,355	217,108	62,779	141,527	451,683
Depreciation	5,384	5,526	5,142	3,095	2,110	2,231	4,456	7,406	4,789	736	3,000	4,216	3,727	3,218
Amortisation	455	455	455	0	0	0	0	0	0	0	0	0	0	0
Tax	-449,262	-6,481	0	-198	0	-9,208	-32,524	-55,392	-85,229	0	-52,447	-16,671	-39,823	-126,625
Stock	287,508	11,149	-84,728	30,310	33,532	-126,240	173,657	-18,852	248,764	123,567	143,729	23,250	900	17,722
Debtors	2,270,282	-15,205	-141,780	-167,380	-40,746	1,007,643	-35,588	-8,516	-1,383,313	939,801	-15,832	180,029	267,214	183,784
Creditors	0	5,621	-68,097	-74,977	26,007	117,223	8,466	-254,737	-1,141,674	1,141,413	-424,801	569,430	477	111,441
Accruals and Deferred Income	1,289,108	-110,714	-194,018	11,136	735,405	332,047	-73,288	212,949	0	0	0	0	0	0
Deferred Taxes & Provisions	2,065	630	-1,187	1,988	1	-169	-249	-1,225	1,543	-155	-1,241	0	1,730	0
Cash flow from operations	85,395	-63,909	-58,778	78,559	-46,840	-392,285	-69,903	211,054	318,816	-35,729	-386,278	416,475	-160,476	238,211
Investing Activities
capital expenditure	-15,125	0	-4,143	-8,830	-7,582	-903	-2,798	-1,667	-10,964	0	-322	-681	-255	-19,080
Change in Investments	5	2	0	0	1	2	0	0	15,731	0	0	0	0	0
cash flow from investments	-15,130	-2	-4,143	-8,830	-7,583	-905	-2,798	-1,667	-26,695	0	-322	-681	-255	-19,080
Financing Activities
Bank loans	0	6,233	3,333	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	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	-8,588	46,667	0	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	0	0	0
share issue	2	0	0	0	0	0	0	0	0	0	0	0	0	2
interest	1,614	-2,887	-1,418	594	532	1,469	1,313	2,276	1,014	370	1,421	1,341	698	549
cash flow from financing	1,616	-5,242	48,582	594	532	1,469	1,313	2,276	1,014	370	1,421	1,341	698	551
cash and cash equivalents
cash	71,748	-69,154	-14,339	70,324	-53,891	-391,721	-71,387	211,663	293,135	-35,359	-385,179	417,135	-160,033	219,682
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	71,748	-69,154	-14,339	70,324	-53,891	-391,721	-71,387	211,663	293,135	-35,359	-385,179	417,135	-160,033	219,682

P&L

May 2023

turnover

10.9m

operating profit

1.8m

gross margin

20%

turnover

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

Balance Sheet

May 2023

net assets

1.3m

total assets

2.6m

cash

71.7k

net assets

Total assets minus all liabilities

Similar Companies

Agree?

j.a.l. (fishing) limited

a j florence (engineering) limited

3.5

challenge fishing company limited

3.5

m.v. seagull

3.5

united fish selling limited

company number

SC225485

Type

Private limited with Share Capital

industry

03110 - Marine fishing

incorporation date

November 2001

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

inter-quo (scotland) ltd. (February 2005)

incorporated

address

kingshill view, prime four business park, aberdeen, AB15 8PU

last accounts submitted

May 2023

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 ocean blue quota company ltd.. Currently there are 0 open charges and 2 have been satisfied in the past.

ocean blue quota company ltd. Company Information

ocean blue quota company ltd. Estimated Valuation

ocean blue quota company ltd. Estimated Valuation

ocean blue quota company ltd. Estimated Valuation

Ocean Blue Quota Company Ltd. AI Business Plan

Ocean Blue Quota Company Ltd. Overview

Ocean Blue Quota Company Ltd. Health Check

ocean blue quota company ltd. Credit Report and Business Information

Ocean Blue Quota Company Ltd. Competitor Analysis

ocean blue quota company ltd. Ownership

ocean blue quota company ltd. directors

OCEAN BLUE QUOTA COMPANY LTD. financials

ocean blue quota company ltd. company details

ocean blue quota company ltd. Charges & Mortgages

ocean blue quota company ltd. Companies House Filings - See Documents